ESR Group (FRA:3K6) Interest Expense : €-287.9 Mil (TTM As of Dec. 2023)

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What is ESR Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ESR Group's interest expense for the six months ended in Dec. 2023 was € -141.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-287.9 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. ESR Group's Operating Income for the six months ended in Dec. 2023 was € 103.4 Mil. ESR Group's Interest Expense for the six months ended in Dec. 2023 was € -141.3 Mil. ESR Group's Interest Coverage for the quarter that ended in Dec. 2023 was 0.73. 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.

ESR Group Interest Expense Historical Data

The historical data trend for ESR 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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ESR Group Interest Expense Chart

ESR Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-162.33

-121.17

-144.74

-209.96

-286.93

ESR Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-74.11	-93.95	-116.21	-146.56	-141.32

ESR 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-287.9 Mil.

ESR Group (FRA:3K6) 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.

ESR Group's Interest Expense for the six months ended in Dec. 2023 was €-141.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was €103.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €4,676.9 Mil.

ESR Group'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	*	103.428	/	-141.321
	=	0.73

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

ESR Group (FRA:3K6) Business Description

Industry

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ESRCF:USA 01821:Hong Kong

Address

Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG

Website

https://www.esr.com

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

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