What is SM Prime Holdings Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SM Prime Holdings's interest expense for the
three
months ended in Mar. 2024 was ₱ -3,130 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-14,456 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. SM Prime Holdings's Operating Income for the
three
months ended in Mar. 2024 was ₱ 14,711 Mil. SM Prime Holdings's Interest Expense for the
three
months ended in Mar. 2024 was ₱ -3,130 Mil.
SM Prime Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 4.70.
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.
SM Prime Holdings Interest Expense Historical Data
The historical data trend for SM Prime Holdings'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.
SM Prime Holdings Interest Expense Chart
|
SM Prime Holdings Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Interest Expense |
|
Get a 7-Day Free Trial
|
|
|
-8,832.77 |
-8,596.75 |
-9,357.62 |
-11,465.79 |
-13,963.27 |
|
SM Prime Holdings 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
|
|
|
|
|
|
|
|
|
|
|
|
|
-2,637.36 |
-2,592.38 |
-3,663.80 |
-5,069.73 |
-3,130.42 |
SM Prime Holdings 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 ₱-14,456 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.
SM Prime Holdings (PHS:SMPH) 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.
SM Prime Holdings's Interest Expense for the
three
months ended in Mar. 2024 was ₱-3,130 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was ₱14,711 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was ₱253,039 Mil.
SM Prime Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
* 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. SM Prime Holdings Inc interest coverage is 4.3, which is low.
SM Prime Holdings (PHS:SMPH) Business Description
Traded in Other Exchanges
Address
Coral Way cor. J.W. Diokno Boulevard, 10th Floor, Mall of Asia Arena Annex Building, Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay, PHL, 1300
SM Prime Holdings Inc is an integrated property developer in Southeast Asia. Through subsidiaries and business units, it sells affordable condominium units and develops and leases office buildings in Metro Manila. It also houses a unit that develops and manages hotel and convention centers across the Philippines. Residential properties are strategically offered near business and lifestyle districts and provide a host of amenities at prices that cater to the middle market. Malls are the leading revenue provider and are equipped to handle thousands of residents in addition to cinema operations.
SM Prime Holdings (PHS:SMPH) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PHS:SMPH has been successfully added to your