Terna SpA (Terna SpA) Interest Expense : $-126 Mil (TTM As of Sep. 2023)

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What is Terna SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Terna SpA's interest expense for the three months ended in Sep. 2023 was $ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-126 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. Terna SpA's Operating Income for the three months ended in Sep. 2023 was $ 364 Mil. Terna SpA's Interest Expense for the three months ended in Sep. 2023 was $ -24 Mil. Terna SpA's Interest Coverage for the quarter that ended in Sep. 2023 was 15.42. 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.

Terna SpA Interest Expense Historical Data

The historical data trend for Terna SpA'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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Terna SpA Interest Expense Chart

Terna SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-93.89

-96.11

-104.07

-119.17

-128.35

Terna SpA 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															-53.92	-34.37	-27.84	-23.59	-39.80

Terna SpA 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 $-126 Mil.

Terna SpA (OTCPK:TEZNY) 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.

Terna SpA's Interest Expense for the three months ended in Sep. 2023 was $-24 Mil. Its Operating Income for the three months ended in Sep. 2023 was $364 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $10,374 Mil.

Terna SpA'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	*	363.607	/	-23.586
	=	15.42

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

Terna SpA (Terna SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Terna SpA (OTCPK:TEZNY) » Definitions » Interest Expense

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Traded in Other Exchanges

TERRF:USA TRN:Italy TRNm:UK 0LBM:UK UEI:Germany

Address

Viale Egidio Galbani, 70, Rome, ITA, 00156

Website

https://www.terna.it

Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.

Terna SpA (Terna SpA) Headlines

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Terna SpA's Dividend Analysis

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