Sun International (Sun International) Interest Expense : $-35.43 Mil (TTM As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Sun International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sun International's interest expense for the six months ended in Dec. 2023 was $ -18.89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-35.43 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. Sun International's Operating Income for the six months ended in Dec. 2023 was $ 74.65 Mil. Sun International's Interest Expense for the six months ended in Dec. 2023 was $ -18.89 Mil. Sun International's Interest Coverage for the quarter that ended in Dec. 2023 was 3.95. 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.

Sun International Interest Expense Historical Data

The historical data trend for Sun International'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.

Sun International Interest Expense Chart

Sun International Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-61.80

-47.51

-36.12

-29.98

-35.53

Sun International 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															-19.13	-14.99	-16.26	-16.54	-18.89

Sun International 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 $-35.43 Mil.

Sun International (OTCPK:SVUVY) 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.

Sun International's Interest Expense for the six months ended in Dec. 2023 was $-18.89 Mil. Its Operating Income for the six months ended in Dec. 2023 was $74.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $266.04 Mil.

Sun International'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	*	74.653	/	-18.891
	=	3.95

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. Sun International Ltd interest coverage is 3.81, which is low.

Sun International (Sun International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sun International Ltd (OTCPK:SVUVY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SUI:South Africa RY1B:Germany

Address

6 Sandown Valley Crescent, Sandton, PO Box 782121, Gauteng, Johannesburg, ZAF, 2196

Website

https://www.suninternational.com

Sun International Ltd is a resorts and casinos company. The business operates or has an interest in numerous resorts, luxury hotels, and casinos. Sun International has numerous business segments as it breaks out its revenue by resort. These segments include, but are not limited to, GrandWest, Sun City, Sibaya, Carnival City, Boardwalk, Wild Coast, Monticello, Meropa, Flamingo, and Golden Valley. The company has global operations with resorts primarily in Africa, and it earns the vast majority of its revenue in South Africa.

Sun International (Sun International) Headlines

No Headlines