Braemar Hotels & Resorts (Braemar Hotels & Resorts) Interest Expense : $-94.2 Mil (TTM As of Dec. 2023)

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What is Braemar Hotels & Resorts Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Braemar Hotels & Resorts's interest expense for the three months ended in Dec. 2023 was $ -24.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-94.2 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. Braemar Hotels & Resorts's Operating Income for the three months ended in Dec. 2023 was $ 5.8 Mil. Braemar Hotels & Resorts's Interest Expense for the three months ended in Dec. 2023 was $ -24.4 Mil. Braemar Hotels & Resorts's Interest Coverage for the quarter that ended in Dec. 2023 was 0.24. 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.

Braemar Hotels & Resorts Interest Expense Historical Data

The historical data trend for Braemar Hotels & Resorts'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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Braemar Hotels & Resorts Interest Expense Chart

Braemar Hotels & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-54.51

-45.10

-30.90

-52.17

-94.22

Braemar Hotels & Resorts 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															-18.87	-22.87	-23.60	-23.31	-24.44

Braemar Hotels & Resorts 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 $-94.2 Mil.

Braemar Hotels & Resorts (NYSE:BHR) 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.

Braemar Hotels & Resorts's Interest Expense for the three months ended in Dec. 2023 was $-24.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $5.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,222.8 Mil.

Braemar Hotels & Resorts'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	*	5.837	/	-24.44
	=	0.24

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

Braemar Hotels & Resorts (Braemar Hotels & Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Braemar Hotels & Resorts Inc (NYSE:BHR) » Definitions » Interest Expense

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BHRpD.PFD:USA BHRpB.PFD:USA 42V:Germany

Address

14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254

Website

http://www.bhrreit.com

Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury, upper-upscale and upscale hotels in gateway and resort locations. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and Renaissance, among others.

Executives

Abteen Vaziri	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Richard J Stockton	officer: Chief Executive Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Montgomery J Bennett	director, officer: Chief Executive Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mary Candace Evans	director	11407 WEST RICKS CIRCLE, DALLAS TX 75230
Rebeca M Johnson	director	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75240
Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Alex Rose	officer: Exec. VP, GC and Secretary	14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks	officer: CFO and Treasurer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Stefani D Carter	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Mark Nunneley	officer: Chief Accounting Officer	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Robert G. Haiman	officer: Exec. VP, GC and Secretary	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Jeremy Welter	officer: EVP-Asset Management	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Darrouzet Sarah Zubiate	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Daniel B. Silvers	director	1199 PARK AVENUE #17A, NEW YORK NY 10128
Lawrence A Cunningham	director	4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060