Hilton Grand Vacations (Hilton Grand Vacations) Interest Expense : $-178 Mil (TTM As of Dec. 2023)

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What is Hilton Grand Vacations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hilton Grand Vacations's interest expense for the three months ended in Dec. 2023 was $ -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-178 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. Hilton Grand Vacations's Operating Income for the three months ended in Dec. 2023 was $ 175 Mil. Hilton Grand Vacations's Interest Expense for the three months ended in Dec. 2023 was $ -45 Mil. Hilton Grand Vacations's Interest Coverage for the quarter that ended in Dec. 2023 was 3.89. 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.

Hilton Grand Vacations Interest Expense Historical Data

The historical data trend for Hilton Grand Vacations'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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Hilton Grand Vacations Interest Expense Chart

Hilton Grand Vacations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-43.00

-105.00

-142.00

-178.00

Hilton Grand Vacations Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-37.00	-44.00	-44.00	-45.00	-45.00

Hilton Grand Vacations 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 $-178 Mil.

Hilton Grand Vacations (NYSE:HGV) 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.

Hilton Grand Vacations's Interest Expense for the three months ended in Dec. 2023 was $-45 Mil. Its Operating Income for the three months ended in Dec. 2023 was $175 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $4,593 Mil.

Hilton Grand Vacations'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	*	175	/	-45
	=	3.89

The higher the ratio, the stronger the company's financial strength is.

Hilton Grand Vacations (Hilton Grand Vacations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hilton Grand Vacations Inc (NYSE:HGV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HIE:Germany

Address

6355 MetroWest Boulevard, Suite 180, Orlando, FL, USA, 32835

Website

https://www.hgv.com

Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing and operating timeshare resorts, timeshare plans and ancillary reservation services, under the Hilton Grand Vacations brand. The company operates business in the following two segments: (i) Real estate sales and financing and (ii) Resort operations and club management. The majority of the company's revenue is earned through the Resort operations and club management segment.

Executives

Carlos Hernandez	officer: See Remarks	5323 MILLENIA LAKES BOULEVARD, SUITE 120, ORLANDO FL 32839
Mark D Wang	director, officer: See Remarks	5323 MILLENIA LAKES BLVD, ORLANDO FL 32801
Gordon Gurnik	officer: See Remarks	C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Daniel Jason Mathewes	officer: See Remarks	5323 MILLENIA LAKES BLVD., SUITE 400, ORLANDO FL 32839
Corbin Charles R. Jr.	officer: EVP & General Counsel	C/O HILTON GRAND VACATIONS INC., 6355 METROWEST BOULEVARD, SUITE 180, ORLANDO FL 32835
Jorge Pablo Brizi	officer: See Remarks	5323 MILLENIA LAKES BOULEVARD, SUITE120, ORLANDO FL 32839
Apollo Principal Holdings Iii Gp Ltd	10 percent owner	C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Ap Viii Dakota Holdings, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Dakota Co-invest Gp, Llc	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Hoek Alex Van	director	APOLLO GLOBAL MANAGEMENT INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 100019
Apollo Capital Management Viii, Llc	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Advisors Viii, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Aph Holdings, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
David Sambur	director	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sherri A Silver	officer: EVP & Chief Marketing Officer	100 ERIE INSURANCE PLACE, ERIE PA 16530