Millenniumpthorne Hotels (Millenniumpthorne Hotels) Interest Expense : $-40 Mil (TTM As of Jun. 2019)

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What is Millenniumpthorne Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Millenniumpthorne Hotels's interest expense for the three months ended in Jun. 2019 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-40 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. Millenniumpthorne Hotels's Operating Income for the three months ended in Jun. 2019 was $ 48 Mil. Millenniumpthorne Hotels's Interest Expense for the three months ended in Jun. 2019 was $ -10 Mil. Millenniumpthorne Hotels's Interest Coverage for the quarter that ended in Jun. 2019 was 4.75. 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.

Millenniumpthorne Hotels Interest Expense Historical Data

The historical data trend for Millenniumpthorne 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.

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Millenniumpthorne Hotels Interest Expense Chart

Millenniumpthorne Hotels Annual Data

Trend

Dec09

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Dec18

Interest Expense

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-34.43

-29.94

-28.71

-34.85

-35.44

Millenniumpthorne Hotels Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Interest Expense	Get a 7-Day Free Trial															-13.30	-11.77	-2.53	-15.81	-10.14

Millenniumpthorne 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-40 Mil.

Millenniumpthorne Hotels (OTCPK:MLCTF) 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.

Millenniumpthorne Hotels's Interest Expense for the three months ended in Jun. 2019 was $-10 Mil. Its Operating Income for the three months ended in Jun. 2019 was $48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was $1,104 Mil.

Millenniumpthorne Hotels's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2019 )	/	Interest Expense (Q: Jun. 2019 )
	=	-1	*	48.162	/	-10.139
	=	4.75

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

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Millennium & Copthorne Hotels PLC (OTCPK:MLCTF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scarsdale Place, Kensington, London, GBR, W8 5SR

Website

http://www.millenniumhotels.com

Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

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