Ares Commercial Real Estate (STU:41I) Interest Expense : €-109.63 Mil (TTM As of Mar. 2024)

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What is Ares Commercial Real Estate Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ares Commercial Real Estate's interest expense for the three months ended in Mar. 2024 was € -26.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-109.63 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. Ares Commercial Real Estate's Operating Income for the three months ended in Mar. 2024 was € Mil. Ares Commercial Real Estate's Interest Expense for the three months ended in Mar. 2024 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.

Ares Commercial Real Estate Interest Expense Historical Data

The historical data trend for Ares Commercial Real Estate'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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Ares Commercial Real Estate Interest Expense Chart

Ares Commercial Real Estate Annual Data

Trend

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Interest Expense

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-56.33

-42.70

-44.32

-70.07

-107.47

Ares Commercial Real Estate 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															-21.48	-26.92	-28.33	-27.87	-26.51

Ares Commercial Real Estate 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 €-109.63 Mil.

Ares Commercial Real Estate (STU:41I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ares Commercial Real Estate Corp (STU:41I) » Definitions » Interest Expense

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Traded in Other Exchanges

ACRE:USA

Address

245 Park Avenue, 42nd Floor, New York, NY, USA, 10167

Website

https://www.arescre.com

Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segment namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.

Ares Commercial Real Estate (STU:41I) Headlines

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