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Great Plains Energy (Great Plains Energy) Interest Expense : $-272.20 Mil (TTM As of Mar. 2018)


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What is Great Plains Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Plains Energy's interest expense for the three months ended in Mar. 2018 was $ -48.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 was $-272.20 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. Great Plains Energy's Operating Income for the three months ended in Mar. 2018 was $ 89.20 Mil. Great Plains Energy's Interest Expense for the three months ended in Mar. 2018 was $ -48.10 Mil. Great Plains Energy's Interest Coverage for the quarter that ended in Mar. 2018 was 1.85. 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.


Great Plains Energy Interest Expense Historical Data

The historical data trend for Great Plains 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.

* Premium members only.

Great Plains Energy Interest Expense Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -198.40 -188.50 -199.30 -161.50 -290.70

Great Plains Energy Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.60 -145.30 -30.90 -47.90 -48.10

Great Plains 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-272.20 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.


Great Plains Energy  (NYSE:GXPPRECL.PFD) 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.

Great Plains Energy's Interest Expense for the three months ended in Mar. 2018 was $-48.10 Mil. Its Operating Income for the three months ended in Mar. 2018 was $89.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2018 was $3,608.50 Mil.

Great Plains Energy's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2018 )/Interest Expense (Q: Mar. 2018 )
=-1*89.2/-48.1
=1.85

* 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.


Great Plains Energy (Great Plains Energy) Business Description

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Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

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