Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Interest Expense : ₹-264 Mil (TTM As of Dec. 2024)

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What is Apeejay Surrendra Park Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Apeejay Surrendra Park Hotels's interest expense for the three months ended in Dec. 2024 was ₹ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-264 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. Apeejay Surrendra Park Hotels's Operating Income for the three months ended in Dec. 2024 was ₹ 488 Mil. Apeejay Surrendra Park Hotels's Interest Expense for the three months ended in Dec. 2024 was ₹ -44 Mil. Apeejay Surrendra Park Hotels's Interest Coverage for the quarter that ended in Dec. 2024 was 11.21. 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.

Apeejay Surrendra Park Hotels Interest Expense Historical Data

The historical data trend for Apeejay Surrendra Park 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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Apeejay Surrendra Park Hotels Interest Expense Chart

Apeejay Surrendra Park Hotels Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-565.60

-598.70

-621.20

-657.90

Apeejay Surrendra Park Hotels Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial					-176.90	-150.30	-34.20	-36.30	-43.50

Apeejay Surrendra Park 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-264 Mil.

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) 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.

Apeejay Surrendra Park Hotels's Interest Expense for the three months ended in Dec. 2024 was ₹-44 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹488 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Apeejay Surrendra Park Hotels's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	487.8	/	-43.5
	=	11.21

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

Apeejay Surrendra Park Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apeejay Surrendra Park Hotels Ltd (NSE:PARKHOTELS) » Definitions » Interest Expense

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Traded in Other Exchanges

544111:India

Address

17 Park Street, Kolkata, WB, IND, 700016

Website

https://www.theparkhotels.com

Apeejay Surrendra Park Hotels Ltd is engaged in the hotel business. The company operates hotels under four brands, namely "THE PARK", "THE PARK Collection", "Zone by The Park", and "Zone Connect by The Park" and has recently launched an economy motel brand, "Stop by Zone". The company generates the majority of its revenue from the sale of hospitality services. The company also has its presence in the retail food and beverage industry through its retail brand 'Flurys'.

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