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VICI Properties (STU:1KN) Interest Expense : €-757 Mil (TTM As of Mar. 2024)


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What is VICI Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VICI Properties's interest expense for the three months ended in Mar. 2024 was € -188 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-757 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. VICI Properties's Operating Income for the three months ended in Mar. 2024 was € 737 Mil. VICI Properties's Interest Expense for the three months ended in Mar. 2024 was € -188 Mil. VICI Properties's Interest Coverage for the quarter that ended in Mar. 2024 was 3.91. 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.

VICI Properties Interest Expense Historical Data

The historical data trend for VICI Properties'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.

* Premium members only.

VICI Properties Interest Expense Chart

VICI Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -223.55 -253.67 -347.27 -509.72 -750.16

VICI Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -190.87 -187.92 -192.02 -188.15 -188.49

VICI Properties 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 €-757 Mil.

* 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.

VICI Properties  (STU:1KN) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

VICI Properties's Interest Expense for the three months ended in Mar. 2024 was €-188 Mil. Its Operating Income for the three months ended in Mar. 2024 was €737 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €16,205 Mil.

VICI Properties'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*737.302/-188.491
=3.91

* 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.

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

VICI Properties (STU:1KN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » VICI Properties Inc (STU:1KN) » Definitions » Interest Expense
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VICI:USA VICI:Mexico 1KN:Germany
Address
535 Madison Avenue, 20th Floor, New York, NY, USA, 10022
Website
https://www.viciproperties.com
VICI Properties Inc is a real estate investment trust based in the US. It acts as an owner, acquirer, and developer of real estate assets across gaming, hospitality, entertainment and leisure destinations. The company's operating segments are real property business and golf course business. The Real property business segment consists of the leased real property whereas the Golf course business segment consists of several golf courses. Its golf courses include the Cascata golf course, the Rio Secco golf course, the Grand Bear golf course and the Chariot Run golf course.

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