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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Interest Expense : ฿-440 Mil (TTM As of Mar. 2024)


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What is Frasers Property Thailand Industrial Freehold & Leasehold REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frasers Property Thailand Industrial Freehold & Leasehold REIT's interest expense for the three months ended in Mar. 2024 was ฿ -104 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-440 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. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Operating Income for the three months ended in Mar. 2024 was ฿ 742 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Interest Expense for the three months ended in Mar. 2024 was ฿ -104 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Interest Coverage for the quarter that ended in Mar. 2024 was 7.10. 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT Interest Expense Historical Data

The historical data trend for Frasers Property Thailand Industrial Freehold & Leasehold REIT'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.

Frasers Property Thailand Industrial Freehold & Leasehold REIT Interest Expense Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -271.26 -314.74 -370.67 -361.10 -399.99

Frasers Property Thailand Industrial Freehold & Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -93.10 -97.61 -115.47 -122.50 -104.48

Frasers Property Thailand Industrial Freehold & Leasehold REIT 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-440 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT  (BKK:FTREIT) 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.

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Interest Expense for the three months ended in Mar. 2024 was ฿-104 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿742 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿11,503 Mil.

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*741.809/-104.482
=7.10

* 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, No.944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330
Frasers Property Thailand Industrial Freehold & Leasehold REIT buys land and parks to develop factory building and offer it for rent in Thailand. The company also provides logistic warehouse, custom factories and warehouse and sales and leasebacks. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties.

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