Derwent London (LSE:DLN) Interest Expense : £-36.8 Mil (TTM As of Dec. 2023)

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What is Derwent London Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Derwent London's interest expense for the six months ended in Dec. 2023 was £ -18.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-36.8 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. Derwent London's Operating Income for the six months ended in Dec. 2023 was £ 78.3 Mil. Derwent London's Interest Expense for the six months ended in Dec. 2023 was £ -18.2 Mil. Derwent London's Interest Coverage for the quarter that ended in Dec. 2023 was 4.30. 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.

Derwent London Interest Expense Historical Data

The historical data trend for Derwent London'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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Derwent London Interest Expense Chart

Derwent London Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-31.10

-27.50

-24.60

-36.10

-36.80

Derwent London 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															-12.20	-17.00	-19.10	-18.60	-18.20

Derwent London 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 £-36.8 Mil.

Derwent London (LSE:DLN) 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.

Derwent London's Interest Expense for the six months ended in Dec. 2023 was £-18.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was £78.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £1,267.4 Mil.

Derwent London's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	78.3	/	-18.2
	=	4.30

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

Derwent London (LSE:DLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Derwent London PLC (LSE:DLN) » Definitions » Interest Expense

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DWVYF:USA DLNl:UK DVK:Germany

Address

25 Savile Row, London, GBR, W1S 2ER

Website

https://www.derwentlondon.com

Derwent London PLC is a London-focused real estate investment trust. Derwent owns, manages, and refurbishes office real estate in Central London. Within this region, the majority of the company's assets are located in the districts of London's West End, such as Fitzrovia. Properties in London's Tech Belt and the City Borders also represent significant parts of the company's real estate portfolio. Derwent derives nearly all of its revenue from tenants in the form of rental income structured in mid-to-long-term leases. Office buildings in the central West End are responsible for the majority of revenue generated. Media and advertising companies, professional and business services firms, and retail head offices are all fairly evenly represented among the company's tenants.