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The RMR Group (FRA:26R) Interest Expense : €0.0 Mil (TTM As of Mar. 2024)


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What is The RMR Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The RMR Group's interest expense for the three months ended in Mar. 2024 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €0.0 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. The RMR Group's Operating Income for the three months ended in Mar. 2024 was € 13.6 Mil. The RMR Group's Interest Expense for the three months ended in Mar. 2024 was € 0.0 Mil. GuruFocus does not calculate The RMR Group's interest coverage with the available data. 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.

The RMR Group Interest Expense Historical Data

The historical data trend for The RMR Group'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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The RMR Group Interest Expense Chart

The RMR Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
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The RMR Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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The RMR Group 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 €0.0 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.

The RMR Group  (FRA:26R) 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.

The RMR Group's Interest Expense for the three months ended in Mar. 2024 was €0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €13.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €26.8 Mil.

The RMR Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate The RMR Group's interest coverage with the available data.

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. The RMR Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

The RMR Group (FRA:26R) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The RMR Group Inc (FRA:26R) » Definitions » Interest Expense
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Traded in Other Exchanges
RMR:USA RMR:Mexico 26R:Germany
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Website
https://www.rmrgroup.com
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.

The RMR Group (FRA:26R) Headlines

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