Strawberry Fields REIT (XTAE:STRW) Interest Expense : ₪-113.9 Mil (TTM As of Sep. 2024)

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What is Strawberry Fields REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Strawberry Fields REIT's interest expense for the three months ended in Sep. 2024 was ₪ -31.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₪-113.9 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. Strawberry Fields REIT's Operating Income for the three months ended in Sep. 2024 was ₪ 56.3 Mil. Strawberry Fields REIT's Interest Expense for the three months ended in Sep. 2024 was ₪ -31.8 Mil. Strawberry Fields REIT's Interest Coverage for the quarter that ended in Sep. 2024 was 1.77. 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.

Strawberry Fields REIT Interest Expense Historical Data

The historical data trend for Strawberry Fields REIT'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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Strawberry Fields REIT Interest Expense Chart

Strawberry Fields REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-93.19

-85.42

-76.81

-76.25

-91.43

Strawberry Fields REIT Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial											-28.69	-24.71	-28.62	-28.70	-31.83

Strawberry Fields REIT 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 ₪-113.9 Mil.

Strawberry Fields REIT (XTAE:STRW) 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.

Strawberry Fields REIT's Interest Expense for the three months ended in Sep. 2024 was ₪-31.8 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₪56.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₪2,088.1 Mil.

Strawberry Fields REIT'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	*	56.275	/	-31.826
	=	1.77

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Strawberry Fields REIT Inc interest coverage is 1.78, which is low.

Strawberry Fields REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Strawberry Fields REIT Inc (XTAE:STRW) » Definitions » Interest Expense

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Traded in Other Exchanges

STRW:USA

Address

6101 Nimtz Parkway, South Bend, IN, USA, 46628

Website

https://www.strawberryfieldsreit.com

Strawberry Fields REIT Inc is a self-managed and self-administered company that specializes in the acquisition, ownership and triple-net leasing of skilled nursing facilities and other post-acute healthcare properties.