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Hulic Reit (TSE:3295) Interest Expense : 円-1,153 Mil (TTM As of Aug. 2023)


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What is Hulic Reit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hulic Reit's interest expense for the six months ended in Aug. 2023 was 円 -564 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was 円-1,153 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. Hulic Reit's Operating Income for the six months ended in Aug. 2023 was 円 5,883 Mil. Hulic Reit's Interest Expense for the six months ended in Aug. 2023 was 円 -564 Mil. Hulic Reit's Interest Coverage for the quarter that ended in Aug. 2023 was 10.43. 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.


Hulic Reit Interest Expense Historical Data

The historical data trend for Hulic 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.

Hulic Reit Interest Expense Chart

Hulic Reit Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -916.42 -1,002.55 -1,038.79 -1,052.93 -1,096.51

Hulic Reit Semi-Annual Data
Apr14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -516.29 -536.63 -532.68 -563.84 -589.31

Hulic 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-1,153 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.


Hulic Reit  (TSE:3295) 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.

Hulic Reit's Interest Expense for the six months ended in Aug. 2023 was 円-564 Mil. Its Operating Income for the six months ended in Aug. 2023 was 円5,883 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was 円159,039 Mil.

Hulic Reit's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2023 )/Interest Expense (Q: Aug. 2023 )
=-1*5882.674/-563.837
=10.43

* 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.


Hulic Reit (TSE:3295) Business Description

Traded in Other Exchanges
N/A
Address
2-6-9 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032
Hulic Reit, Inc. is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.

Hulic Reit (TSE:3295) Headlines

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