Alabama Power Co (Alabama Power Co) Interest Expense : $-352.00 Mil (TTM As of Jun. 2022)

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What is Alabama Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alabama Power Co's interest expense for the three months ended in Jun. 2022 was $ -91.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-352.00 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. Alabama Power Co's Operating Income for the three months ended in Jun. 2022 was $ 555.00 Mil. Alabama Power Co's Interest Expense for the three months ended in Jun. 2022 was $ -91.00 Mil. Alabama Power Co's Interest Coverage for the quarter that ended in Jun. 2022 was 6.10. 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.

Alabama Power Co Interest Expense Historical Data

The historical data trend for Alabama Power 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.

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Alabama Power Co Interest Expense Chart

Alabama Power Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-1,694.00

-323.00

-336.00

-338.00

-340.00

Alabama Power Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Expense	Get a 7-Day Free Trial															-84.00	-84.00	-88.00	-89.00	-91.00

Alabama Power 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-352.00 Mil.

Alabama Power Co (OTCPK:APRCP.PFD) 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.

Alabama Power Co's Interest Expense for the three months ended in Jun. 2022 was $-91.00 Mil. Its Operating Income for the three months ended in Jun. 2022 was $555.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $9,699.00 Mil.

Alabama Power Co's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2022 )	/	Interest Expense (Q: Jun. 2022 )
	=	-1	*	555	/	-91
	=	6.10

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

Alabama Power Co (Alabama Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alabama Power Co (OTCPK:APRCP.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

600 North 18th Street, Birmingham, AL, USA, 35291

Website

http://www.alabamapower.com

Alabama Power Co operates in the utility sector. The company supplies electricity and stellar service to homes, businesses and industries in the southern two-thirds of Alabama.

Alabama Power Co (Alabama Power Co) Headlines

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