Accor (XPAR:AC) Interest Expense : €-75 Mil (TTM As of Dec. 2023)

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What is Accor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Accor's interest expense for the six months ended in Dec. 2023 was € -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-75 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. Accor's Operating Income for the six months ended in Dec. 2023 was € 409 Mil. Accor's Interest Expense for the six months ended in Dec. 2023 was € -14 Mil. Accor's Interest Coverage for the quarter that ended in Dec. 2023 was 29.21. 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.

Accor Interest Expense Historical Data

The historical data trend for Accor'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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Accor Interest Expense Chart

Accor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-77.00

-72.00

-94.00

-106.00

-75.00

Accor Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-49.00	-53.00	-53.00	-61.00	-14.00

Accor 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-75 Mil.

Accor (XPAR:AC) 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.

Accor's Interest Expense for the six months ended in Dec. 2023 was €-14 Mil. Its Operating Income for the six months ended in Dec. 2023 was €409 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2,526 Mil.

Accor's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	409	/	-14
	=	29.21

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

Accor (XPAR:AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Accor SA (XPAR:AC) » Definitions » Interest Expense

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Traded in Other Exchanges

ACRFF:USA ACCYY:USA ACC:Mexico ACp:UK 0H59:UK ACR:Germany

Address

82, Rue Henri Farman, Tour Sequana, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://group.accor.com

Accor operates 812,425 rooms across 46 brands addressing the economy through luxury segments, as of Sept. 30, 2023. Ibis (economy scale) is the largest brand (37% of total rooms at the end of 2022), followed by mid scale brands Mercure (16%) and Novotel (14%). FRHI offers additional luxury and North American exposure. After the sale of the majority of HotelInvest (owned assets) in 2018-19, the majority of total EBITDA comes from asset-light managed and franchised hotels. Northern Europe represents 21% of rooms, Southern Europe 23%, Asia-Pacific region 32%, Americas 12%, and India, Middle East, and Africa 12%. Premium, midscale, and economy are 86% of total rooms, while luxury and lifestyle are the remaining 14%.