Opc Energy (XTAE:OPCE) Interest Expense : ₪-320 Mil (TTM As of Mar. 2024)

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What is Opc Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opc Energy's interest expense for the three months ended in Mar. 2024 was ₪ -76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-320 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. Opc Energy's Operating Income for the three months ended in Mar. 2024 was ₪ 5 Mil. Opc Energy's Interest Expense for the three months ended in Mar. 2024 was ₪ -76 Mil. Opc Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 0.07. 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.

Opc Energy Interest Expense Historical Data

The historical data trend for Opc 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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Opc Energy Interest Expense Chart

Opc Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-80.00

-85.00

-181.00

-205.00

-292.00

Opc Energy 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															-44.00	-63.00	-85.00	-96.00	-76.00

Opc 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-320 Mil.

Opc Energy (XTAE:OPCE) 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.

Opc Energy's Interest Expense for the three months ended in Mar. 2024 was ₪-76 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₪5,283 Mil.

Opc Energy'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	*	5	/	-76
	=	0.07

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

Opc Energy (XTAE:OPCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Opc Energy Ltd (XTAE:OPCE) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

121 Menachem Begin Boulevard, Azrieli Tower Sharona, Tel Aviv, ISR

Website

https://www.opc-energy.com

Opc Energy Ltd and its subsidiaries are engaged in the generation and supply of electricity, including, initiation, development, construction, and operation of power plants as well as generation and supply of electricity to private customers and Israel Electric Company. The company reporting segment includes the Generation and supply of electricity. Its projects include Rotem and Hadera.

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