First Hotels AB (publ) (FRA:D5LA) Interest Expense : €-2.20 Mil (TTM As of Sep. 2024)

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What is First Hotels AB (publ) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Hotels AB (publ)'s interest expense for the three months ended in Sep. 2024 was € -0.62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-2.20 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. First Hotels AB (publ)'s Operating Income for the three months ended in Sep. 2024 was € 0.05 Mil. First Hotels AB (publ)'s Interest Expense for the three months ended in Sep. 2024 was € -0.62 Mil. First Hotels AB (publ)'s Interest Coverage for the quarter that ended in Sep. 2024 was 0.08. 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.

First Hotels AB (publ) Interest Expense Historical Data

The historical data trend for First Hotels AB (publ)'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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First Hotels AB (publ) Interest Expense Chart

First Hotels AB (publ) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.45

-0.28

-0.06

-0.18

-1.11

First Hotels AB (publ) Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.45	-0.51	-0.55	-0.53	-0.62

First Hotels AB (publ) 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.20 Mil.

First Hotels AB (publ) (FRA:D5LA) 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.

First Hotels AB (publ)'s Interest Expense for the three months ended in Sep. 2024 was €-0.62 Mil. Its Operating Income for the three months ended in Sep. 2024 was €0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €21.01 Mil.

First Hotels AB (publ)'s Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	0.047	/	-0.618
	=	0.08

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

First Hotels AB (publ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » First Hotels AB (publ) (FRA:D5LA) » Definitions » Interest Expense

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Traded in Other Exchanges

HOTEL:Sweden

Address

Humlegaardsgatan 22, Stockholm, SWE, 114 46

Website

https://www.firsthotelsab.com

First Hotels AB (publ) is a Scandinavian hotel chain. It operates across three business areas: Franchise, Operations and Property.

First Hotels AB (publ) Headlines

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