Hospitality Property Fund (JSE:TSP) Interest Expense: R-210.75 Mil (TTM As of Sep. 2020)


What is Hospitality Property Fund Interest Expense?

Hospitality Property Fund JSE:TSP 11 Interest Expense is R-210.75 Mil as of Sep. 2020. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hospitality Property Fund's interest expense for the six months ended in Sep. 2020 was R -102.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was R-210.75 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. Hospitality Property Fund's Operating Income for the six months ended in Sep. 2020 was R 28.99 Mil. Hospitality Property Fund's Interest Expense for the six months ended in Sep. 2020 was R -102.02 Mil. Hospitality Property Fund's Interest Coverage for the quarter that ended in Sep. 2020 was 0.28. 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.

Hospitality Property Fund  (JSE:TSP) 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.

Hospitality Property Fund's Interest Expense for the six months ended in Sep. 2020 was R-102.02 Mil. Its Operating Income for the six months ended in Sep. 2020 was R28.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2020 was R2,574.10 Mil.

Hospitality Property Fund's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2020 )/Interest Expense (Q: Sep. 2020 )
=-1*28.985/-102.017
=0.28

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Hospitality Property Fund Ltd interest coverage is 2.09, which is low.

Hospitality Property Fund Interest Expense Historical Data

* Premium members only.

The historical data trend for Hospitality Property Fund'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.

Hospitality Property Fund Interest Expense Chart

Hospitality Property Fund Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -403.40 -170.82 -191.77 -184.19 -206.51

Hospitality Property Fund Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -90.39 -93.81 -97.78 -108.73 -102.02

Hospitality Property Fund 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-210.75 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of R-210.75 Mil mean?
Hospitality Property Fund (JSE:TSP) has a Interest Expense of R-210.75 Mil as of Sep. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Hospitality Property Fund and its competitors.
Is Hospitality Property Fund's Interest Expense too high?
Hospitality Property Fund's current Interest Expense is R-210.75 Mil. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Hospitality Property Fund's Interest Expense compare to HST and PK?
Hospitality Property Fund's Interest Expense of R-210.75 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Hospitality Property Fund and its competitors. Hospitality Property Fund's current Interest Expense is R-210.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hospitality Property Fund stock overvalued right now?
Hospitality Property Fund (JSE:TSP) has a current Interest Expense of R-210.75 Mil. The current Interest Expense is R-210.75 Mil. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Hospitality Property Fund (JSE:TSP), the current Interest Expense is R-210.75 Mil as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hospitality Property Fund Business Description

Industry Real EstateREITs
Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055
Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.