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IGB Real Estate Investment Trust (XKLS:5227) Interest Expense : RM-54.2 Mil (TTM As of Sep. 2024)


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What is IGB Real Estate Investment Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IGB Real Estate Investment Trust's interest expense for the three months ended in Sep. 2024 was RM -13.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was RM-54.2 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. IGB Real Estate Investment Trust's Operating Income for the three months ended in Sep. 2024 was RM 104.0 Mil. IGB Real Estate Investment Trust's Interest Expense for the three months ended in Sep. 2024 was RM -13.6 Mil. IGB Real Estate Investment Trust's Interest Coverage for the quarter that ended in Sep. 2024 was 7.64. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

IGB Real Estate Investment Trust Interest Expense Historical Data

The historical data trend for IGB Real Estate Investment Trust's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IGB Real Estate Investment Trust Interest Expense Chart

IGB Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.80 -53.21 -53.06 -53.34 -54.03

IGB Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.62 -13.62 -13.47 -13.47 -13.62

IGB Real Estate Investment Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-54.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IGB Real Estate Investment Trust  (XKLS:5227) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

IGB Real Estate Investment Trust's Interest Expense for the three months ended in Sep. 2024 was RM-13.6 Mil. Its Operating Income for the three months ended in Sep. 2024 was RM104.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was RM1,199.5 Mil.

IGB Real Estate Investment Trust's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*104.007/-13.619
=7.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

IGB Real Estate Investment Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » IGB Real Estate Investment Trust (XKLS:5227) » Definitions » Interest Expense
Comparable Companies
XKLS:5176 XKLS:5212 XKLS:5180 XKLS:5280 XKLS:5121 ASX:SCG SPG O ASX:VCX HKSE:00823 KIM REG SGX:C38U FRT XPAR:LI XPAR:URW NNN BRX ADC TSE:3462
Traded in Other Exchanges
N/A
Address
Level 32, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200
Website
https://www.igbreit.com
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company's portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company has two retail malls in its portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The company generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.

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