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Edison International (BSP:E1IX34) Interest Expense : R$-8,339 Mil (TTM As of Mar. 2024)


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What is Edison International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Edison International's interest expense for the three months ended in Mar. 2024 was R$ -2,211 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-8,339 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. Edison International's Operating Income for the three months ended in Mar. 2024 was R$ 1,330 Mil. Edison International's Interest Expense for the three months ended in Mar. 2024 was R$ -2,211 Mil. Edison International's Interest Coverage for the quarter that ended in Mar. 2024 was 0.60. 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.


Edison International Interest Expense Historical Data

The historical data trend for Edison International'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.

* Premium members only.

Edison International Interest Expense Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,451.89 -4,640.52 -5,230.78 -6,131.87 -7,898.48

Edison International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,880.31 -1,902.65 -2,138.46 -2,087.32 -2,211.03

Edison International 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-8,339 Mil.

* 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.


Edison International  (BSP:E1IX34) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Edison International's Interest Expense for the three months ended in Mar. 2024 was R$-2,211 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$1,330 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$167,635 Mil.

Edison International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1329.607/-2211.031
=0.60

* 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.

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. Edison International interest coverage is 1.39, which is low.


Edison International (BSP:E1IX34) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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