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Atom Hoteles Socimi (XMAD:YATO) Interest Expense : €-18.07 Mil (TTM As of Dec. 2023)


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What is Atom Hoteles Socimi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atom Hoteles Socimi's interest expense for the six months ended in Dec. 2023 was € -18.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-18.07 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. Atom Hoteles Socimi's Operating Income for the six months ended in Dec. 2023 was € 28.94 Mil. Atom Hoteles Socimi's Interest Expense for the six months ended in Dec. 2023 was € -18.07 Mil. Atom Hoteles Socimi's Interest Coverage for the quarter that ended in Dec. 2023 was 1.60. 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.


Atom Hoteles Socimi Interest Expense Historical Data

The historical data trend for Atom Hoteles Socimi'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.

Atom Hoteles Socimi Interest Expense Chart

Atom Hoteles Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -8.80 -9.87 -9.73 -10.85 -18.07

Atom Hoteles Socimi Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial -8.80 -9.87 -9.73 -10.85 -18.07

Atom Hoteles Socimi Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-18.07 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.


Atom Hoteles Socimi  (XMAD:YATO) 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.

Atom Hoteles Socimi's Interest Expense for the six months ended in Dec. 2023 was €-18.07 Mil. Its Operating Income for the six months ended in Dec. 2023 was €28.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €320.13 Mil.

Atom Hoteles Socimi's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*28.94/-18.071
=1.60

* 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. Atom Hoteles Socimi SA interest coverage is 1.6, which is low.


Atom Hoteles Socimi (XMAD:YATO) Business Description

Traded in Other Exchanges
N/A
Address
Paseo del Club Deportivo 1, Edificio 11 (Parque Empresarial La Finca), Pozuelo de Alarcon, Madrid, ESP, 28223
Atom Hoteles Socimi SA is a real estate investment trust focused on hotel industry. The company engages in acquisition, management and development of real estate assets for lease in the hotel industry.

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