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Wynn Macau (Wynn Macau) Interest Expense : $-398 Mil (TTM As of Dec. 2023)


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What is Wynn Macau Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wynn Macau's interest expense for the six months ended in Dec. 2023 was $ -204 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-398 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. Wynn Macau's Operating Income for the six months ended in Dec. 2023 was $ 316 Mil. Wynn Macau's Interest Expense for the six months ended in Dec. 2023 was $ -204 Mil. Wynn Macau's Interest Coverage for the quarter that ended in Dec. 2023 was 1.55. 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.

Wynn Macau Interest Expense Historical Data

The historical data trend for Wynn Macau'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.

Wynn Macau Interest Expense Chart

Wynn Macau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -172.40 -235.88 -285.86 -314.61 -398.69

Wynn Macau 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 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 -142.89 -145.40 -168.04 -193.86 -204.25

Wynn Macau 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 $-398 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.

Wynn Macau  (OTCPK:WYNMF) 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.

Wynn Macau's Interest Expense for the six months ended in Dec. 2023 was $-204 Mil. Its Operating Income for the six months ended in Dec. 2023 was $316 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $6,162 Mil.

Wynn Macau'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*316.478/-204.247
=1.55

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wynn Macau Ltd interest coverage is 1.25, which is low.

Wynn Macau (Wynn Macau) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Macau Ltd (OTCPK:WYNMF) » Definitions » Interest Expense
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HKSE:02282 HKSE:00880 HKSE:03918 HKSE:00200 HKSE:01992 HKSE:01180 HKSE:01680 HKSE:00296 HKSE:01383 HKSE:01245 LVS HKSE:00027 HKSE:01928 MGM WYNN CZR MTN SGX:G13 BYD HGV
Traded in Other Exchanges
WYNMY:USA 01128:Hong Kong 8WY:Germany
Address
Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC
Website
https://www.wynnmacau.com
Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

Wynn Macau (Wynn Macau) Headlines

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