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Miramar Hospitality Co (ROCO:2730) Interest Expense : NT$-13.1 Mil (TTM As of Jun. 2023)


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What is Miramar Hospitality Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Miramar Hospitality Co's interest expense for the six months ended in Jun. 2023 was NT$ -7.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was NT$-13.1 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. Miramar Hospitality Co's Operating Income for the six months ended in Jun. 2023 was NT$ -15.6 Mil. Miramar Hospitality Co's Interest Expense for the six months ended in Jun. 2023 was NT$ -7.2 Mil. Miramar Hospitality Co 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.


Miramar Hospitality Co Interest Expense Historical Data

The historical data trend for Miramar Hospitality Co'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.

* Premium members only.

Miramar Hospitality Co Interest Expense Chart

Miramar Hospitality Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.47 -14.52 -12.89 -12.81 -11.62

Miramar Hospitality Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only -6.46 -6.35 -5.72 -5.90 -7.17

Miramar Hospitality Co 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-13.1 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.


Miramar Hospitality Co  (ROCO:2730) 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.

Miramar Hospitality Co's Interest Expense for the six months ended in Jun. 2023 was NT$-7.2 Mil. Its Operating Income for the six months ended in Jun. 2023 was NT$-15.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was NT$523.0 Mil.

Miramar Hospitality Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Miramar Hospitality Co 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.


Miramar Hospitality Co (ROCO:2730) Business Description

Traded in Other Exchanges
N/A
Address
83 Civic Boulevard, Section 3, Taipei, TWN
Miramar Hospitality Co Ltd is a Taiwan based restaurant operating company. It is engaged in the operation of hotel business, cafes, bars, conference rooms, and gym and sauna store. The company offers hotel rooms, catering, and health club service.

Miramar Hospitality Co (ROCO:2730) Headlines

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