What is RLJ Lodging Trust Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RLJ Lodging Trust's interest expense for the
three
months ended in Mar. 2024 was $ -25 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-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. RLJ Lodging Trust's Operating Income for the
three
months ended in Mar. 2024 was $ 23 Mil. RLJ Lodging Trust's Interest Expense for the
three
months ended in Mar. 2024 was $ -25 Mil.
RLJ Lodging Trust's Interest Coverage for the quarter that ended in Mar. 2024 was 0.94.
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.
RLJ Lodging Trust 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 $-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.
RLJ Lodging Trust (NYSE:RLJ) 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.
RLJ Lodging Trust's Interest Expense for the
three
months ended in Mar. 2024 was $-25 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $23 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $2,342 Mil.
RLJ Lodging Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
* 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.
RLJ Lodging Trust (RLJ Lodging Trust) Business Description
Traded in Other Exchanges
Address
3 Bethesda Metro Center, Suite 1000, Bethesda, MD, USA, 20814
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
Executives
| Arthur Reginald Collins |
director |
3911 LORCOM LANE, ARLINGTON VA 22207 |
| Nathaniel A Davis |
director |
1500 ECKINGTON PLACE NE, WASHINGTON DC 20002 |
| Chad Perry |
officer: EVP and General Counsel |
C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408 |
| Patricia L Gibson |
director |
545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062 |
| Thomas Bardenett |
officer: EVP and COO |
C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277 |
| La Forgia Robert M |
director |
C/O HILTON HOTELS CORP, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210 |
| Robert Mccarthy |
director |
C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET, SUITE 800, DALLAS TX 75201 |
| Evan Bayh |
director |
3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
| Robin Mcbride Zeigler |
director |
44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050 |
| Sean M Mahoney |
officer: EVP, CFO and Treasurer |
3 BETHESDA METRO CTR #1000, BETHESDA MD 20814 |
| Robert L Johnson |
director, officer: Executive Chairman |
C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
| Leslie D. Hale |
director, officer: President and CEO |
3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
| Christopher Andrew Gormsen |
officer: Chief Accounting Officer |
C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
| Joseph J Ryan |
director |
C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20817 |
| California Public Employees Retirement System |
10 percent owner |
400 Q ST, SUITE 4800, SACRAMENTO CA 95811 |
RLJ Lodging Trust (RLJ Lodging Trust) Headlines
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