Tokyu Reit (TSE:8957) Interest Expense : 円-809 Mil (TTM As of Jul. 2023)

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What is Tokyu Reit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokyu Reit's interest expense for the six months ended in Jul. 2023 was 円 -403 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was 円-809 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. Tokyu Reit's Operating Income for the six months ended in Jul. 2023 was 円 4,683 Mil. Tokyu Reit's Interest Expense for the six months ended in Jul. 2023 was 円 -403 Mil. Tokyu Reit's Interest Coverage for the quarter that ended in Jul. 2023 was 11.62. 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.

Tokyu Reit Interest Expense Historical Data

The historical data trend for Tokyu 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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Tokyu Reit Interest Expense Chart

Tokyu Reit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

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-961.64

-904.75

-862.70

-753.30

-769.19

Tokyu Reit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	Get a 7-Day Free Trial															-384.74	-368.55	-366.24	-402.96	-406.40

Tokyu 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-809 Mil.

Tokyu Reit (TSE:8957) 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.

Tokyu Reit's Interest Expense for the six months ended in Jul. 2023 was 円-403 Mil. Its Operating Income for the six months ended in Jul. 2023 was 円4,683 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was 円94,000 Mil.

Tokyu Reit's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jul. 2023 )	/	Interest Expense (Q: Jul. 2023 )
	=	-1	*	4682.983	/	-402.956
	=	11.62

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

Tokyu Reit (TSE:8957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokyu Reit Inc (TSE:8957) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

1-12-1, Dogenzaka, Tokyo, JPN

Website

http://www.tokyu-reit.co.jp

Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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