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Union Electric Co (Union Electric Co) Interest Expense : $-238.00 Mil (TTM As of Mar. 2024)


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What is Union Electric Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Union Electric Co's interest expense for the three months ended in Mar. 2024 was $ -62.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-238.00 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. Union Electric Co's Operating Income for the three months ended in Mar. 2024 was $ 80.00 Mil. Union Electric Co's Interest Expense for the three months ended in Mar. 2024 was $ -62.00 Mil. Union Electric Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.29. 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.

Union Electric Co Interest Expense Historical Data

The historical data trend for Union Electric Co'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.

Union Electric Co Interest Expense Chart

Union Electric Co 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 -178.00 -190.00 -137.00 -213.00 -227.00

Union Electric Co 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 -51.00 -52.00 -63.00 -61.00 -62.00

Union Electric Co 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 $-238.00 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.

Union Electric Co  (OTCPK:UELMO.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.

Union Electric Co's Interest Expense for the three months ended in Mar. 2024 was $-62.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $80.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $6,336.00 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*80/-62
=1.29

* 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.

Union Electric Co (Union Electric Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Electric Co (OTCPK:UELMO.PFD) » Definitions » Interest Expense
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Traded in Other Exchanges
UEPEP.PFD:USA UEPEO.PFD:USA UEPEN.PFD:USA UEPEM.PFD:USA UEPCP.PFD:USA UEPCO.PFD:USA UEPCN.PFD:USA
Address
1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Website
https://www.ameren.com
Union Electric Co is engaged in providing regulated electricity to the business and residential.
Executives
Chonda J Nwamu officer: SVP & Deputy General Counsel 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Fadi M Diya officer: SVP & CNO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Bruce A Steinke officer: SVP, Finance & CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Michael L Moehn officer: Senior Vice President 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gregory L Nelson officer: Sr. VP & General Counsel 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Charles D Naslund officer: Sr Vice President 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Adam C Heflin officer: Sr. Vice Pres. of Subsidiary 1901 CHOUTEAU AVENUE, P. O. BOX 66149, MC-1370, ST. LOUIS MO 63166-6149
Timothy E Herrmann officer: Vice President 1901 CHOUTEAU AVENUE, P.O. BOX 66149, MC-1370, ST. LOUIS MO 63166-6149
Richard J Mark officer: Senior Vice President 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Dennis W Weisenborn officer: Vice President 1901 CHOUTEAU AVENUE, MC-1370, ST. LOUIS MO 63103
Scott A Cisel officer: Vice President 1901 CHOUTEAU AVE, MC 1370, ST LOUIS MO 63103
Mark C Birk officer: Vice President 1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Harvey Saligman director
Douglas R Oberhelman director 100 NE ADAMS STREET, PEORIA IL 61629
Richard A Liddy director

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