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Sunstone Hotel Investors (FRA:UF2) Interest Expense : €-46.1 Mil (TTM As of Mar. 2024)


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What is Sunstone Hotel Investors Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunstone Hotel Investors's interest expense for the three months ended in Mar. 2024 was € -11.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-46.1 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. Sunstone Hotel Investors's Operating Income for the three months ended in Mar. 2024 was € 15.9 Mil. Sunstone Hotel Investors's Interest Expense for the three months ended in Mar. 2024 was € -11.3 Mil. Sunstone Hotel Investors's Interest Coverage for the quarter that ended in Mar. 2024 was 1.40. 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.

Sunstone Hotel Investors Interest Expense Historical Data

The historical data trend for Sunstone Hotel Investors'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.

Sunstone Hotel Investors Interest Expense Chart

Sunstone Hotel Investors 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 -46.29 -41.25 -28.07 -29.94 -44.91

Sunstone Hotel Investors 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 -12.38 -11.32 -11.83 -11.63 -11.33

Sunstone Hotel Investors 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 €-46.1 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.

Sunstone Hotel Investors  (FRA:UF2) 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.

Sunstone Hotel Investors's Interest Expense for the three months ended in Mar. 2024 was €-11.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was €15.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €234.6 Mil.

Sunstone Hotel Investors'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*15.878/-11.328
=1.40

* 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.

Sunstone Hotel Investors (FRA:UF2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunstone Hotel Investors Inc (FRA:UF2) » Definitions » Interest Expense
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Traded in Other Exchanges
SHO:USA
Address
15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656
Website
https://www.sunstonehotels.com
Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.

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