LNT (Alliant Energy) Interest Expense : $-460 Mil (TTM As of Sep. 2024)

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What is Alliant Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alliant Energy's interest expense for the three months ended in Sep. 2024 was $ -114 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-460 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. Alliant Energy's Operating Income for the three months ended in Sep. 2024 was $ 313 Mil. Alliant Energy's Interest Expense for the three months ended in Sep. 2024 was $ -114 Mil. Alliant Energy's Interest Coverage for the quarter that ended in Sep. 2024 was 2.75. 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.

Alliant Energy Interest Expense Historical Data

The historical data trend for Alliant Energy'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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Alliant Energy Interest Expense Chart

Alliant Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-300.00

-291.00

-284.00

-341.00

-420.00

Alliant Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-99.00	-131.00	-107.00	-108.00	-114.00

Alliant Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-460 Mil.

Alliant Energy (NAS:LNT) 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.

Alliant Energy's Interest Expense for the three months ended in Sep. 2024 was $-114 Mil. Its Operating Income for the three months ended in Sep. 2024 was $313 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $9,245 Mil.

Alliant Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	313	/	-114
	=	2.75

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

Alliant Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alliant Energy Corp (NAS:LNT) » Definitions » Interest Expense

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Traded in Other Exchanges

0HCT:UK AY1:Germany AY1:Germany

Address

4902 North Biltmore Lane, Madison, WI, USA, 53718

Website

https://www.alliantenergy.com

Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.

Executives

Lisa M Barton	officer: President and COO	AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Raja Sundararajan	officer: Executive Vice President	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Ignacio A Cortina	director	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Stephanie Cox	director	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Nancy Joy Falotico	director	ONE AMERICAN ROAD, DEARBORN MI 48126
Michael Luhrs	officer: Senior Vice President	P.O. BOX 14720, MADISON WI 53708-0720
Michael Dennis Garcia	director	C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
De Leon David A	officer: Senior Vice President	P.O. BOX 14720, MADISON WI 53708-0720
James H Gallegos	officer: Sr. V.P.-Gen. Cnsl.-Corp. Sec.	1 WATER STREET, CAMDEN NJ 08102-1658
Patricia L Kampling	officer: VICE PRESIDENT	PO BOX 2568, MADISON WI 53701
Jillian C. Evanko	director	1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Terry L Kouba	officer: Senior Vice President	P.O. BOX 14720, MADISON WI 53708-0720
Deborah B. Dunie	director	1710 SAIC DRIVE, MCLEAN VA 22102
Roger K Newport	director	703 CURTIS STREET, MIDDLETOWN OH 45043
Wayne A Reschke	officer: Senior Vice President	P O BOX 14720, MADISON WI 53708