Trip.com Group (Trip.com Group) Interest Expense : $-290 Mil (TTM As of Sep. 2023)

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What is Trip.com Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trip.com Group's interest expense for the three months ended in Sep. 2023 was $ -72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-290 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. Trip.com Group's Operating Income for the three months ended in Sep. 2023 was $ 536 Mil. Trip.com Group's Interest Expense for the three months ended in Sep. 2023 was $ -72 Mil. Trip.com Group's Interest Coverage for the quarter that ended in Sep. 2023 was 7.39. 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.

Trip.com Group Interest Expense Historical Data

The historical data trend for Trip.com Group'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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Trip.com Group Interest Expense Chart

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-239.10

-262.41

-245.71

-217.16

-289.49

Trip.com Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-61.25	-70.53	-77.50	-72.49	-69.61

Trip.com Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-290 Mil.

Trip.com Group (NAS:TCOM) 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.

Trip.com Group's Interest Expense for the three months ended in Sep. 2023 was $-72 Mil. Its Operating Income for the three months ended in Sep. 2023 was $536 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $2,760 Mil.

Trip.com Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	535.634	/	-72.487
	=	7.39

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

Trip.com Group (Trip.com Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (NAS:TCOM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TRPCF:USA 09961:Hong Kong 0I50:UK CLVB:Germany CLVB:Germany CLV:Germany CLV:Germany CRIP34:Brazil

Address

968 Jin Zhong Road, Shanghai, CHN, 200335

Website

https://www.ctrip.com

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.