GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » Interest Expense

SOSiLA Logistics REIT (TSE:2979) Interest Expense : 円-345 Mil (TTM As of Nov. 2023)


View and export this data going back to 2019. Start your Free Trial

What is SOSiLA Logistics REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SOSiLA Logistics REIT's interest expense for the six months ended in Nov. 2023 was 円 -186 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was 円-345 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. SOSiLA Logistics REIT's Operating Income for the six months ended in Nov. 2023 was 円 2,041 Mil. SOSiLA Logistics REIT's Interest Expense for the six months ended in Nov. 2023 was 円 -186 Mil. SOSiLA Logistics REIT's Interest Coverage for the quarter that ended in Nov. 2023 was 10.99. 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.


SOSiLA Logistics REIT Interest Expense Historical Data

The historical data trend for SOSiLA Logistics REIT'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.

SOSiLA Logistics REIT Interest Expense Chart

SOSiLA Logistics REIT Annual Data
Trend Nov19 Nov20 Nov21 Nov22
Interest Expense
- - -215.51 -267.38

SOSiLA Logistics REIT Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Interest Expense Get a 7-Day Free Trial -109.85 -126.90 -140.48 -158.98 -185.65

SOSiLA Logistics REIT 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-345 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.


SOSiLA Logistics REIT  (TSE:2979) 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.

SOSiLA Logistics REIT's Interest Expense for the six months ended in Nov. 2023 was 円-186 Mil. Its Operating Income for the six months ended in Nov. 2023 was 円2,041 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was 円52,700 Mil.

SOSiLA Logistics REIT's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Nov. 2023 )/Interest Expense (Q: Nov. 2023 )
=-1*2041.086/-185.647
=10.99

* 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.


SOSiLA Logistics REIT (TSE:2979) Business Description

Traded in Other Exchanges
N/A
Address
Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN
SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

SOSiLA Logistics REIT (TSE:2979) Headlines

No Headlines