Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Interest Expense : $-1,936 Mil (TTM As of Sep. 2023)

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What is Centrais Eletricas Brasileiras Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centrais Eletricas Brasileiras's interest expense for the three months ended in Sep. 2023 was $ -335 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1,936 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. Centrais Eletricas Brasileiras's Operating Income for the three months ended in Sep. 2023 was $ 412 Mil. Centrais Eletricas Brasileiras's Interest Expense for the three months ended in Sep. 2023 was $ -335 Mil. Centrais Eletricas Brasileiras's Interest Coverage for the quarter that ended in Sep. 2023 was 1.23. 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.

Centrais Eletricas Brasileiras Interest Expense Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

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Centrais Eletricas Brasileiras Interest Expense Chart

Centrais Eletricas Brasileiras Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-769.86

-874.30

-554.14

-496.00

-896.98

Centrais Eletricas Brasileiras Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-315.71	-237.84	-601.47	-761.93	-334.67

Centrais Eletricas Brasileiras 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,936 Mil.

Centrais Eletricas Brasileiras (NYSE:EBR.B) 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.

Centrais Eletricas Brasileiras's Interest Expense for the three months ended in Sep. 2023 was $-335 Mil. Its Operating Income for the three months ended in Sep. 2023 was $412 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $11,125 Mil.

Centrais Eletricas Brasileiras's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	412.35	/	-334.668
	=	1.23

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

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (NYSE:EBR.B) » Definitions » Interest Expense

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Traded in Other Exchanges

EBR:USA XELTO:Spain XELTB:Spain L3XA:Germany L3XC:Germany L3XB:Germany L3XA:Germany L3X:Germany ELET6:Brazil ELET5:Brazil ELET3:Brazil EBR:Argentina

Address

Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005

Website

https://www.eletrobras.com

Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines

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