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SIF Imobiliare (BSE:SIFI) Interest Expense : lei-2.19 Mil (TTM As of Dec. 2023)


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What is SIF Imobiliare Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SIF Imobiliare's interest expense for the six months ended in Dec. 2023 was lei -2.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was lei-2.19 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. SIF Imobiliare's Operating Income for the six months ended in Dec. 2023 was lei 15.21 Mil. SIF Imobiliare's Interest Expense for the six months ended in Dec. 2023 was lei -2.19 Mil. SIF Imobiliare's Interest Coverage for the quarter that ended in Dec. 2023 was 6.96. 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.


SIF Imobiliare Interest Expense Historical Data

The historical data trend for SIF Imobiliare'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.

SIF Imobiliare Interest Expense Chart

SIF Imobiliare Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -5.68 -3.94 -2.47 -1.84 -2.19

SIF Imobiliare Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial -5.68 -3.94 -2.47 -1.84 -2.19

SIF Imobiliare Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was lei-2.19 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.


SIF Imobiliare  (BSE:SIFI) 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.

SIF Imobiliare's Interest Expense for the six months ended in Dec. 2023 was lei-2.19 Mil. Its Operating Income for the six months ended in Dec. 2023 was lei15.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was lei1.14 Mil.

SIF Imobiliare'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*15.206/-2.186
=6.96

* 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.


SIF Imobiliare (BSE:SIFI) Business Description

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Traded in Other Exchanges
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Address
30 Karpenisiou Street, Nicosia, CYP, 1077
SIF Imobiliare PLC is engaged in the ownership, exploitation, management, and trading of real estate property located in Romania.