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Gulf Hotels Group BSC (BAH:GHG) Interest Expense : BHD0.00 Mil (TTM As of Dec. 2024)


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What is Gulf Hotels Group BSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gulf Hotels Group BSC's interest expense for the three months ended in Dec. 2024 was BHD 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was BHD0.00 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. Gulf Hotels Group BSC's Operating Income for the three months ended in Dec. 2024 was BHD 1.61 Mil. Gulf Hotels Group BSC's Interest Expense for the three months ended in Dec. 2024 was BHD 0.00 Mil. Gulf Hotels Group BSC has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Gulf Hotels Group BSC Interest Expense Historical Data

The historical data trend for Gulf Hotels Group BSC'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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Gulf Hotels Group BSC Interest Expense Chart

Gulf Hotels Group BSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.73 -0.39 -0.08 - -

Gulf Hotels Group BSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Gulf Hotels Group BSC 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD0.00 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.


Gulf Hotels Group BSC  (BAH:GHG) 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.

Gulf Hotels Group BSC's Interest Expense for the three months ended in Dec. 2024 was BHD0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was BHD1.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was BHD0.00 Mil.

Gulf Hotels Group BSC's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Gulf Hotels Group BSC had no long-term debt (1).

* 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.

Good Sign:

Gulf Hotels Group BSC has no debt.


Gulf Hotels Group BSC Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel room operations including Hotel rooms and rental and executive apartments and offices, Food and beverages segment including retail sale of food and beverages and convention operations, and Investments and other activities segment. Majority of the revenue is generated from its Food and beverages segment. Geographically, majority of the revenue for the company is generated from Kingdom of Bahrain and rest from United Arab Emirates and Sri Lanka.