INDUS Realty Trust (INDUS Realty Trust) Interest Expense : $-4.97 Mil (TTM As of Mar. 2023)

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What is INDUS Realty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. INDUS Realty Trust's interest expense for the three months ended in Mar. 2023 was $ -1.76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-4.97 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. INDUS Realty Trust's Operating Income for the three months ended in Mar. 2023 was $ -4.15 Mil. INDUS Realty Trust's Interest Expense for the three months ended in Mar. 2023 was $ -1.76 Mil. INDUS Realty Trust did not have earnings to cover the interest expense. 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.

INDUS Realty Trust Interest Expense Historical Data

The historical data trend for INDUS 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.

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INDUS Realty Trust Interest Expense Chart

INDUS Realty Trust Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Dec21

Dec22

Interest Expense

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-6.27

-6.41

-7.28

-6.88

-4.73

INDUS Realty Trust Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Interest Expense	Get a 7-Day Free Trial															-1.52	-0.15	-1.51	-1.56	-1.76

INDUS 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.97 Mil.

INDUS Realty Trust (NAS:INDT) 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.

INDUS Realty Trust's Interest Expense for the three months ended in Mar. 2023 was $-1.76 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-4.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $170.00 Mil.

INDUS Realty Trust's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

INDUS Realty Trust did not have earnings to cover the interest expense.

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

INDUS Realty Trust (INDUS Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » INDUS Realty Trust Inc (NAS:INDT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

641 Lexington Avenue, 26th Floor, New York, NY, USA, 10022

Website

https://www.indusrt.com

INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing, and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.

Executives

Susan Cullman	10 percent owner	641 LEXINGTON AVENUE, NEW YORK NY 10022-4599
Jon W. Clark	officer: Executive Vice President	420 LEXINGTON AVE., NEW YORK NY 10170
Edgar Jr Cullman	10 percent owner	641 LEXINGTON AVE, 29TH FLOOR, NEW YORK NY 10022
Ccp Sbs Gp, Llc	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cpref Ii Aiv Ii - A, L.p.	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Cpref Ii Aiv Ii - B, L.p.	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Associates Ii, L.p.	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Cpref Ii Cayman Gp Ltd.	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Fund Sbs Ii, L.p.	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Jeffrey Aronson	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Conversant Gp Holdings Llc	10 percent owner	90 PARK AVENUE 32ND FLOOR, NEW YORK NY 10016
Conversant Capital Llc	10 percent owner	25 DEFOREST AVENUE, 3RD FLOOR, SUMMIT NJ 07901
Michael Simanovsky	10 percent owner	90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Thomas M. Lescalleet	officer: SVP, Griffin Land	C/O GRIFFIN LAND & NURSERIES, INC., 90 SALMON BROOK STREET, GRANBY CT 06035
Small Albert H Jr	director	24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134