Question

How do I calculate the interest expense?

Answer 1

check in th income statement of the company.. there will be a term financial charges.. the financial charges is the interest expense...

Answer 2

I am analyzing Starwood Hotel and I don't see anything under "financial charges"

Answer 3

check in the balance sheet.. they have take loan at what interst.. and then calculate the interest.. expense accordingly..!!!i mean for that year..

Answer 4

As Reported Annual Balance Sheet
Report Date 12/31/2010
Currency USD
Audit Status Not Qualified
Consolidated Yes
Scale Thousands
Cash & cash equivalents 753,000
Restricted cash 53,000
Accounts receivable, gross 558,000
Less: allowance for doubtful accounts 45,000
Accounts receivable, net 513,000
Inventories 802,000
Securitized vacation ownership notes receivable, net 59,000
Prepaid expenses & other current assets 126,000
Total current assets 2,306,000
Investments 312,000
Land & improvements 600,000
Buildings & improvements 3,300,000
Furnitures, fixtures & equipment 1,901,000
Construction work in progress 170,000
Plant, property & equipment, gross 5,971,000
Less: accumulated depreciation & amortization 2,648,000
Plant, property & equipment, net 3,323,000
Assets held for sale -
Goodwill & intangible assets, net 2,067,000
Deferred tax assets 979,000
VOI notes receivable, net 132,000
Other notes receivable, net -
Prepaid taxes 88,000
Deposits & other assets 161,000
Other assets 381,000
Other assets -
Securitized vacation ownership notes receivable, net 408,000
Total assets 9,776,000
Short-term borrowings & current maturities of long-term debt 9,000
Accounts payable 138,000
Current maturities of long-term securitized vacation ownership debt 127,000
Accrued expenses 1,104,000
Accrued salaries, wages & benefits 410,000
Accrued taxes & other current liabilities 373,000
Total current liabilities 2,161,000
Senior credit facility - revolving credit facility -
Senior credit facility - term loan -
Senior notes 2,698,000
Sheraton Holding public debt -
Mortgages & other debt 159,000
Long-term debt, including current maturities 2,857,000
Less current maturities 9,000
Total long-term debt, net of current maturities 2,848,000
Long-term securitized vacation ownership debt 367,000
Deferred income taxes 28,000
Deferred gain on asset sales 930,000
SPG point liability 702,000
Deferred incom including VOI & residential sales 20,000
Benefit plan liabilities 61,000
Insurance reserves 46,000
Other liabilities 127,000
Other liabilities 1,886,000
Other liabilities -
Total liabilities 7,290,000
Minority interest -
Common stock 2,000
Additional paid-in capital 805,000
Accumulated other comprehensive income (loss) (283,000)
Retained earnings (accumulated deficit) 1,947,000
Total Starwood stockholders' equity 2,471,000
Non-controlling interest 15,000
Total equity 2,486,000

This is the balance sheet for 2010 and the only thing that I see on there is for loan is the Senior credit facility-loan. I appreciate your help!!!

Answer 5

As Reported Annual Balance Sheet
Report Date 12/31/2010
Currency USD
Audit Status Not Qualified
Consolidated Yes
Scale Thousands
Cash & cash equivalents 753,000
Restricted cash 53,000
Accounts receivable, gross 558,000
Less: allowance for doubtful accounts 45,000
Accounts receivable, net 513,000
Inventories 802,000
Securitized vacation ownership notes receivable, net 59,000
Prepaid expenses & other current assets 126,000
Total current assets 2,306,000
Investments 312,000
Land & improvements 600,000
Buildings & improvements 3,300,000
Furnitures, fixtures & equipment 1,901,000
Construction work in progress 170,000
Plant, property & equipment, gross 5,971,000
Less: accumulated depreciation & amortization 2,648,000
Plant, property & equipment, net 3,323,000
Assets held for sale -
Goodwill & intangible assets, net 2,067,000
Deferred tax assets 979,000
VOI notes receivable, net 132,000
Other notes receivable, net -
Prepaid taxes 88,000
Deposits & other assets 161,000
Other assets 381,000
Other assets -
Securitized vacation ownership notes receivable, net 408,000
Total assets 9,776,000
Short-term borrowings & current maturities of long-term debt 9,000
Accounts payable 138,000
Current maturities of long-term securitized vacation ownership debt 127,000
Accrued expenses 1,104,000
Accrued salaries, wages & benefits 410,000
Accrued taxes & other current liabilities 373,000
Total current liabilities 2,161,000
Senior credit facility - revolving credit facility -
Senior credit facility - term loan -
Senior notes 2,698,000
Sheraton Holding public debt -
Mortgages & other debt 159,000
Long-term debt, including current maturities 2,857,000
Less current maturities 9,000
Total long-term debt, net of current maturities 2,848,000
Long-term securitized vacation ownership debt 367,000
Deferred income taxes 28,000
Deferred gain on asset sales 930,000
SPG point liability 702,000
Deferred incom including VOI & residential sales 20,000
Benefit plan liabilities 61,000
Insurance reserves 46,000
Other liabilities 127,000
Other liabilities 1,886,000
Other liabilities -
Total liabilities 7,290,000
Minority interest -
Common stock 2,000
Additional paid-in capital 805,000
Accumulated other comprehensive income (loss) (283,000)
Retained earnings (accumulated deficit) 1,947,000
Total Starwood stockholders' equity 2,471,000
Non-controlling interest 15,000
Total equity 2,486,000

This is the balance sheet for 2010 and the only thing that I see on there is for loan is the Senior credit facility-loan. I appreciate your help!!!

Answer 6

well dear... this is the consolidated balance sheet.. what u need to have is the break up odf each and everyne/// which the company is havin g... u dont need to calculate intert expense// it is somethoing that is provided in the detailed financials of the company

Answer 7

Thanks, I will look at their annual report and see if I can find it.

Answer 8

have a look at this: http://finance.yahoo.com/q/is?s=HOT+Income+Statement&annual