Edison International (Edison International) Interest Expense : $-1,612 Mil (TTM As of Dec. 2023)

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What is Edison International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Edison International's interest expense for the three months ended in Dec. 2023 was $ -426 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,612 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. Edison International's Operating Income for the three months ended in Dec. 2023 was $ 792 Mil. Edison International's Interest Expense for the three months ended in Dec. 2023 was $ -426 Mil. Edison International's Interest Coverage for the quarter that ended in Dec. 2023 was 1.86. 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.

Edison International Interest Expense Historical Data

The historical data trend for Edison International'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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Edison International Interest Expense Chart

Edison International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-841.00

-902.00

-925.00

-1,169.00

-1,612.00

Edison International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-350.00	-361.00	-392.00	-433.00	-426.00

Edison International 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 $-1,612 Mil.

Edison International (NYSE:EIX) 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.

Edison International's Interest Expense for the three months ended in Dec. 2023 was $-426 Mil. Its Operating Income for the three months ended in Dec. 2023 was $792 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $31,417 Mil.

Edison International'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	*	792	/	-426
	=	1.86

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. Edison International interest coverage is 1.63, which is low.

Edison International (Edison International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison International (NYSE:EIX) » Definitions » Interest Expense

Comparable Companies

WEC XEL DTE ED ETR FE PEG ES PPL AEE NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC BOM:532898

Traded in Other Exchanges

EIX1:Mexico EIX:Germany

Address

2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770

Website

https://www.edison.com

Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

Executives

Caroline Choi	officer: Senior Vice President	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan	officer: VP, CAO and Controller	1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
J Andrew Murphy	officer: Senior Vice President	211 CARNEGIE CENTER, PRINCETON NJ 08540
Chang Vanessa C L	director	P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess	officer: Vice President and Controller	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Natalie K Schilling	officer: SENIOR VICE PRESIDENT	2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Marcy L. Reed	director	84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson	officer: Executive Vice President, SCE	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Peter J. Taylor	director	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent	director	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith	director	6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell	officer: Executive Vice President, SCE	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn	director	C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Ronald L Litzinger	officer: Chairman, Pres. & CEO of EMG	P.O. BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Timothy O'toole	director	55 BROADWAY, LONDON X0 SW1H OBD