Ichigo Office REIT Investment (TSE:8975) Interest Expense : 円-969 Mil (TTM As of Oct. 2023)

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What is Ichigo Office REIT Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ichigo Office REIT Investment's interest expense for the six months ended in Oct. 2023 was 円 -496 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was 円-969 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. Ichigo Office REIT Investment's Operating Income for the six months ended in Oct. 2023 was 円 3,915 Mil. Ichigo Office REIT Investment's Interest Expense for the six months ended in Oct. 2023 was 円 -496 Mil. Ichigo Office REIT Investment's Interest Coverage for the quarter that ended in Oct. 2023 was 7.90. 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.

Ichigo Office REIT Investment Interest Expense Historical Data

The historical data trend for Ichigo Office REIT Investment'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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Ichigo Office REIT Investment Interest Expense Chart

Ichigo Office REIT Investment Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Interest Expense

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-1,079.62

-1,045.20

-965.15

-893.73

-968.58

Ichigo Office REIT Investment Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-471.00	-436.54	-457.18	-472.90	-495.69

Ichigo Office REIT Investment 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-969 Mil.

Ichigo Office REIT Investment (TSE:8975) Interest Expense Explanation

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

Ichigo Office REIT Investment's Interest Expense for the six months ended in Oct. 2023 was 円-496 Mil. Its Operating Income for the six months ended in Oct. 2023 was 円3,915 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was 円107,815 Mil.

Ichigo Office REIT Investment's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	3914.741	/	-495.686
	=	7.90

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

Ichigo Office REIT Investment (TSE:8975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Office REIT Investment Corp (TSE:8975) » Definitions » Interest Expense

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Address

1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.ichigo-office.co.jp

Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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