Brandywine Realty Trust (Brandywine Realty Trust) Interest Coverage

: 1.10 (As of Dec. 2023)

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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 by its Interest Expense. Brandywine Realty Trust's Operating Income for the three months ended in Dec. 2023 was $28.4 Mil. Brandywine Realty Trust's Interest Expense for the three months ended in Dec. 2023 was $-25.9 Mil. Brandywine Realty Trust's interest coverage for the quarter that ended in Dec. 2023 was 1.10. 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. Brandywine Realty Trust interest coverage is 1.01, which is low.

The historical rank and industry rank for Brandywine Realty Trust's Interest Coverage or its related term are showing as below:

BDN' s Interest Coverage Range Over the Past 10 Years
Min: 0.96 Med: 1.29 Max: 1.52
Current: 1.01

BDN's Interest Coverage is ranked worse than
88.18% of 677 companies
in the REITs industry
Industry Median: 3.01 vs BDN: 1.01

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Brandywine Realty Trust Interest Coverage Historical Data

The historical data trend for Brandywine Realty Trust's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Brandywine Realty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

1.33

1.44

1.38

1.37

1.01

Brandywine Realty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																1.24	0.98	0.95	1.02	1.10

Competitive Comparison

For the REIT - Office subindustry, Brandywine Realty Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brandywine Realty Trust Interest Coverage Distribution

For the REITs industry and Real Estate sector, Brandywine Realty Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brandywine Realty Trust's Interest Coverage falls into.

Brandywine Realty Trust Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Brandywine Realty Trust's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Brandywine Realty Trust's Interest Expense was $-99.8 Mil. Its Operating Income was $101.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,162.2 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	101.045	/	-99.825
	=	1.01

Brandywine Realty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Brandywine Realty Trust's Interest Expense was $-25.9 Mil. Its Operating Income was $28.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,162.2 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	28.373	/	-25.897
	=	1.10

The higher the ratio, the stronger the company's Financial Strength is.

Brandywine Realty Trust (NYSE:BDN) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Brandywine Realty Trust Interest Coverage Related Terms

Thank you for viewing the detailed overview of Brandywine Realty Trust's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Brandywine Realty Trust (Brandywine Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Brandywine Realty Trust (NYSE:BDN) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

B2X:Germany

Address

2929 Arch Street, Suite 1800, Philadelphia, PA, USA, 19104

Website

https://www.brandywinerealty.com

Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.

Executives

Joan Lau	director	C/O RENOVACOR, INC., 5 MEAD POINT DRIVE, GREENWICH CT 06830
Michael Joyce	director	401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Tom Wirth	officer: Executive Vice President	C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
William D Redd	officer: Executive Vice President	555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
H Jeffrey Devuono	officer: Executive Vice President	401 PLYMOUTH RD, STE 500, PLYMOUTH MEETING PA 19462
Reginald Desroches	director	C/O BRANDYWINE REALTY TRUST, 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Wyche Fowler	director	401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Shawn Neuman	officer: General Counsel & Secretary	C/O LIBERTY PROPERTY TRUST, SUITE 400, WAYNE PA 19087
Gerard H Sweeney	director, officer: President and CEO	200 BERWYN PARK, STE 100, BERWYN PA 19312
Daniel A Palazzo	officer: VP & Chief Accounting Officer	555 EAST LANCASTER AVE., SUITE 100, RADNOR PA 19087
Nichols Anthony A Sr	director
James C Diggs	director	1000 SIX PPG PL, PITTSBURGH PA 15222
Terri A Herubin	director	2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Haverstick H Richard Jr	director	26 WRENTHAM DRIVE, MEDFORD NJ 08055
Rice Jennifer Matthews	officer: VP of Legal Affairs	555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087