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Japan Hotel REIT Investment (TSE:8985) Interest Expense : 円-566 Mil (TTM As of Dec. 2023)


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What is Japan Hotel REIT Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Hotel REIT Investment's interest expense for the six months ended in Dec. 2023 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-566 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 Hotel REIT Investment's Operating Income for the six months ended in Dec. 2023 was 円 9,254 Mil. Japan Hotel REIT Investment's Interest Expense for the six months ended in Dec. 2023 was 円 0 Mil. Japan Hotel REIT Investment has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Japan Hotel REIT Investment Interest Expense Historical Data

The historical data trend for Japan Hotel 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.

* Premium members only.

Japan Hotel REIT Investment Interest Expense Chart

Japan Hotel REIT Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,225.31 -1,280.30 -1,223.42 -1,156.81 -

Japan Hotel REIT Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -611.30 -577.34 -579.47 -565.99 -

Japan Hotel 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-566 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 Hotel REIT Investment  (TSE:8985) 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 Hotel REIT Investment's Interest Expense for the six months ended in Dec. 2023 was 円0 Mil. Its Operating Income for the six months ended in Dec. 2023 was 円9,254 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was 円0 Mil.

Japan Hotel REIT Investment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Japan Hotel REIT Investment had no long-term debt (1).

* 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 Hotel REIT Investment (TSE:8985) Business Description

Traded in Other Exchanges
Address
2-6-2, Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013
Japan Hotel REIT Investment Corp is a real estate investment trust. It aims to achieve stable earnings and sustainable growth in the asset from mid- to long-term perspectives. The company invests in business hotels, resort hotels and city hotels mainly located in the major metropolitan areas and other cities of Japan.

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