Four Corners Property Trust (FRA:4Z1) Interest Expense : €-43.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Four Corners Property Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Four Corners Property Trust's interest expense for the three months ended in Mar. 2024 was € -11.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-43.4 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. Four Corners Property Trust's Operating Income for the three months ended in Mar. 2024 was € 33.3 Mil. Four Corners Property Trust's Interest Expense for the three months ended in Mar. 2024 was € -11.3 Mil. Four Corners Property Trust's Interest Coverage for the quarter that ended in Mar. 2024 was 2.94. 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.

Four Corners Property Trust Interest Expense Historical Data

The historical data trend for Four Corners Property 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.

Four Corners Property Trust Interest Expense Chart

Four Corners Property Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-23.86

-24.03

-28.81

-34.37

-40.90

Four Corners Property 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															-9.26	-9.28	-11.50	-11.34	-11.30

Four Corners Property 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 €-43.4 Mil.

Four Corners Property Trust (FRA:4Z1) 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.

Four Corners Property Trust's Interest Expense for the three months ended in Mar. 2024 was €-11.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was €33.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,045.7 Mil.

Four Corners Property 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	*	33.251	/	-11.299
	=	2.94

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

Four Corners Property Trust (FRA:4Z1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Four Corners Property Trust Inc (FRA:4Z1) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FCPT:USA

Address

591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941

Website

https://www.fcpt.com

Four Corners Property Trust Inc is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues primarily generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates most of the revenue from the real estate operations segment.

Four Corners Property Trust (FRA:4Z1) Headlines

No Headlines