Renova Energia (BSP:RNEW3) Interest Expense : R$-140.9 Mil (TTM As of Dec. 2024)

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What is Renova Energia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Renova Energia's interest expense for the three months ended in Dec. 2024 was R$ -39.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-140.9 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. Renova Energia's Operating Income for the three months ended in Dec. 2024 was R$ -76.2 Mil. Renova Energia's Interest Expense for the three months ended in Dec. 2024 was R$ -39.7 Mil. Renova 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.

Renova Energia Interest Expense Historical Data

The historical data trend for Renova 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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Renova Energia Interest Expense Chart

Renova Energia Annual Data

Trend

Dec15

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Dec17

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Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-72.85

-291.42

-218.10

-140.96

-140.89

Renova 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															-29.20	-32.56	-34.06	-34.62	-39.66

Renova 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$-140.9 Mil.

Renova Energia (BSP:RNEW3) 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.

Renova Energia's Interest Expense for the three months ended in Dec. 2024 was R$-39.7 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$-76.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$1,134.8 Mil.

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

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

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

Renova Energia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Renova Energia SA (BSP:RNEW3) » Definitions » Interest Expense

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RNEW11:Brazil RNEW4:Brazil

Address

Avenue Das Nacoes Unidas, No. 10,989, 8th floor set 82, Brooklin Paulista, Sao Paulo, SP, BRA

Website

https://www.renovaenergia.com.br

Renova Energia SA is a Brazilian energy company engaged in the development, implementation and operation of power generation projects from renewable sources -wind, small hydroelectric power plants (PCHs) and solar, and trading of energy and related activities. The company is responsible for prospecting, developing, and implementing projects to generate power. The company has operating segments namely: Wind, Solar, Trading and Administrative. It derives maximum revenue from Trading segment.

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