GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spark Infrastructure Group (OTCPK:SFDPF) » Definitions » Interest Expense

Spark Infrastructure Group (Spark Infrastructure Group) Interest Expense : $-91.83 Mil (TTM As of Jun. 2021)


View and export this data going back to 2010. Start your Free Trial

What is Spark Infrastructure Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spark Infrastructure Group's interest expense for the six months ended in Jun. 2021 was $ -48.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-91.83 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. Spark Infrastructure Group's Operating Income for the six months ended in Jun. 2021 was $ -5.45 Mil. Spark Infrastructure Group's Interest Expense for the six months ended in Jun. 2021 was $ -48.41 Mil. Spark Infrastructure 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.


Spark Infrastructure Group Interest Expense Historical Data

The historical data trend for Spark Infrastructure 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.

* Premium members only.

Spark Infrastructure Group Interest Expense Chart

Spark Infrastructure Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.48 -92.37 -86.19 -82.60 -93.62

Spark Infrastructure Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -41.11 -41.82 -46.00 -43.42 -48.41

Spark Infrastructure 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-91.83 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.


Spark Infrastructure Group  (OTCPK:SFDPF) 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.

Spark Infrastructure Group's Interest Expense for the six months ended in Jun. 2021 was $-48.41 Mil. Its Operating Income for the six months ended in Jun. 2021 was $-5.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was $925.46 Mil.

Spark Infrastructure Group's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Spark Infrastructure Group did not have earnings to cover the interest expense.

* 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.


Spark Infrastructure Group (Spark Infrastructure Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
225 George Street, Level 29, Grosvenor Place, Sydney, NSW, AUS, 2000
Spark Infrastructure owns 49% interests in three electricity distribution companies: Powercor, servicing western suburbs of Melbourne; CitiPower, servicing Melbourne's inner suburbs and central business district; and SA Power Networks, servicing South Australia. Powercor and CitiPower are collectively known as Victoria Power Networks. It also owns 15% of TransGrid, the main electricity transmission network in New South Wales. The assets are heavily regulated, falling under the purview of the Australian Energy Regulator.

Spark Infrastructure Group (Spark Infrastructure Group) Headlines

No Headlines