Wereldhave Belgium (XBRU:WEHB) Interest Expense : €-13.36 Mil (TTM As of Dec. 2023)

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What is Wereldhave Belgium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wereldhave Belgium's interest expense for the six months ended in Dec. 2023 was € -8.43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-13.36 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. Wereldhave Belgium's Operating Income for the six months ended in Dec. 2023 was € 24.52 Mil. Wereldhave Belgium's Interest Expense for the six months ended in Dec. 2023 was € -8.43 Mil. Wereldhave Belgium's Interest Coverage for the quarter that ended in Dec. 2023 was 2.91. 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.

Wereldhave Belgium Interest Expense Historical Data

The historical data trend for Wereldhave Belgium'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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Wereldhave Belgium Interest Expense Chart

Wereldhave Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.66

-2.69

-4.67

-5.91

-13.36

Wereldhave Belgium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.64	-2.58	-3.33	-4.93	-8.43

Wereldhave Belgium 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 €-13.36 Mil.

Wereldhave Belgium (XBRU:WEHB) 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.

Wereldhave Belgium's Interest Expense for the six months ended in Dec. 2023 was €-8.43 Mil. Its Operating Income for the six months ended in Dec. 2023 was €24.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €237.07 Mil.

Wereldhave Belgium'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	*	24.52	/	-8.425
	=	2.91

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

Wereldhave Belgium (XBRU:WEHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wereldhave Belgium (XBRU:WEHB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WPU:Germany

Address

Medialaan 30/6, Vilvoorde, BEL, 1800

Website

https://www.wereldhavebelgium.com

Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

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