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Sasseur REIT (SGX:CRPU) Interest Expense : S$-22.1 Mil (TTM As of Dec. 2023)


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What is Sasseur REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sasseur REIT's interest expense for the six months ended in Dec. 2023 was S$ -10.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-22.1 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. Sasseur REIT's Operating Income for the six months ended in Dec. 2023 was S$ 58.4 Mil. Sasseur REIT's Interest Expense for the six months ended in Dec. 2023 was S$ -10.6 Mil. Sasseur REIT's Interest Coverage for the quarter that ended in Dec. 2023 was 5.51. 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.


Sasseur REIT Interest Expense Historical Data

The historical data trend for Sasseur 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.

Sasseur REIT Interest Expense Chart

Sasseur REIT Annual Data
Trend Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -22.62 -20.13 -17.44 -19.55 -22.13

Sasseur REIT Semi-Annual Data
Dec16 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.78 -8.94 -10.61 -11.54 -10.60

Sasseur 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-22.1 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.


Sasseur REIT  (SGX:CRPU) 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.

Sasseur REIT's Interest Expense for the six months ended in Dec. 2023 was S$-10.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$58.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$427.2 Mil.

Sasseur REIT'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*58.392/-10.595
=5.51

* 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.


Sasseur REIT (SGX:CRPU) Business Description

Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, No. 06-05, Suntec Tower One, Singapore, SGP, 038987
Sasseur REIT operates as a real estate investment trust. The firm invests in a diversified portfolio of income-producing retail real estate assets. Sasseur Real Estate Investment Trust serves customers in Asia. Its reportable segments are investment properties located in China which consist of Chongqing Outlets; Bishan Outlets; Hefei Outlets; Kunming Outlets.

Sasseur REIT (SGX:CRPU) Headlines

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