Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Interest Expense : R$-802 Mil (TTM As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Transmissora Alianca de Energia Eletrica Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transmissora Alianca de Energia Eletrica's interest expense for the three months ended in Mar. 2024 was R$ -198 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-802 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. Transmissora Alianca de Energia Eletrica's Operating Income for the three months ended in Mar. 2024 was R$ 553 Mil. Transmissora Alianca de Energia Eletrica's Interest Expense for the three months ended in Mar. 2024 was R$ -198 Mil. Transmissora Alianca de Energia Eletrica's Interest Coverage for the quarter that ended in Mar. 2024 was 2.79. 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.

Transmissora Alianca de Energia Eletrica Interest Expense Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Interest Expense Chart

Transmissora Alianca de Energia Eletrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-231.79

-323.85

-420.13

-622.56

-782.38

Transmissora Alianca de Energia Eletrica 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															-186.23	-201.02	-205.59	-197.31	-198.10

Transmissora Alianca de Energia Eletrica 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$-802 Mil.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) 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.

Transmissora Alianca de Energia Eletrica's Interest Expense for the three months ended in Mar. 2024 was R$-198 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$553 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$7,368 Mil.

Transmissora Alianca de Energia Eletrica'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	*	553.478	/	-198.102
	=	2.79

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

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE4) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TAEE3:Brazil TAEE11:Brazil

Address

Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010

Website

https://www.taesa.com.br

Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Headlines

No Headlines