WGL Holdings (WGL Holdings) Interest Expense : $-71 Mil (TTM As of Mar. 2018)

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What is WGL Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WGL Holdings's interest expense for the three months ended in Mar. 2018 was $ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 was $-71 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. WGL Holdings's Operating Income for the three months ended in Mar. 2018 was $ 194 Mil. WGL Holdings's Interest Expense for the three months ended in Mar. 2018 was $ -8 Mil. WGL Holdings's Interest Coverage for the quarter that ended in Mar. 2018 was 25.43. 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.

WGL Holdings Interest Expense Historical Data

The historical data trend for WGL Holdings'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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WGL Holdings Interest Expense Chart

WGL Holdings Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Interest Expense

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-36.01

-37.74

-50.51

-52.31

-74.03

WGL Holdings Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Interest Expense	Get a 7-Day Free Trial															-14.26	-25.06	-18.47	-20.20	-7.64

WGL Holdings 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 Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71 Mil.

WGL Holdings (NYSE:WGL) 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.

WGL Holdings's Interest Expense for the three months ended in Mar. 2018 was $-8 Mil. Its Operating Income for the three months ended in Mar. 2018 was $194 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2018 was $1,879 Mil.

WGL Holdings's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2018 )	/	Interest Expense (Q: Mar. 2018 )
	=	-1	*	194.173	/	-7.637
	=	25.43

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

WGL Holdings (WGL Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WGL Holdings Inc (NYSE:WGL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wglholdings.com

WGL Holdings' primary operating segment, Washington Gas Light, is a regulated gas distribution utility. This segment serves about 1.1 million customers in Maryland, Virginia, and the Washington, D.C., metro area. The nonregulated energy marketing segment buys and resells natural gas and electricity in competitive markets, in addition to designing, building, and operating energy systems including solar installations. WGL is signed on to some sizable midstream pipeline projects and angles to expand this business around its utility footprint.

Executives

Karen Hardwick	officer: Senior Vice President and GC	1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Dorothy Ramsey	officer: Vice President	1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Linda R Gooden	director	LOCKHEED MARTIN CORPORATION, 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Leslie T Thornton	officer: Senior VP, GC and Corp. Sec.	3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
David M Harris	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Debra L Lee	director	C/O BLACK ENTERTAINMENT, 1 BET PLZ. 1900W PLACE N.W., WASHINGTON DC 20018
Terry D Mccallister	director, officer: Chairman and CEO	1100 H ST NW, WASHINGTON DC 20080
James F Lafond	director	4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Clancy George Patrick Jr	director	1100 H ST NW, WASHINGTON DC 20080
Stephen C Beasley	director	THE WILLIAMS COMPANIES, ONCE WILLIAMS CENTER, SUITE 4700, TULSA OK 77002
Diane J Hoskins	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karen Hastie Williams	director	GANNETT CO INC, 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Degraffenreidt James H Jr	other: Former Chairman and CEO	1100 H ST NW, WASHINGTON DC 20080
Philip A Odeen	director	N/A, N/A OH 45202