Waterfront Philippines (PHS:WPI) Interest Expense : ₱-347 Mil (TTM As of Mar. 2024)

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What is Waterfront Philippines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Waterfront Philippines's interest expense for the three months ended in Mar. 2024 was ₱ -61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-347 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. Waterfront Philippines's Operating Income for the three months ended in Mar. 2024 was ₱ 112 Mil. Waterfront Philippines's Interest Expense for the three months ended in Mar. 2024 was ₱ -61 Mil. Waterfront Philippines's Interest Coverage for the quarter that ended in Mar. 2024 was 1.84. 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.

Waterfront Philippines Interest Expense Historical Data

The historical data trend for Waterfront Philippines'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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Waterfront Philippines Interest Expense Chart

Waterfront Philippines Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-200.95

-169.38

-102.88

-166.38

-299.82

Waterfront Philippines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-13.87	-148.38	-88.98	-48.59	-60.77

Waterfront Philippines 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-347 Mil.

Waterfront Philippines (PHS:WPI) 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.

Waterfront Philippines's Interest Expense for the three months ended in Mar. 2024 was ₱-61 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱3,353 Mil.

Waterfront Philippines's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	111.767	/	-60.768
	=	1.84

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. Waterfront Philippines Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Waterfront Philippines (PHS:WPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Waterfront Philippines Inc (PHS:WPI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Waterfront Drive, Off Salinas Drive Lahug, Cebu, CEB, PHL, 6000

Website

https://www.waterfronthotels.com.ph

Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism business. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group's operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment.

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