Pattern Energy Group (Pattern Energy Group) Interest Expense : $-106.0 Mil (TTM As of Dec. 2019)

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What is Pattern Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pattern Energy Group's interest expense for the three months ended in Dec. 2019 was $ -32.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was $-106.0 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. Pattern Energy Group's Operating Income for the three months ended in Dec. 2019 was $ -8.0 Mil. Pattern Energy Group's Interest Expense for the three months ended in Dec. 2019 was $ -32.0 Mil. Pattern Energy Group did not have earnings to cover the interest expense. 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.

Pattern Energy Group Interest Expense Historical Data

The historical data trend for Pattern Energy Group'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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Pattern Energy Group Interest Expense Chart

Pattern Energy Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

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-70.47

-71.00

-94.00

-103.00

-106.00

Pattern Energy Group Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Interest Expense	Get a 7-Day Free Trial															-27.00	-25.00	-24.00	-25.00	-32.00

Pattern Energy Group 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-106.0 Mil.

Pattern Energy Group (NAS:PEGI) 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.

Pattern Energy Group's Interest Expense for the three months ended in Dec. 2019 was $-32.0 Mil. Its Operating Income for the three months ended in Dec. 2019 was $-8.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was $2,912.0 Mil.

Pattern Energy Group's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Pattern Energy Group did not have earnings to cover the interest expense.

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

Pattern Energy Group (Pattern Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Pattern Energy Group Inc (NAS:PEGI) » Definitions » Interest Expense

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Address

1088 Sansome Street, San Francisco, CA, USA, 94111

Website

https://patternenergy.com

Pattern Energy Group Inc is an independent power company that owns and operates power projects. The company owns a portfolio of wind power projects located in the U.S., Canada, and Chile. Pattern Energy Group's revenue is primarily generated from the sale of electricity to local utilities under long-term, fixed-price agreements. Most of the company's energy generating facilities are located in the U.S. These American sites are also responsible for the vast majority of its revenue. Pattern Energy Group has made efforts to expand its capacity through projects utilizing alternative forms of renewable energy in Japan and Mexico.

Executives

Alan R Batkin	director	399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Browne Lord Of Madingley	director	C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Richard Goodman	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Patricia S. Bellinger	director	712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
R/c Renewable Energy Gp Ii, L.l.c.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Michael B Hoffman	director	1 GREENWICH OFFICE PARK, GREENWICH CT 06831