Acrophyte Hospitality Trust (SGX:XZL) Interest Expense : $-18.3 Mil (TTM As of Jun. 2024)

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What is Acrophyte Hospitality Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acrophyte Hospitality Trust's interest expense for the six months ended in Jun. 2024 was $ -10.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-18.3 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. Acrophyte Hospitality Trust's Operating Income for the six months ended in Jun. 2024 was $ 6.8 Mil. Acrophyte Hospitality Trust's Interest Expense for the six months ended in Jun. 2024 was $ -10.3 Mil. Acrophyte Hospitality Trust's Interest Coverage for the quarter that ended in Jun. 2024 was 0.66. 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.

Acrophyte Hospitality Trust Interest Expense Historical Data

The historical data trend for Acrophyte Hospitality Trust'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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Acrophyte Hospitality Trust Interest Expense Chart

Acrophyte Hospitality Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.51

-11.85

-12.42

-15.46

Acrophyte Hospitality Trust Semi-Annual Data
	Dec16	Dec17	Dec18	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial							-5.87	-6.55	-7.44	-8.02	-10.31

Acrophyte Hospitality Trust 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-18.3 Mil.

Acrophyte Hospitality Trust (SGX:XZL) 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.

Acrophyte Hospitality Trust's Interest Expense for the six months ended in Jun. 2024 was $-10.3 Mil. Its Operating Income for the six months ended in Jun. 2024 was $6.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $264.3 Mil.

Acrophyte Hospitality Trust's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	6.778	/	-10.314
	=	0.66

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. Acrophyte Hospitality Trusts earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Acrophyte Hospitality Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Acrophyte Hospitality Trust (SGX:XZL) » Definitions » Interest Expense

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Address

5 Temasek Boulevard, No. 12-01 Suntec Tower Five, Singapore, SGP, 038985

Website

https://www.araushotels.com

Acrophyte Hospitality Trust invests in income-producing real estate assets used primarily for hospitality purposes located in the United States. Its portfolio comprises 34 select-service hotels with a total of 4,442 rooms across 17 states in the United States.

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