Land and Houses PCL (Land and Houses PCL) Interest Expense : $-47.49 Mil (TTM As of Mar. 2024)

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What is Land and Houses PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Land and Houses PCL's interest expense for the three months ended in Mar. 2024 was $ -11.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-47.49 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. Land and Houses PCL's Operating Income for the three months ended in Mar. 2024 was $ 23.98 Mil. Land and Houses PCL's Interest Expense for the three months ended in Mar. 2024 was $ -11.99 Mil. Land and Houses PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.00. 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.

Land and Houses PCL Interest Expense Historical Data

The historical data trend for Land and Houses PCL'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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Land and Houses PCL Interest Expense Chart

Land and Houses PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-27.67

-29.31

-32.91

-30.07

-43.99

Land and Houses PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-8.36	-11.22	-10.91	-13.36	-11.99

Land and Houses PCL 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-47.49 Mil.

Land and Houses PCL (OTCPK:LHSPY) 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.

Land and Houses PCL's Interest Expense for the three months ended in Mar. 2024 was $-11.99 Mil. Its Operating Income for the three months ended in Mar. 2024 was $23.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,272.02 Mil.

Land and Houses PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	23.978	/	-11.994
	=	2.00

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. Land and Houses PCL interest coverage is 2.28, which is low.

Land and Houses PCL (Land and Houses PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land and Houses PCL (OTCPK:LHSPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LH-F:Thailand LH:Thailand LHOG:Germany

Address

No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120

Website

https://www.lh.co.th

Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. The company develops property in Bangkok and major provinces such as Chiang Mai, Chiang Rai, Khon Kaen, Nakhon Ratchasima, Udon Thani, Hua Hin, Phuket, Maha Sarakham, and Ayutthaya. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.

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