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FelCor Lodging Trust (FelCor Lodging Trust) Interest Coverage : 0.92 (As of Jun. 2017)


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What is FelCor Lodging Trust Interest Coverage?

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 by its Interest Expense. FelCor Lodging Trust's Operating Income for the three months ended in Jun. 2017 was $17.9 Mil. FelCor Lodging Trust's Interest Expense for the three months ended in Jun. 2017 was $-19.4 Mil. FelCor Lodging Trust's interest coverage for the quarter that ended in Jun. 2017 was 0.92. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for FelCor Lodging Trust's Interest Coverage or its related term are showing as below:


FCH's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.98
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


FelCor Lodging Trust Interest Coverage Historical Data

The historical data trend for FelCor Lodging Trust's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

FelCor Lodging Trust Interest Coverage Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.15 0.75 1.01 1.00

FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Interest Coverage 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 1.68 0.44 1.06 - 0.92

Competitive Comparison of FelCor Lodging Trust's Interest Coverage

For the REIT - Hotel & Motel subindustry, FelCor Lodging Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FelCor Lodging Trust's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FelCor Lodging Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FelCor Lodging Trust's Interest Coverage falls into.



FelCor Lodging Trust Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FelCor Lodging Trust's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, FelCor Lodging Trust's Interest Expense was $-78.2 Mil. Its Operating Income was $78.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,338.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2016 )/Interest Expense (A: Dec. 2016 )
=-1*78.182/-78.182
=1.00

FelCor Lodging Trust's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, FelCor Lodging Trust's Interest Expense was $-19.4 Mil. Its Operating Income was $17.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,360.1 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2017 )/Interest Expense (Q: Jun. 2017 )
=-1*17.918/-19.416
=0.92

* 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.


FelCor Lodging Trust  (NYSE:FCH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


FelCor Lodging Trust Interest Coverage Related Terms

Thank you for viewing the detailed overview of FelCor Lodging Trust's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director, officer: CEO 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Thomas C Hendrick officer: EVP, Chief Investment Officer 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Troy A Pentecost officer: President, COO 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Lutz Robert H Jr director
Corcoran Thomas J Jr director, officer: Chairman 545 E JOHN CARPENTER, STE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Ledsinger Charles A Jr director 545 E JOHN CARPENTER FRWY #1300, IRVING TX 75062
Jonathan H Yellen officer: EVP, GC & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219

FelCor Lodging Trust (FelCor Lodging Trust) Headlines

From GuruFocus

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 29,046 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 19,895 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 44,305 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 8,505 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

Weekly CFO Buys Highlight: FCH, TSTF, ZOOM, CONN

By jameskuang jameskuang 04-11-2011

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 14,690 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 6,279 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 18,941 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

Weekly CFO Buys Highlight: FCH, ZOOM, BNVI, SNBC

By gurujk gurujk 04-04-2011