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Ayala Land (PHS:ALI) Interest Expense : ₱-13,543 Mil (TTM As of Mar. 2024)


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What is Ayala Land Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ayala Land's interest expense for the three months ended in Mar. 2024 was ₱ -3,774 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-13,543 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. Ayala Land's Operating Income for the three months ended in Mar. 2024 was ₱ 12,518 Mil. Ayala Land's Interest Expense for the three months ended in Mar. 2024 was ₱ -3,774 Mil. Ayala Land's Interest Coverage for the quarter that ended in Mar. 2024 was 3.32. 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.

Ayala Land Interest Expense Historical Data

The historical data trend for Ayala Land'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.

Ayala Land Interest Expense Chart

Ayala Land 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 -11,426.19 -12,301.23 -10,578.67 -11,020.91 -13,079.26

Ayala Land 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 -3,311.09 -3,407.30 -3,603.12 -2,757.75 -3,774.37

Ayala Land 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 ₱-13,543 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.

Ayala Land  (PHS:ALI) 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.

Ayala Land's Interest Expense for the three months ended in Mar. 2024 was ₱-3,774 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱12,518 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱239,500 Mil.

Ayala Land'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*12517.875/-3774.368
=3.32

* 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. Ayala Land Inc interest coverage is 3.95, which is low.

Ayala Land (PHS:ALI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ayala Land Inc (PHS:ALI) » Definitions » Interest Expense
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PHS:HVN PHS:MEG PHS:HOUSE PHS:SLI PHS:FLI PHS:BEL PHS:CLI PHS:ROCK PHS:PRMX PHS:ALHI HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
AYAAF:USA
Address
Ayala Triangle, Ayala Avenue, 31st Floor, Tower One and Exchange Plaza, Makati City, PHL, 1226
Website
https://www.ayalaland.com.ph
Ayala Land is a real estate conglomerate operating in the Philippines that plans and develops large-scale, integrated estates. Ayala develops commercial and industrial parks and engages in property management and construction. The company operates in seven business segments: Property Development; International; Shopping Centers; Offices; Hotels and Resorts; Construction; Property Management and Others. The majority of revenue gets derived from the Property development segment that engages in the sale of high-end and upper-middle-income residential lots and units, affordable housing units and lots, economic housing, and leisure community developments.

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