Romande Energie Holding (LTS:0QQG) Interest Expense : CHF-4.7 Mil (TTM As of Dec. 2023)

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What is Romande Energie Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Romande Energie Holding's interest expense for the six months ended in Dec. 2023 was CHF -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-4.7 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. Romande Energie Holding's Operating Income for the six months ended in Dec. 2023 was CHF 38.6 Mil. Romande Energie Holding's Interest Expense for the six months ended in Dec. 2023 was CHF -2.3 Mil. Romande Energie Holding's Interest Coverage for the quarter that ended in Dec. 2023 was 16.74. 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.

Romande Energie Holding Interest Expense Historical Data

The historical data trend for Romande Energie Holding'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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Romande Energie Holding Interest Expense Chart

Romande Energie Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.05

-3.35

-2.13

-3.18

-4.68

Romande Energie Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.09	-1.11	-2.07	-2.37	-2.31

Romande Energie Holding 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 semi-annually data reported by the company within the most recent 12 months, which was CHF-4.7 Mil.

Romande Energie Holding (LTS:0QQG) 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.

Romande Energie Holding's Interest Expense for the six months ended in Dec. 2023 was CHF-2.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF38.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF188.9 Mil.

Romande Energie Holding'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	*	38.628	/	-2.307
	=	16.74

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

Romande Energie Holding (LTS:0QQG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Romande Energie Holding SA (LTS:0QQG) » Definitions » Interest Expense

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REHNz:UK REHN:Switzerland

Address

Rue de Lausanne 53, P.O. Box 950, Morges 1, CHE, CH-1110

Website

https://investor.romande-energie.ch

Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets.

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