Dubai Electricity & Water Authority PJSC (DFM:DEWA) Interest Expense : د.إ-2,074 Mil (TTM As of Dec. 2024)

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What is Dubai Electricity & Water Authority PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dubai Electricity & Water Authority PJSC's interest expense for the three months ended in Dec. 2024 was د.إ -566 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was د.إ-2,074 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. Dubai Electricity & Water Authority PJSC's Operating Income for the three months ended in Dec. 2024 was د.إ 1,631 Mil. Dubai Electricity & Water Authority PJSC's Interest Expense for the three months ended in Dec. 2024 was د.إ -566 Mil. Dubai Electricity & Water Authority PJSC's Interest Coverage for the quarter that ended in Dec. 2024 was 2.88. 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.

Dubai Electricity & Water Authority PJSC Interest Expense Historical Data

The historical data trend for Dubai Electricity & Water Authority PJSC'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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Dubai Electricity & Water Authority PJSC Interest Expense Chart

Dubai Electricity & Water Authority PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-264.74

-380.90

-637.71

-1,593.28

-2,073.97

Dubai Electricity & Water Authority PJSC Quarterly Data
	Dec15	Dec16	Dec17	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															-208.97	-526.88	-499.83	-481.57	-565.70

Dubai Electricity & Water Authority PJSC 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 د.إ-2,074 Mil.

Dubai Electricity & Water Authority PJSC (DFM:DEWA) 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.

Dubai Electricity & Water Authority PJSC's Interest Expense for the three months ended in Dec. 2024 was د.إ-566 Mil. Its Operating Income for the three months ended in Dec. 2024 was د.إ1,631 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was د.إ28,854 Mil.

Dubai Electricity & Water Authority PJSC'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	*	1630.822	/	-565.7
	=	2.88

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

Dubai Electricity & Water Authority PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dubai Electricity & Water Authority PJSC (DFM:DEWA) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Sheikh Rashid Road, Umm Hurair 2, P.O. Box 564, Near Wafi Mall, Happiness Center Zaabeel East, Dubai, ARE

Website

https://www.dewa.gov.ae

Dubai Electricity & Water Authority PJSC is engaged in water desalination and distribution and its generation, transmission, and distribution of electricity, throughout the Emirate of Dubai. The group is organized into four segments; DEWA is engaged in the generation, transmission, and distribution of electricity and water desalination, transmission and distribution to residential, commercial, industrial, and government; EMPOWER is engaged in the provision of district cooling, maintenance of central cooling plants and manufacturing and sale of insulated pipes; IWPP is engaged in the development, operation and maintenance of power and water plants; and Others operations include purification and sale of potable water, and other. It generates maximum revenue from the DEWA segment.

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