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D&D Platform Reit (XKRX:377190) Interest Expense : ₩-9,178 Mil (TTM As of Dec. 2023)


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What is D&D Platform Reit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. D&D Platform Reit's interest expense for the six months ended in Dec. 2023 was ₩ -4,787 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-9,178 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. D&D Platform Reit's Operating Income for the six months ended in Dec. 2023 was ₩ 5,153 Mil. D&D Platform Reit's Interest Expense for the six months ended in Dec. 2023 was ₩ -4,787 Mil. D&D Platform Reit's Interest Coverage for the quarter that ended in Dec. 2023 was 1.08. 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.


D&D Platform Reit Interest Expense Historical Data

The historical data trend for D&D Platform 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.

D&D Platform Reit Interest Expense Chart

D&D Platform Reit Annual Data
Trend Sep20 Mar21 Mar22 Mar23
Interest Expense
-9,525.86 -10,789.55 -6,014.79 -8,704.10

D&D Platform Reit Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -3,032.31 -3,156.91 -4,399.29 -4,391.31 -4,786.57

D&D Platform 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₩-9,178 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.


D&D Platform Reit  (XKRX:377190) 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.

D&D Platform Reit's Interest Expense for the six months ended in Dec. 2023 was ₩-4,787 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₩5,153 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₩415,984 Mil.

D&D Platform Reit's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*5152.854/-4786.571
=1.08

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. D&D Platform Reit interest coverage is 1.12, which is low.


D&D Platform Reit (XKRX:377190) Business Description

Traded in Other Exchanges
N/A
Address
5th floor, 77 Garosu-gil, Gangnam-gu, Seoul, KOR, 06028
D&D Platform Reit is a real estate investment and management company. The company mainly focus on multifamily, retail and commercial investment.

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