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Reit Azorim - H.F Living (XTAE:AZRT) Interest Expense : ₪-50.67 Mil (TTM As of Mar. 2024)


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What is Reit Azorim - H.F Living Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reit Azorim - H.F Living's interest expense for the three months ended in Mar. 2024 was ₪ -9.92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-50.67 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. Reit Azorim - H.F Living's Operating Income for the three months ended in Mar. 2024 was ₪ 9.57 Mil. Reit Azorim - H.F Living's Interest Expense for the three months ended in Mar. 2024 was ₪ -9.92 Mil. Reit Azorim - H.F Living's Interest Coverage for the quarter that ended in Mar. 2024 was 0.96. 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.


Reit Azorim - H.F Living Interest Expense Historical Data

The historical data trend for Reit Azorim - H.F Living'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.

Reit Azorim - H.F Living Interest Expense Chart

Reit Azorim - H.F Living Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.10 - -8.35 -76.73 -59.34

Reit Azorim - H.F Living Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -18.52 -20.20 -13.51 -7.03 -9.92

Reit Azorim - H.F Living 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-50.67 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.


Reit Azorim - H.F Living  (XTAE:AZRT) 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.

Reit Azorim - H.F Living's Interest Expense for the three months ended in Mar. 2024 was ₪-9.92 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪9.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₪1,423.32 Mil.

Reit Azorim - H.F Living's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*9.566/-9.924
=0.96

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Reit Azorim - H.F Living Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Reit Azorim - H.F Living (XTAE:AZRT) Business Description

Traded in Other Exchanges
N/A
Address
32 Arnia Street, Tel Aviv, ISR
Reit Azorim - H.F Living Ltd is REIT Fund in Israel that focuses on profitable properties In the field Of rental housing in the various segments, with the aim of producing wide portfolio of self-distributing properties.. It offers long-term rental apartments and new apartments, directly from real estate company. The company's activity focuses on the yielding residential real estate sector in Israel, that is, the purchase and construction of residential apartments and real estate assets associated with them such as: commercial areas, shops, etc., their rental and the provision of services related to their rental.

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