abrdn Propertyome Trust (LSE:API) Interest Expense : £-8.17 Mil (TTM As of Dec. 2023)

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What is abrdn Propertyome Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. abrdn Propertyome Trust's interest expense for the six months ended in Dec. 2023 was £ -5.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-8.17 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. abrdn Propertyome Trust's Operating Income for the six months ended in Dec. 2023 was £ Mil. abrdn Propertyome Trust's Interest Expense for the six months ended in Dec. 2023 was £ Mil. 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.

abrdn Propertyome Trust Interest Expense Historical Data

The historical data trend for abrdn Propertyome 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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abrdn Propertyome Trust Interest Expense Chart

abrdn Propertyome Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.99

-2.20

-1.64

-3.28

-8.17

abrdn Propertyome Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															0.11	-1.78	-1.50	-2.87	-5.30

abrdn Propertyome 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-8.17 Mil.

abrdn Propertyome Trust (LSE:API) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » abrdn Property Income Trust Ltd (LSE:API) » Definitions » Interest Expense

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APIl:UK

Address

Essex, PO Box 11020, Chelmsford, GBR, CM99 2DB

Website

https://www.abrdnpit.co.uk

abrdn Property Income Trust Ltd is a closed-ended investment company. The company carries on the business of property investment through a portfolio of freehold and leasehold investment properties located in the United Kingdom. The group principally invests in office, industrial, and retail properties. The Group is engaged in a single segment of business, being property investment in one geographical area, the United Kingdom.