American Assets Trust (AAT) Non Operating Interest Expenses (2010 - 2023)
American Assets Trust's (AAT) quarterly Non Operating Interest Expenses came in at $16.3 million in Q3 2023, up 12.94% on a YoY basis from $14.5 million in Q3 2022, and little changed quarter-over-quarter from $16.4 million in Q2 2023.
Analysis
American Assets Trust (AAT) Non Operating Interest Expenses (2010 - 2023) Analysis & Trends
American Assets Trust (AAT) has reported Non Operating Interest Expenses for 14 consecutive years, with $16.3 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Non Operating Interest Expenses rose 12.94% year-over-year to $16.3 million; the trailing twelve-month figure through Sep 2023 stood at $62.9 million (up 7.18% YoY), and the FY2021 full-year result was $58.6 million, up 9.63% from the prior year.
- Non Operating Interest Expenses held at $16.3 million in Q3 2023 per AAT's latest filing, from $16.4 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $16.4 million in Q2 2023 and bottomed at $13.1 million in Q2 2019.
- Historically, Non Operating Interest Expenses has averaged $14.3 million across 5 years, with a median of $14.2 million in 2021.
- The sharpest annual moves came in 2019 and 2023: Non Operating Interest Expenses dropped 3.41% in 2019, then grew 12.94% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $13.8 million in 2019, then retreated by 3.34% to $13.3 million in 2020, then rose by 12.47% to $15.0 million in 2021, then slipped by 3.63% to $14.5 million in 2022, then rose by 12.94% to $16.3 million in 2023.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $16.3 million, $16.4 million, and $15.7 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield Property Partners | 15.48 Bn | 13.99 Bn | - | 879.00 Mn |
| 2 | Alexandria Real Estate Equities | 8.61 Bn | 7.50 Bn | - | 64.34 Mn |
| 3 | Cousins Properties | 4.59 Bn | 4.59 Bn | 183.86 Mn | 47.06 Mn |
| 4 | Kilroy Realty | 4.11 Bn | 4.11 Bn | 212.24 Mn | 41.63 Mn |
| 5 | Copt Defense Properties | 3.97 Bn | 3.97 Bn | 191.37 Mn | 24.44 Mn |
| 6 | Sl Green Realty | 3.71 Bn | 3.71 Bn | 263.98 Mn | - |
| 7 | Highwoods Properties | 3.33 Bn | 2.99 Bn | - | 41.69 Mn |
| 8 | Douglas Emmett | 1.81 Bn | 1.45 Bn | 178.95 Mn | 68.26 Mn |
| 9 | Alexanders | 1.32 Bn | 1.01 Bn | - | 10.80 Mn |
| 10 | American Assets Trust | 1.31 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 16.33 Mn |
| Jun 30, 2023 | 16.37 Mn |
| Mar 31, 2023 | 15.73 Mn |
| Sep 30, 2022 | 14.45 Mn |
| Jun 30, 2022 | 14.55 Mn |
| Mar 31, 2022 | 14.67 Mn |
| Dec 31, 2021 | 15.00 Mn |
| Sep 30, 2021 | 14.72 Mn |
| Jun 30, 2021 | 14.86 Mn |
| Mar 31, 2021 | 14.01 Mn |
| Dec 31, 2020 | 13.34 Mn |
| Sep 30, 2020 | 13.30 Mn |
| Jun 30, 2020 | 13.33 Mn |
| Mar 31, 2020 | 13.47 Mn |
| Dec 31, 2019 | 13.80 Mn |
| Sep 30, 2019 | 13.73 Mn |
| Jun 30, 2019 | 13.13 Mn |
| Mar 31, 2019 | 13.35 Mn |
| Dec 31, 2018 | 12.86 Mn |
| Sep 30, 2018 | 12.88 Mn |