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Las Vegasnds (BUE:LVS) Interest Expense : ARS-342,315 Mil (TTM As of Mar. 2024)


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What is Las Vegasnds Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Las Vegasnds's interest expense for the three months ended in Mar. 2024 was ARS -153,335 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ARS-342,315 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. Las Vegasnds's Operating Income for the three months ended in Mar. 2024 was ARS 615,868 Mil. Las Vegasnds's Interest Expense for the three months ended in Mar. 2024 was ARS -153,335 Mil. Las Vegasnds's Interest Coverage for the quarter that ended in Mar. 2024 was 4.02. 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.


Las Vegasnds Interest Expense Historical Data

The historical data trend for Las Vegasnds'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.

Las Vegasnds Interest Expense Chart

Las Vegasnds Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26,838.35 -42,561.74 -62,714.79 -117,690.30 -295,298.00

Las Vegasnds 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 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 -43,065.90 -50,400.00 -69,990.00 -68,590.00 -153,335.00

Las Vegasnds 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 ARS-342,315 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.


Las Vegasnds  (BUE:LVS) 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.

Las Vegasnds's Interest Expense for the three months ended in Mar. 2024 was ARS-153,335 Mil. Its Operating Income for the three months ended in Mar. 2024 was ARS615,868 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ARS10,037,545 Mil.

Las Vegasnds'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*615867.51/-153335.003
=4.02

* 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.


Las Vegasnds (BUE:LVS) Business Description

Address
5500 Haven Street, Las Vegas, NV, USA, 89119
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.

Las Vegasnds (BUE:LVS) Headlines