NH Hotel Group (NH Hotel Group) Interest Expense : $-125 Mil (TTM As of Dec. 2023)

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What is NH Hotel Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NH Hotel Group's interest expense for the six months ended in Dec. 2023 was $ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-125 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. NH Hotel Group's Operating Income for the six months ended in Dec. 2023 was $ 214 Mil. NH Hotel Group's Interest Expense for the six months ended in Dec. 2023 was $ -60 Mil. NH Hotel Group's Interest Coverage for the quarter that ended in Dec. 2023 was 3.56. 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.

NH Hotel Group Interest Expense Historical Data

The historical data trend for NH 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.

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NH Hotel Group Interest Expense Chart

NH Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-121.73

-148.57

-138.51

-123.78

-125.59

NH Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-90.06	-61.54	-62.11	-64.94	-60.23

NH 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-125 Mil.

NH Hotel Group (OTCPK:NHHEF) 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.

NH Hotel Group's Interest Expense for the six months ended in Dec. 2023 was $-60 Mil. Its Operating Income for the six months ended in Dec. 2023 was $214 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,355 Mil.

NH Hotel Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	214.204	/	-60.231
	=	3.56

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. NH Hotel Group SA interest coverage is 2.92, which is low.

NH Hotel Group (NH Hotel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NH Hotel Group SA (OTCPK:NHHEF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NHH:Spain NH5:Germany NH5:Germany

Address

Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003

Website

https://www.nh-hoteles.es

NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.