LUXH (LuxUrban Hotels) Interest Expense: $-6.54 Mil (TTM As of Sep. 2024)


What is LuxUrban Hotels Interest Expense?

LuxUrban Hotels LUXH -74.90% Interest Expense is $-6.54 Mil as of Sep. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LuxUrban Hotels's interest expense for the three months ended in Sep. 2024 was $ -0.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-6.54 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. LuxUrban Hotels's Operating Income for the three months ended in Sep. 2024 was $ -28.65 Mil. LuxUrban Hotels's Interest Expense for the three months ended in Sep. 2024 was $ -0.99 Mil. LuxUrban 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.

LuxUrban Hotels  (OTCPK:LUXH) 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.

LuxUrban Hotels's Interest Expense for the three months ended in Sep. 2024 was $-0.99 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-28.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $198.98 Mil.

LuxUrban Hotels's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

LuxUrban Hotels did not have earnings to cover the interest expense.

* 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.

LuxUrban Hotels Interest Expense Historical Data

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The historical data trend for LuxUrban 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.

LuxUrban Hotels Interest Expense Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.37 -0.58 -1.63 -5.48 -7.98

LuxUrban Hotels Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.19 -2.48 -2.46 -0.62 -0.99

LuxUrban Hotels 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 $-6.54 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 $-6.54 Mil mean?
LuxUrban Hotels (LUXH) has a Interest Expense of $-6.54 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on LuxUrban Hotels and its competitors.
Is LuxUrban Hotels' Interest Expense too high?
LuxUrban Hotels' current Interest Expense is $-6.54 Mil.
How does LuxUrban Hotels' Interest Expense compare to MAR and HLT?
LuxUrban Hotels' Interest Expense of $-6.54 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure 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 LuxUrban Hotels and its competitors. LuxUrban Hotels's current Interest Expense is $-6.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LuxUrban Hotels stock overvalued right now?
LuxUrban Hotels (LUXH) has a current Interest Expense of $-6.54 Mil. The current Interest Expense is $-6.54 Mil. 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 LuxUrban Hotels (LUXH), the current Interest Expense is $-6.54 Mil as of Sep. 2024. 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.

LuxUrban Hotels Business Description

Address 2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.