Discontinued — last reported Q4 '23
Interest — Interest
Sun Communities Interest — Interest remained flat by 0.0% to $8.80M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 188.5%, from $3.05M to $8.80M. Over 2 years (FY 2021 to FY 2023), Interest — Interest shows an upward trend with a 86.7% CAGR.
Analysis
How to read this metric
A rising net interest expense typically signals increased debt burden or higher interest rate environments, whereas a positive net interest income indicates effective cash management or significant interest-bearing assets.
Detailed definition
This metric captures the aggregate interest-related financial flows, including interest income earned on cash equivalent...
Peer comparison
Standard across the REIT sector as a component of net interest expense, comparable to corporate-level interest disclosures in 10-K filings.
sui_segment_interest_interestHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $10.10M | $12.20M | $35.20M |
| YoY Change | — | +20.8% | +188.5% |
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Frequently Asked Questions
- What is Sun Communities's interest — interest?
- Sun Communities (SUI) reported interest — interest of $8.80M in Q1 2023.
- How has Sun Communities's interest — interest changed year-over-year?
- Sun Communities's interest — interest increased by 188.5% year-over-year, from $3.05M to $8.80M.
- What is the long-term trend for Sun Communities's interest — interest?
- Over 2 years (2021 to 2023), Sun Communities's interest — interest has grown at a 86.7% compound annual growth rate (CAGR), from $10.10M to $35.20M.
- What does interest — interest mean?
- The total interest income and expense recognized by the company across all business operations.