BWP Trust (ASX:BWP) Interest Expense : A$-19.5 Mil (TTM As of Dec. 2023)

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What is BWP Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BWP Trust's interest expense for the six months ended in Dec. 2023 was A$ -10.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-19.5 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. BWP Trust's Operating Income for the six months ended in Dec. 2023 was A$ 67.8 Mil. BWP Trust's Interest Expense for the six months ended in Dec. 2023 was A$ -10.5 Mil. BWP Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 6.44. 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.

BWP Trust Interest Expense Historical Data

The historical data trend for BWP Trust'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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BWP Trust Interest Expense Chart

BWP Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-19.58

-15.52

-14.96

-13.78

-16.72

BWP Trust 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															-7.49	-6.29	-7.79	-8.93	-10.52

BWP Trust 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$-19.5 Mil.

BWP Trust (ASX:BWP) 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.

BWP Trust's Interest Expense for the six months ended in Dec. 2023 was A$-10.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$67.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$513.5 Mil.

BWP Trust'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	*	67.809	/	-10.524
	=	6.44

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

BWP Trust (ASX:BWP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BWP Trust (ASX:BWP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, AUS, 6000

Website

https://www.bwptrust.com.au

BWP Trust is an Australian REIT focused on owing warehouse/bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns are diversified across most Australian states and are on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers. Wesfarmers is a wide-moat, top 10 ASX-listed company by market capitalisation. BWP Trust is also externally managed by a wholly owned subsidiary of Wesfarmers and Wesfarmers also owns 24% of the units in the trust.