Xcel Energy (Xcel Energy) Interest Expense

: $-1,020 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. Xcel Energy's interest expense for the three months ended in Dec. 2023 was $ -274 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,020 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. Xcel Energy's Operating Income for the three months ended in Dec. 2023 was $ 648 Mil. Xcel Energy's Interest Expense for the three months ended in Dec. 2023 was $ -274 Mil. Xcel Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 2.36. 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.

Xcel Energy Interest Expense Historical Data

The historical data trend for Xcel Energy'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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Xcel Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-710.00

-770.00

-816.00

-925.00

-1,004.00

Xcel Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-263.00	-243.00	-256.00	-247.00	-274.00

Xcel Energy 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 $-1,020 Mil.

Xcel Energy (NAS:XEL) 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.

Xcel Energy's Interest Expense for the three months ended in Dec. 2023 was $-274 Mil. Its Operating Income for the three months ended in Dec. 2023 was $648 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $25,951 Mil.

Xcel Energy'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	*	648	/	-274
	=	2.36

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. Xcel Energy Inc interest coverage is 2.54, which is low.

Xcel Energy (Xcel Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xcel Energy Inc (NAS:XEL) » Definitions » Interest Expense

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Traded in Other Exchanges

NRN:Germany

Address

414 Nicollet Mall, Minneapolis, MN, USA, 55401

Website

https://www.xcelenergy.com

Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.

Executives

Robert Frenzel	director, officer: Chairman, President and CEO	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Amanda J Rome	officer: EVP, Group President Utilities	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Timothy A Welsh	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Netha N. Johnson	director	3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Patricia L Kampling	director	PO BOX 2568, MADISON WI 53701
Megan D Burkhart	director	1717 MAIN STREET, DALLAS TX 75201
George J Kehl	director	414 NICOLLET MALL, MINNEAPOLIS MN 55401
James T Prokopanko	director	25990 BIRCH BLUFF ROAD, EXCELSIOR MN 55331
Lynn Casey	director	414 NICOLLET MALL, MINNEAPOLIS MN 55401
Kim Williams	director	C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Richard T Obrien	director	6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Charles G Pardee	director	10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Daniel Yohannes	director	414 NICOLLET MALL, MINNEAPOLIS MN 55014
Christopher J. Policinski	director	4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126
Brett C Carter	officer: EVP, Group President Utilitie, other: Chief Customer Officer	414 NICOLLET MALL, 401-9, MINNEAPOLIS MN 55401