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The Erawan Group PCL (BKK:ERW) Interest Expense : ฿-621 Mil (TTM As of Mar. 2024)


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What is The Erawan Group PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Erawan Group PCL's interest expense for the three months ended in Mar. 2024 was ฿ -171 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-621 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. The Erawan Group PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 453 Mil. The Erawan Group PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -171 Mil. The Erawan Group PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.65. 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.

The Erawan Group PCL Interest Expense Historical Data

The historical data trend for The Erawan Group PCL'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.

The Erawan Group PCL Interest Expense Chart

The Erawan Group PCL 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 -396.88 -527.30 -509.47 -453.79 -584.34

The Erawan Group PCL 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 -134.73 -143.47 -150.09 -156.04 -171.01

The Erawan Group PCL 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 ฿-621 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.

The Erawan Group PCL  (BKK:ERW) 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.

The Erawan Group PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-171 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿453 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿12,702 Mil.

The Erawan Group PCL'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*452.886/-171.005
=2.65

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. The Erawan Group PCL interest coverage is 2.16, which is low.

The Erawan Group PCL (BKK:ERW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Erawan Group PCL (BKK:ERW) » Definitions » Interest Expense
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BKK:OHTL BKK:SHANG BKK:DUSIT BKK:LRH BKK:BEYOND BKK:ROH BKK:ASIA BKK:GRAND BKK:MANRIN MAR HLT HTHT LSE:IHG H XPAR:AC LSE:WTB BOM:500850 WH CHH BKK:MINT
Traded in Other Exchanges
N/A
Address
Ploenchit Center, 2 Sukhumvit Soi 2 Road, 6th Floor, Klong Toey Subdistrict, Klong Toey District, Bangkok, THA, 10110
Website
http://www.theerawan.com
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants.

The Erawan Group PCL (BKK:ERW) Headlines

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