GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Distribuidora y Comercializadora Norte SA (FRA:PWD1) » Definitions » Interest Expense

Empresa Distribuidora y Comercializadora Norte (FRA:PWD1) Interest Expense : €-712 Mil (TTM As of Jun. 2024)


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What is Empresa Distribuidora y Comercializadora Norte Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Empresa Distribuidora y Comercializadora Norte's interest expense for the three months ended in Jun. 2024 was € -62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-712 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. Empresa Distribuidora y Comercializadora Norte's Operating Income for the three months ended in Jun. 2024 was € 46 Mil. Empresa Distribuidora y Comercializadora Norte's Interest Expense for the three months ended in Jun. 2024 was € -62 Mil. Empresa Distribuidora y Comercializadora Norte's Interest Coverage for the quarter that ended in Jun. 2024 was 0.74. 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.

Empresa Distribuidora y Comercializadora Norte Interest Expense Historical Data

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Interest Expense Chart

Empresa Distribuidora y Comercializadora Norte Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -208.60 -275.04 -1,431.24 -1,536.54 -809.99

Empresa Distribuidora y Comercializadora Norte Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -548.26 -124.32 -401.16 -123.65 -62.47

Empresa Distribuidora y Comercializadora Norte 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-712 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.

Empresa Distribuidora y Comercializadora Norte  (FRA:PWD1) 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.

Empresa Distribuidora y Comercializadora Norte's Interest Expense for the three months ended in Jun. 2024 was €-62 Mil. Its Operating Income for the three months ended in Jun. 2024 was €46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €89 Mil.

Empresa Distribuidora y Comercializadora Norte's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*45.98/-62.47
=0.74

* 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.

Empresa Distribuidora y Comercializadora Norte Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Distribuidora y Comercializadora Norte SA (FRA:PWD1) » Definitions » Interest Expense
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BUE:TRAN BUE:CEPU BUE:CECO2 NEE SO DUK LSE:NG. PCG AEP D BOM:532555 PEG EXC ED XEL BOM:532898 EIX WEC ETR SHSE:601985
Traded in Other Exchanges
EDN:USA PWD1:Germany EDN:Argentina
Address
6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Website
https://www.edenor.com
Empresa Distribuidora y Comercializadora Norte SA is engaged in the distribution and sale of electricity. The firm's concession area covers the northern portion of the city of Buenos Aires mainly to residential, commercial, industrial, and public service.

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