Douglas Emmett (Douglas Emmett) Interest Expense : $-209 Mil (TTM As of Dec. 2023)

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What is Douglas Emmett Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Douglas Emmett's interest expense for the three months ended in Dec. 2023 was $ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-209 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. Douglas Emmett's Operating Income for the three months ended in Dec. 2023 was $ 31 Mil. Douglas Emmett's Interest Expense for the three months ended in Dec. 2023 was $ -58 Mil. Douglas Emmett's Interest Coverage for the quarter that ended in Dec. 2023 was 0.53. 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.

Douglas Emmett Interest Expense Historical Data

The historical data trend for Douglas Emmett'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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Douglas Emmett Interest Expense Chart

Douglas Emmett Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-143.31

-142.87

-147.50

-150.19

-209.47

Douglas Emmett 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															-40.63	-45.51	-50.31	-56.04	-57.61

Douglas Emmett 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 $-209 Mil.

Douglas Emmett (NYSE:DEI) 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.

Douglas Emmett's Interest Expense for the three months ended in Dec. 2023 was $-58 Mil. Its Operating Income for the three months ended in Dec. 2023 was $31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $5,554 Mil.

Douglas Emmett'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	*	30.661	/	-57.609
	=	0.53

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. Douglas Emmett Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Douglas Emmett (Douglas Emmett) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Douglas Emmett Inc (NYSE:DEI) » Definitions » Interest Expense

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D8K:Germany

Address

1299 Ocean Avenue, Suite 1000, Santa Monica, CA, USA, 90401

Website

https://www.douglasemmett.com

Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.

Executives

Simon William E Jr	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Michele L Aronson	officer: EVP, GEN COUNSEL & SECY	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Shirley Wang	director	DOUGLAS EMMETT, INC., 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Jordan L Kaplan	director, officer: Chief Exec Officer, President	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
David T Feinberg	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Leslie E Bider	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Ray C Leonard	director	DOUGLAS EMMETT, INC., 1299 OCEAN AVENUNE, SUITE 1000, SANTA MONICA CA 90401
Virginia Mcferran	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Peter Seymour	officer: Chief Financial Officer	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Kevin Andrew Crummy	officer: Chief Investment Officer	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Kenneth M Panzer	director, officer: Chief Operating Officer	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
O Hern Thomas E	director	THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Johnese Spisso	director	4500 DORR STREET, TOLEDO OH 43615
Dan A Emmett	director, officer: Chairman of the Board	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Dorene Dominguez	director	C/O CIT GROUP INC, GENERAL COUNSEL, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039