Northwest Natural Holding Co (Northwest Natural Holding Co) Interest Expense

: $-77 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. Northwest Natural Holding Co's interest expense for the three months ended in Dec. 2023 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-77 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. Northwest Natural Holding Co's Operating Income for the three months ended in Dec. 2023 was $ 75 Mil. Northwest Natural Holding Co's Interest Expense for the three months ended in Dec. 2023 was $ -20 Mil. Northwest Natural Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 was 3.78. 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.

Northwest Natural Holding Co Interest Expense Historical Data

The historical data trend for Northwest Natural Holding Co'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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Northwest Natural Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-42.69

-43.05

-44.49

-53.25

-76.57

Northwest Natural Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-17.09	-18.30	-18.97	-19.41	-19.89

Northwest Natural Holding Co 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 $-77 Mil.

Northwest Natural Holding Co (NYSE:NWN) 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.

Northwest Natural Holding Co's Interest Expense for the three months ended in Dec. 2023 was $-20 Mil. Its Operating Income for the three months ended in Dec. 2023 was $75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,503 Mil.

Northwest Natural Holding Co'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	*	75.167	/	-19.89
	=	3.78

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. Northwest Natural Holding Co interest coverage is 2.42, which is low.

Northwest Natural Holding Co (Northwest Natural Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Northwest Natural Holding Co (NYSE:NWN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NN3:Germany

Address

250 S.W. Taylor Street, Portland, OR, USA, 97204

Website

https://www.nwnaturalholdings.com

Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 7,95,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.

Executives

Jane L Peverett	director	1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
David A. Weber	officer: Pres. & CEO of Issuer's Sub.	250 SW TAYLOR ST, PORTLAND OR 97204
Joseph S Karney	officer: VP, Eng & Utility Operations, other: NW Natural	250 SW TAYLOR ST, PORTLAND OR 97204
David Hugo Anderson	director, officer: President & CEO
Jon G Huddleston	officer: VP, Eng. & Utility Operations	250 SW TAYLOR ST, PORTLAND OR 97204
Zachary D Kravitz	officer: VP, Rates & Regulatory, other: NW Natural	250 SW TAYLOR ST, PORTLAND OR 97204
Sandra Mcdonough	director	250 SW TAYLOR ST, PORTLAND OR 97204
James R Downing	officer: VP and CIO	250 SW TAYLOR ST, PORTLAND OR 97204
Malia H Wasson	director	220 NW SECOND AVE, PORTLAND OR 97209
Kimberly A. Heiting	officer: SVP Comm. & Chf. Mktg. Officer	250 SW TAYLOR ST, PORTLAND OR 97204
Shawn M Filippi	officer: VP, CCO & Corp. Secretary	250 SW TAYLOR ST, PORTLAND OR 97204
C Scott Gibson	director	PMB 316, PO BOX 30,000, JACKSON WY 83002
Karen Lee	director	250 SW TAYLOR ST, PORTLAND OR 97204
Nathan I Partain	director	DNP SELECT INCOME FUND INC, 55 E. MONROE, STE. 3600, CHICAGO IL 60603
Justin Palfreyman	officer: VP Strategy & Bus Dev	250 SW TAYLOR ST, PORTLAND OR 97204