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NTT UD Reit Investment (TSE:8956) Interest Expense : 円-866 Mil (TTM As of Oct. 2023)


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What is NTT UD Reit Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NTT UD Reit Investment's interest expense for the six months ended in Oct. 2023 was 円 -437 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was 円-866 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. NTT UD Reit Investment's Operating Income for the six months ended in Oct. 2023 was 円 5,490 Mil. NTT UD Reit Investment's Interest Expense for the six months ended in Oct. 2023 was 円 -437 Mil. NTT UD Reit Investment's Interest Coverage for the quarter that ended in Oct. 2023 was 12.56. 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.


NTT UD Reit Investment Interest Expense Historical Data

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment Interest Expense Chart

NTT UD Reit Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -804.33 -779.02 -837.54 -844.04 -865.83

NTT UD Reit Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 -432.62 -423.54 -420.51 -428.68 -437.15

NTT UD Reit Investment 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-866 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.


NTT UD Reit Investment  (TSE:8956) 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.

NTT UD Reit Investment's Interest Expense for the six months ended in Oct. 2023 was 円-437 Mil. Its Operating Income for the six months ended in Oct. 2023 was 円5,490 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was 円106,497 Mil.

NTT UD Reit Investment's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Oct. 2023 )/Interest Expense (Q: Oct. 2023 )
=-1*5490.155/-437.147
=12.56

* 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.


NTT UD Reit Investment (TSE:8956) Business Description

Traded in Other Exchanges
N/A
Address
1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

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