Japan Real Estate Investment (Japan Real Estate Investment) Interest Expense : $-12.5 Mil (TTM As of Sep. 2023)

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What is Japan Real Estate Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Real Estate Investment's interest expense for the six months ended in Sep. 2023 was $ -6.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-12.5 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. Japan Real Estate Investment's Operating Income for the six months ended in Sep. 2023 was $ 122.1 Mil. Japan Real Estate Investment's Interest Expense for the six months ended in Sep. 2023 was $ -6.1 Mil. Japan Real Estate Investment's Interest Coverage for the quarter that ended in Sep. 2023 was 20.16. 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.

Japan Real Estate Investment Interest Expense Historical Data

The historical data trend for Japan Real Estate Investment'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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Japan Real Estate Investment Interest Expense Chart

Japan Real Estate Investment Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-19.90

-18.35

-16.50

-11.90

-11.62

Japan Real Estate Investment Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-7.34	-5.82	-6.16	-6.05	-6.48

Japan Real Estate Investment 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-12.5 Mil.

Japan Real Estate Investment (OTCPK:JREIF) 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.

Japan Real Estate Investment's Interest Expense for the six months ended in Sep. 2023 was $-6.1 Mil. Its Operating Income for the six months ended in Sep. 2023 was $122.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $2,400.4 Mil.

Japan Real Estate Investment's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	122.078	/	-6.054
	=	20.16

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

Japan Real Estate Investment (Japan Real Estate Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Real Estate Investment Corp (OTCPK:JREIF) » Definitions » Interest Expense

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8952:Japan

Address

3-3-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.j-re.co.jp

Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.