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Renuka Hotels (COL:RCH.N0000) Interest Expense : රු Mil (TTM As of . 20)


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What is Renuka Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Renuka Hotels's interest expense for the six months ended in . 20 was රු 0.00 Mil. Renuka Hotels does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Renuka Hotels's Operating Income for the six months ended in . 20 was රු 0.00 Mil. Renuka Hotels's Interest Expense for the six months ended in . 20 was රු 0.00 Mil. Renuka Hotels did not have earnings to cover the interest expense. 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.


Renuka Hotels Interest Expense Historical Data

The historical data trend for Renuka Hotels'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.

Renuka Hotels Interest Expense Chart

Renuka Hotels Annual Data
Trend
Interest Expense

Renuka Hotels Semi-Annual Data
Interest Expense

Renuka Hotels Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Renuka Hotels  (COL:RCH.N0000) 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.

Renuka Hotels's Interest Expense for the six months ended in . 20 was රු0.00 Mil. Its Operating Income for the six months ended in . 20 was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was රු0.00 Mil.

Renuka Hotels's Interest Coverage for the quarter that ended in . 20 is calculated as

Renuka Hotels 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.


Renuka Hotels Business Description

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Address
No. 328, Galle Road, Colombo, LKA, 3
Renuka Hotels PLC operates hotels in Colombo, Sri Lanka. The hotel offers rooms, a business center, airport transfer services, 24-hour room service, doctor-on-call service, Laundry and Dry cleaning, an Infinity pool, a kids pool, breakfast buffet, tour desk, concierge service, car rental, Spa services, a smoking room, and foreign currency encashment services. The company's major source of revenue includes Tariff and extra bed, Palmyrah restaurant, Banquet income, and Palmyrah bar.

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