CPFL Energia (BSP:CPFE3) Interest Expense : R$-2,206 Mil (TTM As of Dec. 2023)

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What is CPFL Energia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CPFL Energia's interest expense for the three months ended in Dec. 2023 was R$ -565 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-2,206 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. CPFL Energia's Operating Income for the three months ended in Dec. 2023 was R$ -11,196 Mil. CPFL Energia's Interest Expense for the three months ended in Dec. 2023 was R$ -565 Mil. CPFL Energia 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.

CPFL Energia Interest Expense Historical Data

The historical data trend for CPFL Energia'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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CPFL Energia Interest Expense Chart

CPFL Energia Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,150.84

-793.72

-874.99

-1,914.98

-2,205.88

CPFL Energia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-488.08	-556.88	-537.47	-546.86	-564.68

CPFL Energia 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,206 Mil.

CPFL Energia (BSP:CPFE3) 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.

CPFL Energia's Interest Expense for the three months ended in Dec. 2023 was R$-565 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$-11,196 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$21,925 Mil.

CPFL Energia's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

CPFL Energia did not have earnings to cover the interest expense.

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

CPFL Energia (BSP:CPFE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CPFL Energia SA (BSP:CPFE3) » Definitions » Interest Expense

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Address

Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397

Website

https://www.cpfl.com.br

CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.

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