Philippine Estates (PHS:PHES) Interest Expense : ₱-14.6 Mil (TTM As of Mar. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Philippine Estates Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Philippine Estates's interest expense for the three months ended in Mar. 2024 was ₱ -3.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-14.6 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. Philippine Estates's Operating Income for the three months ended in Mar. 2024 was ₱ 1.5 Mil. Philippine Estates's Interest Expense for the three months ended in Mar. 2024 was ₱ -3.6 Mil. Philippine Estates's Interest Coverage for the quarter that ended in Mar. 2024 was 0.42. 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.

Philippine Estates Interest Expense Historical Data

The historical data trend for Philippine Estates'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.

Philippine Estates Interest Expense Chart

Philippine Estates Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-14.47

-16.10

-16.64

-14.65

-15.47

Philippine Estates 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															-4.40	-3.54	-2.90	-4.63	-3.58

Philippine Estates 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 ₱-14.6 Mil.

Philippine Estates (PHS:PHES) 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.

Philippine Estates's Interest Expense for the three months ended in Mar. 2024 was ₱-3.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱54.1 Mil.

Philippine Estates'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	*	1.5	/	-3.579
	=	0.42

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

Philippine Estates (PHS:PHES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Estates Corp (PHS:PHES) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605

Website

https://www.phes.com.ph

Philippine Estates Corporation is a real estate company engaged in the business of holding and developing real estate properties or other properties. Its segments include Metro Manila, which includes an industrial park and condominium projects; Other Luzon Areas such as Bulacan, Cavite-subdivision development; Cebu includes subdivision, mixed-use, and condominium projects; Iloilo includes subdivision, mixed-use, and condominium projects; and Davao, which includes an administrative office. It offers real estate properties for industrial, commercial, residential, and leisure or sports purposes. The group derives key revenue from Cebu and Iloilo business segments.

Philippine Estates (PHS:PHES) Headlines

No Headlines