EIH Associated Hotels (BOM:523127) Interest Expense : ₹-8 Mil (TTM As of Dec. 2023)

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What is EIH Associated Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EIH Associated Hotels's interest expense for the three months ended in Dec. 2023 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-8 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. EIH Associated Hotels's Operating Income for the three months ended in Dec. 2023 was ₹ 480 Mil. EIH Associated Hotels's Interest Expense for the three months ended in Dec. 2023 was ₹ -1 Mil. EIH Associated Hotels's Interest Coverage for the quarter that ended in Dec. 2023 was 505.07. 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.

EIH Associated Hotels Interest Expense Historical Data

The historical data trend for EIH Associated Hotels'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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EIH Associated Hotels Interest Expense Chart

EIH Associated Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-4.34

-4.35

-5.19

-2.95

-3.71

EIH Associated Hotels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.82	-0.59	-1.41	-4.56	-0.95

EIH Associated Hotels 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 quarterly data reported by the company within the most recent 12 months, which was ₹-8 Mil.

EIH Associated Hotels (BOM:523127) 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.

EIH Associated Hotels's Interest Expense for the three months ended in Dec. 2023 was ₹-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹480 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

EIH Associated Hotels'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	*	479.82	/	-0.95
	=	505.07

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. EIH Associated Hotels Ltd has enough cash to cover all of its debt. Its financial situation is stable.

EIH Associated Hotels (BOM:523127) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » EIH Associated Hotels Ltd (BOM:523127) » Definitions » Interest Expense

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EIHAHOTELS:India

Address

7, Sham Nath Marg, Delhi, IND, 110054

Website

https://www.eihassociatedhotels.in

EIH Associated Hotels Ltd is an India-based company engaged in hotel activities. The business of the company is the ownership, management, and operation of five-star hotels in tourist destinations throughout India. The company owns luxury hotels under the Oberoi and five-star Trident brands in Indian cities. The group derives its principal revenue from hotel operations, including related services, food and beverage, and other services. The Company has identified a single reportable segment.

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