Anchor Land Holdings (PHS:ALHI) Interest Expense : ₱-486 Mil (TTM As of Mar. 2024)

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What is Anchor Land Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anchor Land Holdings's interest expense for the three months ended in Mar. 2024 was ₱ -325 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-486 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. Anchor Land Holdings's Operating Income for the three months ended in Mar. 2024 was ₱ 373 Mil. Anchor Land Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱ -325 Mil. Anchor Land Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 1.15. 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.

Anchor Land Holdings Interest Expense Historical Data

The historical data trend for Anchor Land Holdings'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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Anchor Land Holdings Interest Expense Chart

Anchor Land Holdings Annual Data

Trend

Dec13

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Dec22

Interest Expense

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-36.37

-50.67

-53.22

-48.79

-116.66

Anchor Land Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-33.81	-63.08	-61.54	-99.03	-325.01

Anchor Land Holdings 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 ₱-486 Mil.

Anchor Land Holdings (PHS:ALHI) 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.

Anchor Land Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱-325 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱373 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱16,522 Mil.

Anchor Land Holdings'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	*	373.077	/	-325.012
	=	1.15

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. Anchor Land Holdings Inc interest coverage is 1.18, which is low.

Anchor Land Holdings (PHS:ALHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Anchor Land Holdings Inc (PHS:ALHI) » Definitions » Interest Expense

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N/A

Address

6752 Ayala Avenue corner Makati Avenue, 15th Floor, L.V. Locsin Building, Makati, PHL, 1228

Website

https://www.anchorland.com.ph

Anchor Land Holdings Inc operates in the real estate industry, specializing in the development of sophisticated and luxurious residential condominiums. The company's aggregated operation includes condominium sales, leasing and hotel, and property management. The group operates only in the Philippines.

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