Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Other Operating Expense : C$6 Mil (TTM As of Dec. 2023)

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What is Canadian Apartment Properties Real Estate Investment Trust Other Operating Expense?

Canadian Apartment Properties Real Estate Investment Trust's Other Operating Expense for the three months ended in Dec. 2023 was C$2 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$6 Mil.

Canadian Apartment Properties Real Estate Investment Trust's quarterly Other Operating Expense declined from Jun. 2023 (C$2 Mil) to Sep. 2023 (C$1 Mil) but then increased from Sep. 2023 (C$1 Mil) to Dec. 2023 (C$2 Mil).

Canadian Apartment Properties Real Estate Investment Trust's annual Other Operating Expense declined from Dec. 2021 (C$8 Mil) to Dec. 2022 (C$4 Mil) but then increased from Dec. 2022 (C$4 Mil) to Dec. 2023 (C$6 Mil).

Canadian Apartment Properties Real Estate Investment Trust Other Operating Expense Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Other Operating 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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Canadian Apartment Properties Real Estate Investment Trust Other Operating Expense Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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6.29

7.67

8.25

4.05

6.21

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															1.75	1.60	1.60	1.50	1.51

Canadian Apartment Properties Real Estate Investment Trust Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 C$6 Mil.

Canadian Apartment Properties Real Estate Investment Trust Other Operating Expense Related Terms

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

CDPYF:USA CARUN:Mexico

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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