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Empresa Distribuidora y Comercializadora Norte (FRA:PWD1) Interest Expense : €-797 Mil (TTM As of Mar. 2024)


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What is Empresa Distribuidora y Comercializadora Norte Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Empresa Distribuidora y Comercializadora Norte's interest expense for the three months ended in Mar. 2024 was € -124 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-797 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. Empresa Distribuidora y Comercializadora Norte's Operating Income for the three months ended in Mar. 2024 was € -24 Mil. Empresa Distribuidora y Comercializadora Norte's Interest Expense for the three months ended in Mar. 2024 was € -124 Mil. Empresa Distribuidora y Comercializadora Norte did not have earnings to cover the interest expense. 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.


Empresa Distribuidora y Comercializadora Norte Interest Expense Historical Data

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Interest Expense Chart

Empresa Distribuidora y Comercializadora Norte 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 -208.60 -275.04 -1,431.24 -1,536.54 -809.99

Empresa Distribuidora y Comercializadora Norte 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 -693.68 -147.57 -124.32 -401.16 -123.65

Empresa Distribuidora y Comercializadora Norte 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 €-797 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.


Empresa Distribuidora y Comercializadora Norte  (FRA:PWD1) 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.

Empresa Distribuidora y Comercializadora Norte's Interest Expense for the three months ended in Mar. 2024 was €-124 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €140 Mil.

Empresa Distribuidora y Comercializadora Norte's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Empresa Distribuidora y Comercializadora Norte did not have earnings to cover the interest expense.

* 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.


Empresa Distribuidora y Comercializadora Norte (FRA:PWD1) Business Description

Traded in Other Exchanges
Address
6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Empresa Distribuidora y Comercializadora Norte SA is an Investment company and provider of services related to the distribution of electricity, renewable energies, and the development of sustainable technology. The firm's concession area covers the northern portion of the city of Buenos Aires mainly to residential, commercial, industrial, and public service.

Empresa Distribuidora y Comercializadora Norte (FRA:PWD1) Headlines

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