GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Australian Unity Office Fund (ASX:AOF) » Definitions » Interest Expense

Australian Unity Office Fund (ASX:AOF) Interest Expense : A$-1.83 Mil (TTM As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Australian Unity Office Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Australian Unity Office Fund's interest expense for the six months ended in Dec. 2023 was A$ -0.43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.83 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. Australian Unity Office Fund's Operating Income for the six months ended in Dec. 2023 was A$ 5.73 Mil. Australian Unity Office Fund's Interest Expense for the six months ended in Dec. 2023 was A$ -0.43 Mil. Australian Unity Office Fund's Interest Coverage for the quarter that ended in Dec. 2023 was 13.46. 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.


Australian Unity Office Fund Interest Expense Historical Data

The historical data trend for Australian Unity Office Fund'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.

Australian Unity Office Fund Interest Expense Chart

Australian Unity Office Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -7.85 -7.78 -6.64 -5.65 -4.32

Australian Unity Office Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.74 -2.90 -2.92 -1.41 -0.43

Australian Unity Office Fund 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 A$-1.83 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.


Australian Unity Office Fund  (ASX:AOF) 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.

Australian Unity Office Fund's Interest Expense for the six months ended in Dec. 2023 was A$-0.43 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$5.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$5.00 Mil.

Australian Unity Office Fund'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*5.733/-0.426
=13.46

* 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.


Australian Unity Office Fund (ASX:AOF) Business Description

Traded in Other Exchanges
N/A
Address
271 Spring Street, Level 15, Melbourne, VIC, AUS, 3000
Australian Unity Office Fund is a REIT engaged in owning and managing a diversified portfolio of nine office properties located across Australian metropolitan and CBD markets in Sydney, Adelaide, Melbourne, Brisbane, and Canberra. Its only operating segment is an investment in office properties. Geographically, it operates only in Australia. It generates revenue from rental income.

Australian Unity Office Fund (ASX:AOF) Headlines

No Headlines