Fukuoka REIT (TSE:8968) Interest Expense : 円-613 Mil (TTM As of Aug. 2023)

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What is Fukuoka REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fukuoka REIT's interest expense for the six months ended in Aug. 2023 was 円 -285 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was 円-613 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. Fukuoka REIT's Operating Income for the six months ended in Aug. 2023 was 円 3,373 Mil. Fukuoka REIT's Interest Expense for the six months ended in Aug. 2023 was 円 -285 Mil. Fukuoka REIT's Interest Coverage for the quarter that ended in Aug. 2023 was 11.85. 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.

Fukuoka REIT Interest Expense Historical Data

The historical data trend for Fukuoka 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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Fukuoka REIT Interest Expense Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-554.79

-553.67

-569.19

-550.49

-559.23

Fukuoka REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial															-271.72	-278.77	-274.56	-284.67	-328.06

Fukuoka 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-613 Mil.

Fukuoka REIT (TSE:8968) 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.

Fukuoka REIT's Interest Expense for the six months ended in Aug. 2023 was 円-285 Mil. Its Operating Income for the six months ended in Aug. 2023 was 円3,373 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was 円79,250 Mil.

Fukuoka REIT's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2023 )	/	Interest Expense (Q: Aug. 2023 )
	=	-1	*	3372.637	/	-284.674
	=	11.85

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

Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » Interest Expense

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Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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