Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Interest Expense : $-27.23 Mil (TTM As of Mar. 2024)

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What is Lightstone Value Plus REIT I Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lightstone Value Plus REIT I's interest expense for the three months ended in Mar. 2024 was $ -6.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-27.23 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. Lightstone Value Plus REIT I's Operating Income for the three months ended in Mar. 2024 was $ 0.22 Mil. Lightstone Value Plus REIT I's Interest Expense for the three months ended in Mar. 2024 was $ -6.48 Mil. Lightstone Value Plus REIT I's Interest Coverage for the quarter that ended in Mar. 2024 was 0.03. 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.

Lightstone Value Plus REIT I Interest Expense Historical Data

The historical data trend for Lightstone Value Plus REIT I'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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Lightstone Value Plus REIT I Interest Expense Chart

Lightstone Value Plus REIT I Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.67

-2.98

-2.57

-5.25

-25.99

Lightstone Value Plus REIT I 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															-5.25	-6.92	-7.01	-6.82	-6.48

Lightstone Value Plus REIT I 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 $-27.23 Mil.

Lightstone Value Plus REIT I (GREY:LHTV) 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.

Lightstone Value Plus REIT I's Interest Expense for the three months ended in Mar. 2024 was $-6.48 Mil. Its Operating Income for the three months ended in Mar. 2024 was $0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $264.63 Mil.

Lightstone Value Plus REIT I'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	*	0.221	/	-6.48
	=	0.03

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

Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lightstone Value Plus REIT I Inc (GREY:LHTV) » Definitions » Interest Expense

Comparable Companies

IHT TMPHD SOHO CDOR AHP AHT AHOTF CLDT HT FCH CHSP FCPT MGP INN XHR DRH PEB RLJ RHP LHO

Traded in Other Exchanges

N/A

Address

1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701

Website

https://www.lightstonegroup.com

Lightstone Value Plus REIT I Inc operates as a real estate investment trust company. Principally, it engages in the business of investing in and owning commercial and residential real estate properties located in the United States. Additionally, its commercial holdings consist of retail primarily multi-tenant shopping centers, lodging, industrial and residential properties comprised of multi-family complexes. The company generates revenue through the provision of rental, tenant, and other services.

Executives

Howard E Friedman	director	6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Owen Peyton H Jr	officer: President	C/O LIGHTSTONE GROUP, 326 THIRD STREET, LAKEWOOD NJ 08701
Donna Brandin	officer: CFO and Treasurer	C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
George R Whittemore	director	P.O. BOX 330, MIDLOTHIAN VA 23113
Michael M Schurer	officer: CFO, Treasurer	C/O THE LIGHTSTONE GROUP, LLC, 326 3RD STREET, LAKEWOOD NJ 08701
Stephen H Hamrick	officer: VP, Investor Relations	139 VAN BOLEN WAY, MAHWAH NJ 07430
David Lichtenstein	director, officer: CEO, President, Chairmn Bd Dr	C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Edwin J Glickman	director
Vinck Bruno De	director, officer: COO, Senior VP, Secretary	C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Shawn R Tominus	director	C/O METRO MANAGEMENT, P.O. BOX 425, OLD BRIDGE NJ 08857
Joseph E Teichman	officer: General Counsel	C/O LIGHTSTONE VALUE PLUS REIT, INC., 326 THIRD STREET, LAKEWOOD NJ 08701

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