Hotel Properties (SGX:H15) Interest Expense : S$-98.3 Mil (TTM As of Dec. 2023)

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What is Hotel Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hotel Properties's interest expense for the six months ended in Dec. 2023 was S$ -52.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-98.3 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. Hotel Properties's Operating Income for the six months ended in Dec. 2023 was S$ 26.7 Mil. Hotel Properties's Interest Expense for the six months ended in Dec. 2023 was S$ -52.0 Mil. Hotel Properties's Interest Coverage for the quarter that ended in Dec. 2023 was 0.51. 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.

Hotel Properties Interest Expense Historical Data

The historical data trend for Hotel Properties'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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Hotel Properties Interest Expense Chart

Hotel Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-38.46

-31.71

-34.74

-59.43

-98.35

Hotel Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-17.96	-21.82	-37.61	-46.32	-52.03

Hotel Properties 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-98.3 Mil.

Hotel Properties (SGX:H15) 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.

Hotel Properties's Interest Expense for the six months ended in Dec. 2023 was S$-52.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$26.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$1,569.2 Mil.

Hotel Properties's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	26.733	/	-52.031
	=	0.51

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. Hotel Properties Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Hotel Properties (SGX:H15) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hotel Properties Ltd (SGX:H15) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Cuscaden Road, No. 08-01, HPL House, Singapore, SGP, 249724

Website

https://www.hotelprop.com.sg

Hotel Properties Ltd is a Singapore-based hotelier and investment holding company. The principal business activities of the company are those of hotel ownership, management and operation, property development and investment holding. The company's segments are Hotels, Properties, and Others. The Hotels segment deals with the operations of the hotels and shopping galleries. The company's income is derived mainly from the rental of rooms and shop units, the sale of food and beverage, and management fees. Geographically, it derives a majority of its revenue from the Maldives.

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