TAG Immobilien AG (XTER:TEG) Interest Expense : €-90 Mil (TTM As of Dec. 2023)

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What is TAG Immobilien AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TAG Immobilien AG's interest expense for the three months ended in Dec. 2023 was € -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-90 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. TAG Immobilien AG's Operating Income for the three months ended in Dec. 2023 was € 99 Mil. TAG Immobilien AG's Interest Expense for the three months ended in Dec. 2023 was € -17 Mil. TAG Immobilien AG's Interest Coverage for the quarter that ended in Dec. 2023 was 5.97. 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.

TAG Immobilien AG Interest Expense Historical Data

The historical data trend for TAG Immobilien AG'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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TAG Immobilien AG Interest Expense Chart

TAG Immobilien AG Annual Data

Trend

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Dec23

Interest Expense

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-49.46

-51.71

-51.24

-53.23

-71.52

TAG Immobilien AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-14.30	-36.75	-18.14	-18.51	-16.52

TAG Immobilien AG 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 quarterly data reported by the company within the most recent 12 months, which was €-90 Mil.

TAG Immobilien AG (XTER:TEG) 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.

TAG Immobilien AG's Interest Expense for the three months ended in Dec. 2023 was €-17 Mil. Its Operating Income for the three months ended in Dec. 2023 was €99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €2,928 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	98.546	/	-16.517
	=	5.97

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

TAG Immobilien AG (XTER:TEG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (XTER:TEG) » Definitions » Interest Expense

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TAGOF:USA TEGd:UK 0JK4:UK TEG:Austria

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

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