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Fortress Resorts (COL:RHTL.N0000) Interest Expense : රු Mil (TTM As of . 20)


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What is Fortress Resorts Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fortress Resorts's interest expense for the three months ended in . 20 was රු 0.00 Mil. Fortress Resorts does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Fortress Resorts's Operating Income for the three months ended in . 20 was රු 0.00 Mil. Fortress Resorts's Interest Expense for the three months ended in . 20 was රු 0.00 Mil. Fortress Resorts did not have earnings to cover the interest expense. 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.


Fortress Resorts Interest Expense Historical Data

The historical data trend for Fortress Resorts'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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Fortress Resorts Interest Expense Chart

Fortress Resorts Annual Data
Trend
Interest Expense

Fortress Resorts Quarterly Data
Interest Expense

Fortress Resorts Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Fortress Resorts  (COL:RHTL.N0000) 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.

Fortress Resorts's Interest Expense for the three months ended in . 20 was රු0.00 Mil. Its Operating Income for the three months ended in . 20 was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was රු0.00 Mil.

Fortress Resorts's Interest Coverage for the quarter that ended in . 20 is calculated as

Fortress Resorts had no long-term debt (1).

* 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.


Fortress Resorts (COL:RHTL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No 20, Dharmapala Mawatha, Colombo, LKA, 03
Fortress Resorts PLC operates in the hotel and restaurant divisions. The company offers lodging, food, beverage, and other hospitality involving related services. The company's revenue sources include room revenue, food revenue, spa revenue, laundry income, wedding income, transportation income, and income from other hotel operations.

Fortress Resorts (COL:RHTL.N0000) Headlines

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