What is Capital Properties Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Capital Properties's interest expense for the
three
months ended in Mar. 2024 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 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. Capital Properties's Operating Income for the
three
months ended in Mar. 2024 was $ 0.72 Mil. Capital Properties's Interest Expense for the
three
months ended in Mar. 2024 was $ 0.00 Mil.
Capital Properties has no long-term debt (1).
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.
(1) Note: An indication of "no long-term 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.
Capital Properties 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 $0.00 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.
Capital Properties (OTCPK:CPTP) 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.
Capital Properties's Interest Expense for the
three
months ended in Mar. 2024 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $0.00 Mil.
Capital Properties's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| Capital Properties had no long-term debt (1). |
* 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.
Good Sign:
Capital Properties Inc has no debt.
Capital Properties (Capital Properties) Business Description
Traded in Other Exchanges
N/A
Address
5 Steeple Street, Unit 303, Providence, RI, USA, 02903
Capital Properties Inc is a real estate company. The company's business activities include the long-term leasing of certain real estate interests in downtown Providence, Rhode Island, the leasing of a portion of its building under short-term leasing arrangements, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts. The properties of the company include historic buildings in and adjacent to the Capital Center District in Providence, Rhode Island, as well as owns several locations on which billboard faces are constructed. Its only operating segment is Leasing.
Executives
| Daniel T Noreck |
director |
75 HAMMOND STREET, WORCESTER MA 01610 |
| Linda Eder |
other: See Remarks |
100 DEXTER ROAD, EAST PROVIDENCE RI 02914 |
| Eder 2022 Community Property Trust |
10 percent owner |
220 SUNRISE AVENUE, SUITE 205, PALM BEACH FL 33480 |
| Robert H Eder |
director, 10 percent owner, officer: CEO & President |
5 STEEPLE STREET, #303, PROVIDENCE RI 02903 |
| Susan R. Johnson |
officer: Treasurer |
5 STEEPLE STREET, UNIT 303, PROVIDENCE RI 02903 |
| Steven G Triedman |
director |
25 POWER STREET, PROVIDENCE RI 02903 |
| P Scott Conti |
officer: President |
75 HAMMOND STREET, WORCESTER MA 01610 |
| Craig M Scott |
director |
75 HAMMOND STREET, WORCESTER MA 01610 |
| Matthew C Baum |
director |
152 IRVING AVENUE, PROVIDENCE RI 02906 |
| Todd D Turcotte |
officer: Vice President |
100 DEXTER ROAD, EAST PROVIDENCE RI 02914 |
| Roy J Nirschel |
director |
45 FERRY ROAD, BRISTOL RI 02809 |
| Alfred J Corso |
director |
6 LEWIS STREET, BARRINGTON RI 02806 |
| Stephen J Carlotti |
10 percent owner |
1500 FLEET CENTER, PROVIDENCE RI 02903 |
| Barbara J Dreyer |
officer: Treasurer |
|
| Harris N Rosen |
director |
|
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