Light (BSP:LIGT3) Interest Expense : R$-232 Mil (TTM As of Dec. 2024)

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What is Light Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Light's interest expense for the three months ended in Dec. 2024 was R$ 403 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-232 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. Light's Operating Income for the three months ended in Dec. 2024 was R$ 585 Mil. Light's Interest Expense for the three months ended in Dec. 2024 was R$ 403 Mil. Light 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.

Light Interest Expense Historical Data

The historical data trend for Light'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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Light Interest Expense Chart

Light Annual Data

Trend

Dec15

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Dec24

Interest Expense

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-543.36

-698.41

-931.81

-813.62

-232.04

Light 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															-189.90	-201.70	-246.24	-187.36	403.13

Light 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$-232 Mil.

Light (BSP:LIGT3) 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.

Light's Interest Expense for the three months ended in Dec. 2024 was R$403 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$585 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$9,035 Mil.

Light's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

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

Light Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (BSP:LIGT3) » Definitions » Interest Expense

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LGSXY:USA

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.

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