GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » EDP Renovaveis SA (MEX:EDPR N) » Definitions » Interest Expense

EDP Renovaveis (MEX:EDPR N) Interest Expense : MXN-4,506 Mil (TTM As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is EDP Renovaveis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EDP Renovaveis's interest expense for the three months ended in Dec. 2024 was MXN -4,506 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-4,506 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. EDP Renovaveis's Operating Income for the three months ended in Dec. 2024 was MXN -9,806 Mil. EDP Renovaveis's Interest Expense for the three months ended in Dec. 2024 was MXN -4,506 Mil. EDP Renovaveis did not have earnings to cover the interest expense. 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.


EDP Renovaveis Interest Expense Historical Data

The historical data trend for EDP Renovaveis'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.

EDP Renovaveis Interest Expense Chart

EDP Renovaveis 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 -7,586.55 -6,616.80 -9,207.71 -5,153.36 -5,826.80

EDP Renovaveis Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -3,196.44 1,395.95 -3,729.30 - -4,505.64

EDP Renovaveis 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 MXN-4,506 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.


EDP Renovaveis  (MEX:EDPR N) 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.

EDP Renovaveis's Interest Expense for the three months ended in Dec. 2024 was MXN-4,506 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN-9,806 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN193,527 Mil.

EDP Renovaveis's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

EDP Renovaveis did not have earnings to cover the interest expense.

* 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.


EDP Renovaveis Business Description

Address
Avenida de Burgos 89, Edificio Adequa 1 A, 7th Floor, Edificio Olmo, Madrid, ESP, 28050
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 16.6 GW of net installed capacity at the end of 2023, EDP Renovaveis is the fourth-largest renewables player in the world as well as in the US. The group's plants are mainly located in the US, Spain, Portugal, Poland, and Brazil.

EDP Renovaveis Headlines

No Headlines