Filinvest Development (PHS:FDC) Interest Expense : ₱-4,179 Mil (TTM As of Mar. 2024)

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What is Filinvest Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Filinvest Development's interest expense for the three months ended in Mar. 2024 was ₱ -1,506 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-4,179 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. Filinvest Development's Operating Income for the three months ended in Mar. 2024 was ₱ 5,731 Mil. Filinvest Development's Interest Expense for the three months ended in Mar. 2024 was ₱ -1,506 Mil. Filinvest Development's Interest Coverage for the quarter that ended in Mar. 2024 was 3.81. 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.

Filinvest Development Interest Expense Historical Data

The historical data trend for Filinvest Development'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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Filinvest Development Interest Expense Chart

Filinvest Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4,481.82

-5,636.81

-4,741.81

-4,509.89

-5,165.20

Filinvest Development 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															-1,404.41	-	-	-2,672.97	-1,505.85

Filinvest Development 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 ₱-4,179 Mil.

Filinvest Development (PHS:FDC) 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.

Filinvest Development's Interest Expense for the three months ended in Mar. 2024 was ₱-1,506 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱5,731 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱143,572 Mil.

Filinvest Development'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	*	5731.042	/	-1505.851
	=	3.81

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

Filinvest Development (PHS:FDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Filinvest Development Corp (PHS:FDC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634

Website

https://www.filinvestgroup.com

Filinvest Development Corp is a Philippines-based company which focuses on diverse business such as real estate development and leasing, hospitality operations, banking and financial services, power and utility operations, sugar cane farming, milling and sugar trading. Majority of its revenue generating operating segments are Real estate and hospitality which is involved in acquisition of land, planning and development of large-scale fully integrated residential and commercial communities; development and sale of residential and commercial lots; Sugar Operations which involves purchase of raw sugar, refined sugar and molasses from Davao Sugar Central Company, Inc. and Cotabato Sugar Central Company, Inc., subsidiaries of PSHC, and sale to third parties.