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Homeinns Hotel Group (Homeinns Hotel Group) Interest Expense : $-3.5 Mil (TTM As of Sep. 2015)


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What is Homeinns Hotel Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Homeinns Hotel Group's interest expense for the three months ended in Sep. 2015 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-3.5 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. Homeinns Hotel Group's Operating Income for the three months ended in Sep. 2015 was $ 33.6 Mil. Homeinns Hotel Group's Interest Expense for the three months ended in Sep. 2015 was $ -0.8 Mil. Homeinns Hotel Group's Interest Coverage for the quarter that ended in Sep. 2015 was 40.30. 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.


Homeinns Hotel Group Interest Expense Historical Data

The historical data trend for Homeinns Hotel 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.

* Premium members only.

Homeinns Hotel Group Interest Expense Chart

Homeinns Hotel Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.38 -19.16 -8.92 -6.75 -3.45

Homeinns Hotel Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -0.92 -0.91 -0.88 -0.83 -0.91

Homeinns Hotel 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.5 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.


Homeinns Hotel Group  (NAS:HMIN) 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.

Homeinns Hotel Group's Interest Expense for the three months ended in Sep. 2015 was $-0.8 Mil. Its Operating Income for the three months ended in Sep. 2015 was $33.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $47.7 Mil.

Homeinns Hotel Group's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2015 )/Interest Expense (Q: Sep. 2015 )
=-1*33.568/-0.833
=40.30

* 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.


Homeinns Hotel Group (Homeinns Hotel Group) Business Description

Traded in Other Exchanges
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Address
Homeinns Hotel Group was incorporated in the Cayman Islands on May 2006. The Company develops and operates economy hotels across China under its "Home Inn", "Yitel" and its recently acquired "Motel 168" brands. As of December 31, 2013, the Company had 2,180 hotels in operation, including 872 leased-and-operated hotels and 1,308 franchised-and-managed hotels, with approximately 256,555 rooms located in 287 cities across China, and an additional 161 hotels under development. It competes with other economy hotel chains, such as Jinjiang Star, 7 Days Inn, Han Ting, Green Tree Inn and Super 8, as well as various regional and local economy hotel chains.

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