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Japan Logistics Fund (TSE:8967) Interest Expense : 円-749 Mil (TTM As of Jul. 2023)


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What is Japan Logistics Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Logistics Fund's interest expense for the six months ended in Jul. 2023 was 円 -371 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was 円-749 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. Japan Logistics Fund's Operating Income for the six months ended in Jul. 2023 was 円 5,239 Mil. Japan Logistics Fund's Interest Expense for the six months ended in Jul. 2023 was 円 -371 Mil. Japan Logistics Fund's Interest Coverage for the quarter that ended in Jul. 2023 was 14.12. 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.


Japan Logistics Fund Interest Expense Historical Data

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund Interest Expense Chart

Japan Logistics Fund Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -747.09 -735.07 -711.19 -734.44 -751.16

Japan Logistics Fund Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -366.96 -367.48 -380.14 -371.02 -377.67

Japan Logistics Fund 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-749 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.


Japan Logistics Fund  (TSE:8967) 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.

Japan Logistics Fund's Interest Expense for the six months ended in Jul. 2023 was 円-371 Mil. Its Operating Income for the six months ended in Jul. 2023 was 円5,239 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was 円104,200 Mil.

Japan Logistics Fund's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2023 )/Interest Expense (Q: Jul. 2023 )
=-1*5238.89/-371.016
=14.12

* 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.


Japan Logistics Fund (TSE:8967) Business Description

Traded in Other Exchanges
N/A
Address
4-3 Hitotsubashi 2-chome, Chiyoda-ku, Tokyo, JPN, 101-0003
Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

Japan Logistics Fund (TSE:8967) Headlines

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