Eneva (ENEVY) Interest Expense : $-366 Mil (TTM As of Mar. 2024)

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What is Eneva Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eneva's interest expense for the three months ended in Mar. 2024 was $ -88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-366 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. Eneva's Operating Income for the three months ended in Mar. 2024 was $ 149 Mil. Eneva's Interest Expense for the three months ended in Mar. 2024 was $ -88 Mil. Eneva's Interest Coverage for the quarter that ended in Mar. 2024 was 1.69. 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.

Eneva Interest Expense Historical Data

The historical data trend for Eneva'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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Eneva Interest Expense Chart

Eneva Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-110.48

-59.96

-39.41

-181.01

-365.89

Eneva Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-83.63	-87.69	-94.31	-95.54	-88.12

Eneva 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-366 Mil.

Eneva (OTCPK:ENEVY) 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.

Eneva's Interest Expense for the three months ended in Mar. 2024 was $-88 Mil. Its Operating Income for the three months ended in Mar. 2024 was $149 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $4,300 Mil.

Eneva's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	148.566	/	-88.123
	=	1.69

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

Eneva (ENEVY) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Eneva SA (OTCPK:ENEVY) » Definitions » Interest Expense

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ENEV3:Brazil

Address

Praca Mahatma Gandhi, 14, 9 Andar, Centro, Rio de Janeiro, RJ, BRA, 22210903

Website

http://www.eneva.com.br

Eneva SA is a Brazilian energy utilities company involved in the generation and distribution of electricity, with complementary businesses in natural gas exploration and production. The company generates electricity through various resources, including coal, natural gas, thermoelectric plants, and renewable energy sources, such as solar energy. Furthermore, the company mines coal in Columbia, operates thermoelectric plants in Chile and Brazil, and extracts natural gas from Brazil. The firm primarily operates through its Power Generation, Energy Trading, Natural Resources, and Corporate segments.

Eneva (ENEVY) Headlines

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Q1 2024 Eneva SA Earnings Call Transcript

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