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Hoshino Resorts REIT (TSE:3287) Interest Expense : 円-559 Mil (TTM As of Apr. 2023)


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What is Hoshino Resorts REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hoshino Resorts REIT's interest expense for the six months ended in Apr. 2023 was 円 -289 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was 円-559 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. Hoshino Resorts REIT's Operating Income for the six months ended in Apr. 2023 was 円 2,628 Mil. Hoshino Resorts REIT's Interest Expense for the six months ended in Apr. 2023 was 円 -289 Mil. Hoshino Resorts REIT's Interest Coverage for the quarter that ended in Apr. 2023 was 9.09. 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.


Hoshino Resorts REIT Interest Expense Historical Data

The historical data trend for Hoshino Resorts REIT'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.

Hoshino Resorts REIT Interest Expense Chart

Hoshino Resorts REIT Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -445.58 -472.48 -517.72 -497.94 -510.30

Hoshino Resorts REIT Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 -246.68 -251.26 -240.52 -269.79 -289.14

Hoshino Resorts REIT 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 Apr. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-559 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.


Hoshino Resorts REIT  (TSE:3287) 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.

Hoshino Resorts REIT's Interest Expense for the six months ended in Apr. 2023 was 円-289 Mil. Its Operating Income for the six months ended in Apr. 2023 was 円2,628 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2023 was 円63,519 Mil.

Hoshino Resorts REIT's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2023 )/Interest Expense (Q: Apr. 2023 )
=-1*2627.746/-289.137
=9.09

* 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.


Hoshino Resorts REIT (TSE:3287) Business Description

Traded in Other Exchanges
N/A
Address
2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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