Capital Power (Capital Power) Interest Expense : $-121 Mil (TTM As of Dec. 2023)

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What is Capital Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Capital Power's interest expense for the three months ended in Dec. 2023 was $ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-121 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. Capital Power's Operating Income for the three months ended in Dec. 2023 was $ 102 Mil. Capital Power's Interest Expense for the three months ended in Dec. 2023 was $ -34 Mil. Capital Power's Interest Coverage for the quarter that ended in Dec. 2023 was 2.98. 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.

Capital Power Interest Expense Historical Data

The historical data trend for Capital Power'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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Capital Power Interest Expense Chart

Capital Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-104.79

-129.60

-109.38

-103.06

-121.50

Capital Power 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															-20.61	-35.08	-25.59	-25.87	-34.29

Capital Power 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 $-121 Mil.

Capital Power (OTCPK:CPXWF) 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.

Capital Power's Interest Expense for the three months ended in Dec. 2023 was $-34 Mil. Its Operating Income for the three months ended in Dec. 2023 was $102 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,180 Mil.

Capital Power'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	*	102.117	/	-34.287
	=	2.98

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

Capital Power (Capital Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Capital Power Corp (OTCPK:CPXWF) » Definitions » Interest Expense

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Address

10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9

Website

https://www.capitalpower.com

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (Capital Power) Headlines

From GuruFocus

Capital Power declares dividends for its Common and Preference shares

By GlobeNewswire GlobeNewswire • 10-26-2018

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Capital Power announces its inaugural Green Subordinated Notes offering

By GlobeNewswire GlobeNewswire • 08-19-2022

Capital Power declares dividends for its Common and Preference shares

By GlobeNewswire GlobeNewswire • 02-15-2019

Capital Power announces C$850 million medium term notes offering

By GlobeNewswire • 11-29-2023

Capital Power hosts 2024 guidance webcast on January 16

By GlobeNewswire • 01-15-2024

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By GlobeNewswire • 01-12-2024