Lemon Tree Hotels (BOM:541233) Interest Expense : ₹-1,947 Mil (TTM As of Dec. 2023)

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What is Lemon Tree Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lemon Tree Hotels's interest expense for the three months ended in Dec. 2023 was ₹ -555 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1,947 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. Lemon Tree Hotels's Operating Income for the three months ended in Dec. 2023 was ₹ 1,064 Mil. Lemon Tree Hotels's Interest Expense for the three months ended in Dec. 2023 was ₹ -555 Mil. Lemon Tree Hotels's Interest Coverage for the quarter that ended in Dec. 2023 was 1.92. 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.

Lemon Tree Hotels Interest Expense Historical Data

The historical data trend for Lemon Tree 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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Lemon Tree Hotels Interest Expense Chart

Lemon Tree Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-800.43

-1,571.60

-1,890.09

-1,785.96

-1,773.35

Lemon Tree 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															-460.14	-416.81	-492.16	-482.92	-555.44

Lemon Tree 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 ₹-1,947 Mil.

Lemon Tree Hotels (BOM:541233) 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.

Lemon Tree Hotels's Interest Expense for the three months ended in Dec. 2023 was ₹-555 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹1,064 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Lemon Tree 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	*	1064.007	/	-555.444
	=	1.92

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. Lemon Tree Hotels Ltd interest coverage is 1.98, which is low.

Lemon Tree Hotels (BOM:541233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lemon Tree Hotels Ltd (BOM:541233) » Definitions » Interest Expense

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LEMONTREE:India

Address

Asset No. 6, Aerocity Hospitality District, Delhi Airport, New Delhi, IND, 110037

Website

https://www.lemontreehotels.com

Lemon Tree Hotels Ltd owns and operates a chain of business and leisure hotels in India. The company operates its hotels under the Lemon Tree Premier, Lemon Tree Hotels, and Redfox Hotels brands. The company generates the majority of its revenue from the rental of rooms.

Lemon Tree Hotels (BOM:541233) Headlines

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