What is American Electric Power Co Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Electric Power Co's interest expense for the
three
months ended in Dec. 2023 was $ -461 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,807 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. American Electric Power Co's Operating Income for the
three
months ended in Dec. 2023 was $ 709 Mil. American Electric Power Co's Interest Expense for the
three
months ended in Dec. 2023 was $ -461 Mil.
American Electric Power Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.54.
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.
American Electric Power Co 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 quarterly data reported by the company within the most recent 12 months, which was $-1,807 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.
American Electric Power Co (NAS:AEP) 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.
American Electric Power Co's Interest Expense for the
three
months ended in Dec. 2023 was $-461 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $709 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $38,172 Mil.
American Electric Power Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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. American Electric Power Co Inc interest coverage is 2.08, which is low.
American Electric Power Co (American Electric Power Co) Business Description
Traded in Other Exchanges
Address
1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Executives
| Daniel G. Stoddard |
director |
5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060 |
| Kate Sturgess |
officer: Controller, CAO |
2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770 |
| Antonio P Smyth |
officer: Executive Vice President |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| David Matthew Feinberg |
officer: Senior Vice President |
C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601 |
| Christian T Beam |
officer: Executive Vice President |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Nicholas K Akins |
officer: Executive Vice President |
AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Ann P Kelly |
officer: Executive Vice President & CFO |
460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406 |
| Greg B Hall |
officer: Executive Vice President |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Peggy Simmons |
officer: Executive Vice President |
212 E 6TH ST, TULSA OK 74119 |
| Raja Sundararajan |
officer: Executive Vice President |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Donna James |
director |
ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215 |
| Therace Risch |
officer: Senior Vice President |
6501 LEGACY DRIVE, PLANO TX 75024 |
| Charles E Zebula |
officer: Executive Vice President |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Lisa M Barton |
officer: Executive Vice President |
AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Paul Iii Chodak |
officer: Executive Vice President |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
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