EDP - Energias de Portugal (EDP - Energias de Portugal) Interest Expense

: $-1,653 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EDP - Energias de Portugal's interest expense for the three months ended in Dec. 2023 was $ -344 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,653 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. EDP - Energias de Portugal's Operating Income for the three months ended in Dec. 2023 was $ 489 Mil. EDP - Energias de Portugal's Interest Expense for the three months ended in Dec. 2023 was $ -344 Mil. EDP - Energias de Portugal's Interest Coverage for the quarter that ended in Dec. 2023 was 1.42. 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.

EDP - Energias de Portugal Interest Expense Historical Data

The historical data trend for EDP - Energias de Portugal'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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EDP - Energias de Portugal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-889.02

-841.94

-759.62

-1,125.61

-1,281.89

EDP - Energias de Portugal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-309.06	-329.63	-567.66	-411.16	-344.43

EDP - Energias de Portugal 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,653 Mil.

EDP - Energias de Portugal (OTCPK:EDPFY) 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.

EDP - Energias de Portugal's Interest Expense for the three months ended in Dec. 2023 was $-344 Mil. Its Operating Income for the three months ended in Dec. 2023 was $489 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $20,228 Mil.

EDP - Energias de Portugal'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	*	488.866	/	-344.427
	=	1.42

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. EDP - Energias de Portugal SA interest coverage is 1.39, which is low.

EDP - Energias de Portugal (EDP - Energias de Portugal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EDP - Energias de Portugal SA (OTCPK:EDPFY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ELCPF:USA EDP:Portugal EDPu:UK 0OF7:UK EDP:Germany

Address

Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300

Website

https://www.edp.com

EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (EDP - Energias de Portugal) Headlines

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