Entergy (Entergy) Interest Expense : $-1,006 Mil (TTM As of Dec. 2023)

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What is Entergy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Entergy's interest expense for the three months ended in Dec. 2023 was $ -254 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,006 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. Entergy's Operating Income for the three months ended in Dec. 2023 was $ 261 Mil. Entergy's Interest Expense for the three months ended in Dec. 2023 was $ -254 Mil. Entergy's Interest Coverage for the quarter that ended in Dec. 2023 was 1.03. 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.

Entergy Interest Expense Historical Data

The historical data trend for Entergy'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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Entergy Interest Expense Chart

Entergy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-742.43

-785.66

-834.69

-987.82

-1,006.41

Entergy 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															-193.97	-245.74	-250.87	-255.44	-254.36

Entergy 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 $-1,006 Mil.

Entergy (NYSE:ETR) 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.

Entergy's Interest Expense for the three months ended in Dec. 2023 was $-254 Mil. Its Operating Income for the three months ended in Dec. 2023 was $261 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $23,009 Mil.

Entergy'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	*	261.158	/	-254.358
	=	1.03

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. Entergy Corp interest coverage is 2.64, which is low.

Entergy (Entergy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Entergy Corp (NYSE:ETR) » Definitions » Interest Expense

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Traded in Other Exchanges

ETY:Germany

Address

639 Loyola Avenue, New Orleans, LA, USA, 70113

Website

https://www.entergy.com

Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of rate-regulated utility-owned power generation capacity. Entergy was the second-largest nuclear owner in the U.S. before it began retiring and selling its plants in the Northeast in 2014.

Executives

Marcus V Brown	officer: Senior V.P. & General Counsel	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FL., NEW ORLEANS LA 70113
Deanna D. Rodriguez	other: "Officer" Under Sec. 16 Rules	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Alexis M Herman	director	1501 M STREET N W SUITE 1175, WASHINGTON DC 20005
Gina F. Adams	director	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
John H. Black	director	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Anastasia Minor	other: "Officer" Under Sec. 16 Rules	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Haley Fisackerly	other: "Officer" Under Sec 16 Rules
Jason Chapman	other: "Officer" Under Sec. 16 Rules	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Reginald T Jackson	officer: SVP, Chief Accounting Officer	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Kimberly Cook-nelson	officer: EVP, Chief Nuclear Officer	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Paul D Hinnenkamp	officer: SVP & Chief Operating Officer	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Norgeot Peter S Jr	officer: SVP, Transformation	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVENUE, 26TH FLOOR, NEW ORLEANS LA 70113
Leo P Denault	officer: Executive V.P. and CFO
May Phillip R Jr	other: "Officer" Under Sec. 16 Rules	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Andrew S Marsh	officer: Executive Vice President & CFO	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113