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Sunrun (Sunrun) Interest Expense : $-702 Mil (TTM As of Mar. 2024)


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What is Sunrun Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunrun's interest expense for the three months ended in Mar. 2024 was $ -192 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-702 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. Sunrun's Operating Income for the three months ended in Mar. 2024 was $ -183 Mil. Sunrun's Interest Expense for the three months ended in Mar. 2024 was $ -192 Mil. Sunrun 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.


Sunrun Interest Expense Historical Data

The historical data trend for Sunrun'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.

Sunrun Interest Expense Chart

Sunrun Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -174.25 -230.60 -327.70 -445.82 -652.99

Sunrun Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -142.70 -157.18 -171.29 -181.83 -192.16

Sunrun 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-702 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.


Sunrun  (NAS:RUN) 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.

Sunrun's Interest Expense for the three months ended in Mar. 2024 was $-192 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-183 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $11,230 Mil.

Sunrun's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Sunrun 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.


Sunrun (Sunrun) Business Description

Traded in Other Exchanges
Address
225 Bush Street, Suite 1400, San Francisco, CA, USA, 94104
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.
Executives
Danny Abajian officer: Chief Financial Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Paul S. Dickson officer: Chief Revenue Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Edward Harris Fenster director, officer: Chairman C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Jeanna Steele officer: General Counsel C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Lynn Michelle Jurich director, officer: Chief Executive Officer C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Mary Powell director C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Michelle Philpot officer: Chief Accounting Officer KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Thomas Arthur Vonreichbauer officer: Chief Financial Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Manjula Talreja director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Christopher Dawson officer: Chief Operating Officer C/O SUNRUN INC., 595 MARKET STREET, 29TH FLOOR, SAN FRANCISCO CA 94105
Leslie A Dach director 702 S.W. 8TH STREET, BENTONVILLE AR 72716-0215
Sonita Lontoh director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
David Bywater director, officer: CEO of Vivint Solar, Inc. 1850 WEST ASHTON BLVD, LEHI UT 84043
Gerald Alan Risk director C/O SUNRUN INC., SAN FRANCISCO CA 94105
Alan Ferber director