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American Residential Properties (American Residential Properties) Interest Expense : $-30.3 Mil (TTM As of Sep. 2015)


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What is American Residential Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Residential Properties's interest expense for the three months ended in Sep. 2015 was $ -7.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-30.3 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. American Residential Properties's Operating Income for the three months ended in Sep. 2015 was $ -12.4 Mil. American Residential Properties's Interest Expense for the three months ended in Sep. 2015 was $ -7.7 Mil. American Residential Properties did not have earnings to cover the interest expense. 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.

American Residential Properties Interest Expense Historical Data

The historical data trend for American Residential Properties'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.

* Premium members only.

American Residential Properties Interest Expense Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
Interest Expense
- -5.11 -22.66

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.96 -7.60 -7.32 -7.64 -7.73

American Residential Properties 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-30.3 Mil.

* 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.

American Residential Properties  (NYSE:ARPI) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

American Residential Properties's Interest Expense for the three months ended in Sep. 2015 was $-7.7 Mil. Its Operating Income for the three months ended in Sep. 2015 was $-12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $780.3 Mil.

American Residential Properties's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

American Residential Properties did not have earnings to cover the interest expense.

* 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.

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

American Residential Properties (American Residential Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Residential Properties Inc (NYSE:ARPI) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.americanresidentialproperties.com
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

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