Rayonier (Rayonier) Interest Expense : $-48 Mil (TTM As of Dec. 2023)

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What is Rayonier Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rayonier's interest expense for the three months ended in Dec. 2023 was $ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-48 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. Rayonier's Operating Income for the three months ended in Dec. 2023 was $ 148 Mil. Rayonier's Interest Expense for the three months ended in Dec. 2023 was $ -12 Mil. Rayonier's Interest Coverage for the quarter that ended in Dec. 2023 was 12.77. 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.

Rayonier Interest Expense Historical Data

The historical data trend for Rayonier'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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Rayonier Interest Expense Chart

Rayonier Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-31.72

-38.77

-44.91

-36.21

-48.34

Rayonier 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															-9.73	-11.70	-12.46	-12.60	-11.59

Rayonier 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 $-48 Mil.

Rayonier (NYSE:RYN) 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.

Rayonier's Interest Expense for the three months ended in Dec. 2023 was $-12 Mil. Its Operating Income for the three months ended in Dec. 2023 was $148 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,453 Mil.

Rayonier'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	*	147.948	/	-11.587
	=	12.77

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

Rayonier (Rayonier) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rayonier Inc (NYSE:RYN) » Definitions » Interest Expense

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Traded in Other Exchanges

RA6:Germany

Address

1 Rayonier Way, Wildlight, FL, USA, 32097

Website

https://www.rayonier.com

Rayonier owns and manages over 2 million acres of timberland in the United States. It is one the largest private landowners in North America. The firm also owns timberland in New Zealand. Rayonier is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities.

Executives

David L Nunes	director, officer: Chief Executive Officer	1 RAYONIER WAY, WILDLIGHT FL 32097
Shelby L Pyatt	officer: VP, Human Resources	1 RAYONIER WAY, YULEE FL 32097
Gregg A Gonsalves	director	C/O CEDAR REALTY TRUST, INC., 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Mark Mchugh	officer: Chief Financial Officer	1 RAYONIER WAY, YULEE FL 32097
Meridee Moore	director
Douglas M Long	officer: SVP, Forest Resources	1 RAYONIER WAY, WILDLIGHT FL 32097
April J. Tice	officer: V.P. Corp Controller	1 RAYONIER WAY, YULEE FL 32097
Mark R Bridwell	officer: VP, GC and Secretary	1 RAYONIER WAY, WILDLIGHT FL 32097
W. Rhett Rogers	officer: VP, Portfolio Management	1 RAYONIER WAY, YULEE FL 32097
Matthew Justice Rivers	director	1 RAYONIER WAY, WILDLIGHT FL 32097
Blanche L Lincoln	director	C/O ENTERGY CORPORATION LEGAL DEPARTMENT, 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Dod A Fraser	director	1 RAYONIER WAY, YULEE FL 32097
Keith E Bass	director	6208 BLAKEFORD DRIVE, WINDERMERE FL 34786
V. Larkin Martin	director	1 RAYONIER WAY, YULEE FL 32097
Scott R. Jones	director	1 RAYONIER WAY, YULEE FL 32097