Bloom Energy (Bloom Energy) Interest Expense : $-108 Mil (TTM As of Dec. 2023)

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What is Bloom Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bloom Energy's interest expense for the three months ended in Dec. 2023 was $ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-108 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. Bloom Energy's Operating Income for the three months ended in Dec. 2023 was $ 13 Mil. Bloom Energy's Interest Expense for the three months ended in Dec. 2023 was $ -15 Mil. Bloom Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 0.89. 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.

Bloom Energy Interest Expense Historical Data

The historical data trend for Bloom 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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Bloom Energy Interest Expense Chart

Bloom Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-94.24

-78.79

-69.03

-53.49

-108.30

Bloom Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-12.49	-11.75	-13.95	-68.04	-14.56

Bloom 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-108 Mil.

Bloom Energy (NYSE:BE) 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.

Bloom Energy's Interest Expense for the three months ended in Dec. 2023 was $-15 Mil. Its Operating Income for the three months ended in Dec. 2023 was $13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,394 Mil.

Bloom Energy'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	*	12.938	/	-14.563
	=	0.89

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

Bloom Energy (Bloom Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bloom Energy Corp (NYSE:BE) » Definitions » Interest Expense

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Traded in Other Exchanges

BE:Mexico 1ZB:Germany 1ZB:Germany 1ZB:Germany BE:Austria

Address

4353 North First Street, San Jose, CA, USA, 95134

Website

https://www.bloomenergy.com

Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and South Korea.

Executives

Guillermo Brooks	officer: EVP, Sales - Americas	4353 NORTH FIRST STREET, SAN JOSE CA 95134
Shawn Marie Soderberg	officer: EVP, GC & Secretary	1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Sharelynn Faye Moore	officer: EVP, Chief Marketing Officer	424 W. HIGH DRIVE, SPOKANE WA 99203
Cynthia J Warner	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kr Sridhar	director, officer: Chairman & CEO	1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Glen Griffiths	officer: EVP, Services	4353 NORTH FIRST STREET, SAN JOSE CA 95134
Gregory D Cameron	officer: See Remarks	4353 NORTH FIRST STREET, SAN JOSE CA 95134
Eddy Zervigon	director	1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Jeffrey R Immelt	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John T Chambers	director	170 W. TASMAN DR., SAN JOSE CA 95134-1706
Michael J Boskin	director	C/O RIPPLEWOOD HOLDINGS LLC, ONE ROCKERFELLER PLAZA, NEW YORK NY 10020
Mary K Bush	director	3509 WOODBINE STREET, CHEVY CHASE MD 20815
Swaminathan Venkataraman	officer: EVP of Engineering and CTO	1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Sk Ecoplant Co., Ltd.	10 percent owner	19 YULGOK-RO 2-GIL, JONGNO-GU, SEOUL M5 03149
Susan Seilheimer Brennan	officer: EVP and COO	1299 ORLEANS DRIVE, SUNNYVALE CA 94089