Asia Hotel PCL (BKK:ASIA) Interest Expense : ฿-150 Mil (TTM As of Mar. 2024)

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What is Asia Hotel PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Hotel PCL's interest expense for the three months ended in Mar. 2024 was ฿ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-150 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. Asia Hotel PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 21 Mil. Asia Hotel PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -37 Mil. Asia Hotel PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 0.58. 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.

Asia Hotel PCL Interest Expense Historical Data

The historical data trend for Asia Hotel PCL'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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Asia Hotel PCL Interest Expense Chart

Asia Hotel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-123.51

-124.32

-120.37

-149.89

-149.30

Asia Hotel PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-35.92	-36.97	-38.89	-37.52	-36.57

Asia Hotel PCL 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-150 Mil.

Asia Hotel PCL (BKK:ASIA) 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.

Asia Hotel PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-37 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿2,127 Mil.

Asia Hotel PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	21.257	/	-36.572
	=	0.58

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. Asia Hotel PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Asia Hotel PCL (BKK:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asia Hotel PCL (BKK:ASIA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

296 Phayathai Road, Phaya Thai, Rajathevee, Bangkok, THA

Website

http://www.asiahotel.co.th

Asia Hotel PCL is a Thailand-based company engaged in hotel and restaurant operations. The company operates three business segments: The room segment, the Food And Beverages segment, and the Rental And Services segment. It generates a majority of its revenue from the Rooms segment.