Digital Core REIT (SGX:DCRU) Interest Expense : $-24.7 Mil (TTM As of Dec. 2023)

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What is Digital Core REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digital Core REIT's interest expense for the six months ended in Dec. 2023 was $ -13.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-24.7 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. Digital Core REIT's Operating Income for the six months ended in Dec. 2023 was $ 32.4 Mil. Digital Core REIT's Interest Expense for the six months ended in Dec. 2023 was $ -13.1 Mil. Digital Core REIT's Interest Coverage for the quarter that ended in Dec. 2023 was 2.47. 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.

Digital Core REIT Interest Expense Historical Data

The historical data trend for Digital Core 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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Digital Core REIT Interest Expense Chart

Digital Core REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Dec23

Interest Expense

-11.63

-12.51

-6.07

-9.89

-24.71

Digital Core REIT Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-2.47	-3.83	-6.07	-11.57	-13.14

Digital Core 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-24.7 Mil.

Digital Core REIT (SGX:DCRU) 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.

Digital Core REIT's Interest Expense for the six months ended in Dec. 2023 was $-13.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was $32.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $555.5 Mil.

Digital Core REIT'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	*	32.41	/	-13.143
	=	2.47

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. Digital Core REIT interest coverage is 2.08, which is low.

Digital Core REIT (SGX:DCRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Digital Core REIT (SGX:DCRU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DGTCF:USA

Address

10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315

Website

https://www.digitalcorereit.com

Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. The company's geographical presence in North America (U.S. and Canada) and Germany. Company earns majority of its revenue from North America segment.

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