Altareit (XPAR:AREIT) Interest Expense : €-23 Mil (TTM As of Dec. 2023)

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What is Altareit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altareit's interest expense for the six months ended in Dec. 2023 was € -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-23 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. Altareit's Operating Income for the six months ended in Dec. 2023 was € -328 Mil. Altareit's Interest Expense for the six months ended in Dec. 2023 was € -15 Mil. Altareit did not have earnings to cover the interest expense. 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.

Altareit Interest Expense Historical Data

The historical data trend for Altareit'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.

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Altareit Interest Expense Chart

Altareit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-20.20

-20.70

-23.10

-20.30

-22.50

Altareit Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-5.80	-9.30	-11.00	-7.30	-15.20

Altareit 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-23 Mil.

Altareit (XPAR:AREIT) Interest Expense Explanation

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

Altareit's Interest Expense for the six months ended in Dec. 2023 was €-15 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-328 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €728 Mil.

Altareit's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Altareit did not have earnings to cover the interest expense.

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

Altareit (XPAR:AREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altareit SA (XPAR:AREIT) » Definitions » Interest Expense

Traded in Other Exchanges

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Address

8 avenue Delcasse, Paris, FRA, 75008

Website

https://www.altareit.com

Altareit SA is a property development company in France. The company is operating across the full breadth of the real estate sector: retail, residential and offices. Altareit also managed the retail development part of the mixed-use projects led by Altarea Cogedim Group. In addition, it is also engaged in the renovation and redevelopment of historic urban centers.

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