Diamondrock Hospitality Co (FRA:HBO) Interest Expense : €-61 Mil (TTM As of Mar. 2024)

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What is Diamondrock Hospitality Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Diamondrock Hospitality Co's interest expense for the three months ended in Mar. 2024 was € -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-61 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. Diamondrock Hospitality Co's Operating Income for the three months ended in Mar. 2024 was € 21 Mil. Diamondrock Hospitality Co's Interest Expense for the three months ended in Mar. 2024 was € -14 Mil. Diamondrock Hospitality Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.43. 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.

Diamondrock Hospitality Co Interest Expense Historical Data

The historical data trend for Diamondrock Hospitality Co'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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Diamondrock Hospitality Co Interest Expense Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-41.93

-44.38

-32.78

-37.47

-59.67

Diamondrock Hospitality Co 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															-13.68	-13.88	-14.49	-18.28	-14.47

Diamondrock Hospitality Co 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 €-61 Mil.

Diamondrock Hospitality Co (FRA:HBO) 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.

Diamondrock Hospitality Co's Interest Expense for the three months ended in Mar. 2024 was €-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was €21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,185 Mil.

Diamondrock Hospitality Co'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	*	20.649	/	-14.474
	=	1.43

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

Diamondrock Hospitality Co (FRA:HBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (FRA:HBO) » Definitions » Interest Expense

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DRHpA.PFD:USA DRH:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.

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