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Crown Resorts (ASX:CWNHB.PFD) Interest Expense : A$-94.70 Mil (TTM As of Dec. 2021)


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What is Crown Resorts Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Crown Resorts's interest expense for the six months ended in Dec. 2021 was A$ -34.80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was A$-94.70 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. Crown Resorts's Operating Income for the six months ended in Dec. 2021 was A$ -288.90 Mil. Crown Resorts's Interest Expense for the six months ended in Dec. 2021 was A$ -34.80 Mil. Crown Resorts did not have earnings to cover the interest expense. 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.


Crown Resorts Interest Expense Historical Data

The historical data trend for Crown 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.

Crown Resorts Interest Expense Chart

Crown Resorts Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -143.62 -76.10 -36.60 -7.80 -66.20

Crown Resorts Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 -6.60 -1.20 -6.30 -59.90 -34.80

Crown 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 Dec. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-94.70 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.


Crown Resorts  (ASX:CWNHB.PFD) 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.

Crown Resorts's Interest Expense for the six months ended in Dec. 2021 was A$-34.80 Mil. Its Operating Income for the six months ended in Dec. 2021 was A$-288.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2021 was A$1,573.20 Mil.

Crown Resorts's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Crown Resorts did not have earnings to cover the interest expense.

* 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.


Crown Resorts (ASX:CWNHB.PFD) Business Description

Traded in Other Exchanges
N/A
Address
8 Whiteman Street, Level 3, Crown Towers, Southbank, Melbourne, VIC, AUS, 3006
Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.

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