Lendlease Global Commercial REIT (SGX:JYEU) Interest Expense : S$-47.7 Mil (TTM As of Dec. 2023)

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What is Lendlease Global Commercial REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lendlease Global Commercial REIT's interest expense for the six months ended in Dec. 2023 was S$ -32.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-47.7 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. Lendlease Global Commercial REIT's Operating Income for the six months ended in Dec. 2023 was S$ 81.5 Mil. Lendlease Global Commercial REIT's Interest Expense for the six months ended in Dec. 2023 was S$ -32.7 Mil. Lendlease Global Commercial REIT's Interest Coverage for the quarter that ended in Dec. 2023 was 2.49. 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.

Lendlease Global Commercial REIT Interest Expense Historical Data

The historical data trend for Lendlease Global Commercial 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.

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Lendlease Global Commercial REIT Interest Expense Chart

Lendlease Global Commercial REIT Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Interest Expense

-4.76

-8.71

-38.54

Lendlease Global Commercial REIT Semi-Annual Data
	Mar20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-5.69	-3.02	-23.59	-14.95	-32.71

Lendlease Global Commercial 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$-47.7 Mil.

Lendlease Global Commercial REIT (SGX:JYEU) 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.

Lendlease Global Commercial REIT's Interest Expense for the six months ended in Dec. 2023 was S$-32.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$81.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$1,513.0 Mil.

Lendlease Global Commercial 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	*	81.547	/	-32.71
	=	2.49

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lendlease Global Commercial REIT interest coverage is 3.08, which is low.

Lendlease Global Commercial REIT (SGX:JYEU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lendlease Global Commercial REIT (SGX:JYEU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Tanjong Katong Road, No. 05-01 PLQ 3, Paya Lebar Quarter, Singapore, SGP, 437161

Website

https://www.lendleaseglobalcommercialreit.com

Lendlease Global Commercial REIT is a Singapore real estate investment trust. It is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally that are used primarily for retail and office purposes as well as real estate-related assets in connection with the foregoing. The company's geographical segment includes Singapore segment which comprises of leasing of retail and office buildings in Singapore. and Italy segment which comprises of easing of Sky Complex, comprising three office buildings in Milan. It derives a majority of revenue from Singapore.

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