Sila Realty Trust (Sila Realty Trust) Interest Expense : $-22.8 Mil (TTM As of Mar. 2024)

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What is Sila Realty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sila Realty Trust's interest expense for the three months ended in Mar. 2024 was $ -5.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-22.8 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. Sila Realty Trust's Operating Income for the three months ended in Mar. 2024 was $ 18.0 Mil. Sila Realty Trust's Interest Expense for the three months ended in Mar. 2024 was $ -5.3 Mil. Sila Realty Trust's Interest Coverage for the quarter that ended in Mar. 2024 was 3.39. 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.

Sila Realty Trust Interest Expense Historical Data

The historical data trend for Sila Realty 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.

* Premium members only.

Sila Realty Trust Interest Expense Chart

Sila Realty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-33.56

-42.03

-37.63

-24.08

-23.11

Sila Realty Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-5.62	-5.66	-5.65	-6.17	-5.29

Sila Realty 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.8 Mil.

Sila Realty Trust (OTCPK:CVMCA) 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.

Sila Realty Trust's Interest Expense for the three months ended in Mar. 2024 was $-5.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was $18.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $41.0 Mil.

Sila Realty Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	17.957	/	-5.294
	=	3.39

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

Sila Realty Trust (Sila Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sila Realty Trust Inc (OTCPK:CVMCA) » Definitions » Interest Expense

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Traded in Other Exchanges

CVMTD:USA

Address

1001 Water Street, Suite 800, Tampa, FL, USA, 33602

Website

https://www.silarealtytrust.com

Sila Realty Trust Inc is a real estate investment trust. Its investment objective is to pay regular cash distributions to stockholders and to preserve, protect, and return capital contributions to stockholders. The company owns and manages healthcare assets. The company generates revenue from real estate investments in healthcare properties.

Executives

Roger Sherwood Pratt	director	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Adrienne Kirby	director	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Robert Labenski	officer: Chief Accounting Officer	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Verett Ann Mims	director	15 ENTERPRISE, SUITE 200, ALISO VIEJO CA 92656
Z Jamie Behar	director	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Jason C. Reed	officer: CIO, Data Centers	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Jamie A. Yoakum	officer: CAO	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Jon C. Sajeski	officer: CIO, Healthcare	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Kay C. Neely	officer: CFO and Treasurer	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Robert M Winslow	director	4890 W. KENNEDY BLVD. SUITE 650, TAMPA FL 33609
Jonathan Kuchin	director	1001 WATER STREET, SUITE 800, TAMPA FL 33602
Ronald Lee Rayevich	director	4890 W KENNEDY BLVD, SUITE 650, TAMPA FL 33609
Randall Greene	director	4890 W KENNEDY BLVD, SUITE 650, TAMPA FL 33609
Lisa Drummond	officer: COO & Secretary	4211 WEST BOY SCOUT BLVD., SUITE 500, TAMPA FL 33607
John E Carter	director, officer: Chairman of the Board & CEO	4890 W KENNEDY BLVD, SUITE 650, TAMPA FL 33609

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