Wynn Resorts (BSP:W1YN34) Interest Expense : R$-3,775 Mil (TTM As of Mar. 2025)

View and export this data going back to 2019. Start your Free Trial

What is Wynn Resorts Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wynn Resorts's interest expense for the three months ended in Mar. 2025 was R$ -908 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was R$-3,775 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. Wynn Resorts's Operating Income for the three months ended in Mar. 2025 was R$ 1,577 Mil. Wynn Resorts's Interest Expense for the three months ended in Mar. 2025 was R$ -908 Mil. Wynn Resorts's Interest Coverage for the quarter that ended in Mar. 2025 was 1.74. 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.

Wynn Resorts Interest Expense Historical Data

The historical data trend for Wynn 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.

* Premium members only.

Wynn Resorts Interest Expense Chart

Wynn Resorts Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-2,862.89

-3,424.39

-3,414.15

-3,682.24

-4,199.99

Wynn Resorts Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-908.34	-940.39	-929.92	-997.44	-907.52

Wynn 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-3,775 Mil.

Wynn Resorts (BSP:W1YN34) 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.

Wynn Resorts's Interest Expense for the three months ended in Mar. 2025 was R$-908 Mil. Its Operating Income for the three months ended in Mar. 2025 was R$1,577 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was R$64,171 Mil.

Wynn Resorts's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	1577.005	/	-907.523
	=	1.74

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wynn Resorts Ltd interest coverage is 1.91, which is low.

Wynn Resorts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Resorts Ltd (BSP:W1YN34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WYNN:USA WYNN:Mexico 0QYK:UK WYR:Germany

Address

3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.wynnresorts.com

Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively. In 2024, both the US and Macao were each 50% of total EBITDA.

Wynn Resorts Headlines

No Headlines