Vail Resorts (Vail Resorts) Interest Expense : $-159 Mil (TTM As of Jan. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Vail Resorts Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vail Resorts's interest expense for the three months ended in Jan. 2024 was $ -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-159 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. Vail Resorts's Operating Income for the three months ended in Jan. 2024 was $ 355 Mil. Vail Resorts's Interest Expense for the three months ended in Jan. 2024 was $ -39 Mil. Vail Resorts's Interest Coverage for the quarter that ended in Jan. 2024 was 9.12. 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.

Vail Resorts Interest Expense Historical Data

The historical data trend for Vail Resorts'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.

Vail Resorts Interest Expense Chart

Vail Resorts Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

Get a 7-Day Free Trial

-79.50

-106.72

-151.40

-148.18

-153.02

Vail Resorts Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-36.77	-39.14	-40.21	-40.73	-38.89

Vail Resorts 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-159 Mil.

Vail Resorts (NYSE:MTN) 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.

Vail Resorts's Interest Expense for the three months ended in Jan. 2024 was $-39 Mil. Its Operating Income for the three months ended in Jan. 2024 was $355 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $2,890 Mil.

Vail Resorts's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	354.71	/	-38.885
	=	9.12

The higher the ratio, the stronger the company's financial strength is.

Vail Resorts (Vail Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Vail Resorts Inc (NYSE:MTN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MTN:Mexico VAI:Germany VAI:Germany

Address

390 Interlocken Crescent, Broomfield, CO, USA, 80021

Website

https://www.vailresorts.com

Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

Executives

Hilary Schneider	director	C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
William Rock	officer: President, Mountain Division	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Angela A Korch	officer: EVP & Chief Financial Officer	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Michael Z Barkin	officer: EVP & Chief Financial Officer	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
John F Sorte	director	VAIL RESORTS INC, PO BOX 7, VAIL CO 89658
Robert A Katz	director, officer: Chief Exec.Officer & Chairman	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan Bennett	officer: SVP & Chief Marketing Officer	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Nathan Mark Gronberg	officer: VP, Controller & CAO	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Peter A Vaughn	director	390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
James C. O'donnell	officer: EVP, Hospitality, Retail & RE	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
David T Shapiro	officer: EVP, General Counsel & Sec.	601 HAWAII ST., EL SEGUNDO CA 90245
Kirsten A. Lynch	officer: EVP & Chief Marketing Officer	390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Gregory Jon Sullivan	officer: SVP, Retail & Hospitality	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Patricia A Campbell	officer: President-Mountain Division	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan H Siurek	officer: VP, Controller & CAO	6200 SPRINT PARKWAY, OVERLAND PARK KS 66251