CorePoint Lodging (CorePoint Lodging) Interest Expense : $-28.0 Mil (TTM As of Sep. 2021)

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What is CorePoint Lodging Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CorePoint Lodging's interest expense for the three months ended in Sep. 2021 was $ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-28.0 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. CorePoint Lodging's Operating Income for the three months ended in Sep. 2021 was $ -3.0 Mil. CorePoint Lodging's Interest Expense for the three months ended in Sep. 2021 was $ -6.0 Mil. CorePoint Lodging 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.

CorePoint Lodging Interest Expense Historical Data

The historical data trend for CorePoint Lodging'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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CorePoint Lodging Interest Expense Chart

CorePoint Lodging Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-48.00

-49.00

-64.00

-69.00

-43.00

CorePoint Lodging Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Interest Expense	Get a 7-Day Free Trial															-9.00	-8.00	-7.00	-7.00	-6.00

CorePoint Lodging 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28.0 Mil.

CorePoint Lodging (NYSE:CPLG) 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.

CorePoint Lodging's Interest Expense for the three months ended in Sep. 2021 was $-6.0 Mil. Its Operating Income for the three months ended in Sep. 2021 was $-3.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $18.0 Mil.

CorePoint Lodging's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

CorePoint Lodging did not have earnings to cover the interest expense.

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

CorePoint Lodging (CorePoint Lodging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CorePoint Lodging Inc (NYSE:CPLG) » Definitions » Interest Expense

Comparable Companies

SGX:ACV INN SGX:J85 CLDT TSE:3287 HKSE:01881 WRMK TSE:3478 BHR SVC

Traded in Other Exchanges

N/A

Address

125 E. John Carpenter Freeway, Suite 1650, Irving, TX, USA, 75062

Website

https://www.corepoint.com

CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.

Executives

Jean Birch	director	3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Alice E Gould	director	C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Blackstone Holdings Ii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Steven Garfield	officer: SVP, CAO & Treasurer	15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Blackstone Real Estate Associates V L.p.	10 percent owner	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Bre/lqjv-nq L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
David Loeb	director	C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Yao (rob) Song	officer: SVP & Chief Investment Officer	125 E. JOHN CARPENTER FREEWAY SUITE 1650 IRVING TX 75062
Blackstone Real Estate Partners Iv Te 2 Lp	10 percent owner	345 PARK AVE NEW YORK NY 10154
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Bre/prime Mezz 2 L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Blackstone Real Estate Partners Iv L.p.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Mezz 3-a L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Holdings L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Wih Hotels L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154