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Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Interest Expense : R$-217 Mil (TTM As of Dec. 2024)


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What is Equatorial MaranhaoDistribuidora de Energia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Equatorial MaranhaoDistribuidora de Energia's interest expense for the three months ended in Dec. 2024 was R$ -74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-217 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. Equatorial MaranhaoDistribuidora de Energia's Operating Income for the three months ended in Dec. 2024 was R$ 294 Mil. Equatorial MaranhaoDistribuidora de Energia's Interest Expense for the three months ended in Dec. 2024 was R$ -74 Mil. Equatorial MaranhaoDistribuidora de Energia's Interest Coverage for the quarter that ended in Dec. 2024 was 4.00. 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.

Equatorial MaranhaoDistribuidora de Energia Interest Expense Historical Data

The historical data trend for Equatorial MaranhaoDistribuidora de 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.

* Premium members only.

Equatorial MaranhaoDistribuidora de Energia Interest Expense Chart

Equatorial MaranhaoDistribuidora de Energia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -105.47 -99.96 -133.17 -144.85 -216.89

Equatorial MaranhaoDistribuidora de Energia Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -46.55 -40.03 -47.01 -56.20 -73.68

Equatorial MaranhaoDistribuidora de 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-217 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.

Equatorial MaranhaoDistribuidora de Energia  (BSP:EQMA3B) 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.

Equatorial MaranhaoDistribuidora de Energia's Interest Expense for the three months ended in Dec. 2024 was R$-74 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$294 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$3,636 Mil.

Equatorial MaranhaoDistribuidora de Energia's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*294.401/-73.681
=4.00

* 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.

Equatorial MaranhaoDistribuidora de Energia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Equatorial MaranhaoDistribuidora de Energia SA (BSP:EQMA3B) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Alameda A, Qd SQS, No. 100, Quiteandinha Altos do Calhau, Sao Luis, MA, BRA, 65070-900
Website
https://www.equatorialenergia.com.br
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.

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