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Elia Group/NV (CHIX:ELIB) Interest Expense : €-236 Mil (TTM As of Dec. 2024)


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What is Elia Group/NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elia Group/NV's interest expense for the six months ended in Dec. 2024 was € -103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-236 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. Elia Group/NV's Operating Income for the six months ended in Dec. 2024 was € 341 Mil. Elia Group/NV's Interest Expense for the six months ended in Dec. 2024 was € -103 Mil. Elia Group/NV's Interest Coverage for the quarter that ended in Dec. 2024 was 3.29. 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.

Elia Group/NV Interest Expense Historical Data

The historical data trend for Elia Group/NV'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.

Elia Group/NV Interest Expense Chart

Elia Group/NV 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 -120.30 -112.80 -113.90 -163.70 -235.80

Elia Group/NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -69.30 -80.90 -82.80 -132.40 -103.40

Elia Group/NV 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 semi-annually data reported by the company within the most recent 12 months, which was €-236 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.

Elia Group/NV  (CHIX:ELIb) 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.

Elia Group/NV's Interest Expense for the six months ended in Dec. 2024 was €-103 Mil. Its Operating Income for the six months ended in Dec. 2024 was €341 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €13,969 Mil.

Elia Group/NV'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*340.6/-103.4
=3.29

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Elia Group SA/NV interest coverage is 2.26, which is low.

Elia Group/NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (CHIX:ELIb) » Definitions » Interest Expense
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Traded in Other Exchanges
ELIAF:USA 0NTU:UK E4S:Germany ELI:Belgium ELIA:Austria
Address
Boulevard de l’Empereur 20, Brussels, BEL, 1000
Website
https://www.eliagroup.eu
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house mainly of the company's infrastructure investments. The company's operating segments are 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link.

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