Gulf Hotels Group BSC (BAH:GHG) Interest Expense : BHD-0.13 Mil (TTM As of Mar. 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 Mar. 2024 was BHD 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was BHD-0.13 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 Mar. 2024 was BHD 0.97 Mil. Gulf Hotels Group BSC's Interest Expense for the three months ended in Mar. 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

Dec14

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Dec23

Interest Expense

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-0.90

-0.73

-0.39

-0.08

Gulf Hotels Group BSC 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															-	-	-0.04	-0.09	-

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD-0.13 Mil.

Gulf Hotels Group BSC (BAH:GHG) 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.

Gulf Hotels Group BSC's Interest Expense for the three months ended in Mar. 2024 was BHD0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was BHD0.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was BHD0.00 Mil.

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

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

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

Gulf Hotels Group BSC (BAH:GHG) Business Description

Industry

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Address

P.O. Box 580, Manama, BHR

Website

http://www.gulfhotelsgroup.com

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 operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.