What is The Intergroup Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Intergroup's interest expense for the
three
months ended in Dec. 2023 was $ -2.59 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.92 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. The Intergroup's Operating Income for the
three
months ended in Dec. 2023 was $ -1.35 Mil. The Intergroup's Interest Expense for the
three
months ended in Dec. 2023 was $ -2.59 Mil.
The Intergroup did not have earnings to cover the interest expense.
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.
The Intergroup 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 quarterly data reported by the company within the most recent 12 months, which was $-10.92 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.
The Intergroup (NAS:INTG) 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.
The Intergroup's Interest Expense for the
three
months ended in Dec. 2023 was $-2.59 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-1.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $197.86 Mil.
The Intergroup's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| The Intergroup did not have earnings to cover the interest expense. |
* 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. The Intergroup Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The Intergroup (The Intergroup) Business Description
Traded in Other Exchanges
N/A
Address
1516 S. Bundy Drive, Suite 200, Los Angeles, CA, USA, 90025
The Intergroup Corp is an us-based company operating in the real estate sector. It is formed to buy, develop, operate, rehabilitate and dispose of real property of various types and descriptions, and to engage in other related business and investment activities. The company operates through three segments namely Hotel Operations, Real Estate Operations, and Investment Transactions. The Hotel Operations segment which generates the majority of the revenue covers the operation of the Hilton hotel and garage. The Real Estate Operations segment consists of the operation of multifamily rental properties whereas the Investment Transactions segment includes an investment of cash in marketable securities and other investments.
Executives
| John C Love |
director |
11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025 |
| Babin C Jerold |
director |
11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES, LOS ANGELES CA 90025 |
| William John Nance |
director |
11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025 |
| Danfeng Xu |
officer: Treasurer and Controller |
1100 GLENDON AVENUE, SUITE PH-1, LOS ANGELES CA 90024 |
| Yvonne L Murphy |
director |
10940 WILSHIRE BLVD., SUITE 2150, LOS ANGELES X1 90024 |
| David T Nguyen |
officer: TREASURER |
10940 WILSHIRE BLVD, SUITE 2150, LOS ANGELES CA 90024 |
| Michael G Zybala |
10 percent owner |
PO BOX 270828, SAN DIEGO CA 92198-2828 |
| John V Winfield |
director, 10 percent owner, officer: President & CEO |
11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025 |
| Michael Gary Zybala |
officer: Asst. Secretary & Gen. Counsel |
16912 ABUNDANTE ST, SAN DIEGO CA 92127 |
| David C Gonzalez |
officer: Vice President Real Estate |
|
| Gary N Jacobs |
director, officer: Secretary |
MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109 |
| Josef A Grunwald |
director |
820 MORAGA DRIVE, LOS ANGELES CA 90049 |
| Mildred Bond Roxborough |
director |
39 BROADWAY, SUITE 2200, NEW YORK NY 10006 |
The Intergroup (The Intergroup) Headlines
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