Transcorp Power (NSA:TRANSPOWER) Interest Expense : ₦ Mil (TTM As of Sep. 2024)

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What is Transcorp Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transcorp Power's interest expense for the three months ended in Sep. 2024 was ₦ -3,933 Mil. Transcorp Power does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2024.

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. Transcorp Power's Operating Income for the three months ended in Sep. 2024 was ₦ 30,688 Mil. Transcorp Power's Interest Expense for the three months ended in Sep. 2024 was ₦ -3,933 Mil. Transcorp Power's Interest Coverage for the quarter that ended in Sep. 2024 was 7.80. 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.

Transcorp Power Interest Expense Historical Data

The historical data trend for Transcorp Power'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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Transcorp Power Interest Expense Chart

Transcorp Power Annual Data

Trend

Interest Expense

Transcorp Power Quarterly Data
	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial			-1,662.71	-1,725.89	-2,176.14	-1,807.12	-3,932.92

Transcorp Power Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Transcorp Power (NSA:TRANSPOWER) 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.

Transcorp Power's Interest Expense for the three months ended in Sep. 2024 was ₦-3,933 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₦30,688 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₦33,161 Mil.

Transcorp Power'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	*	30688.234	/	-3932.922
	=	7.80

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

Transcorp Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transcorp Power PLC (NSA:TRANSPOWER) » Definitions » Interest Expense

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Address

Kilometer 12 warri patani road, Delta State, Ughelli, NGA

Website

https://www.transcorppower.com

Transcorp Power PLC is engaged in power sector in Nigeria. It is a gas-fired open cycle thermal power plant located in Ughelli. It is fossil-fuel-based power-generating station in the country. The plant has an installed capacity of 972 MW and can generate 2,500 GWh of electricity annually. Transcorp power plant uses natural gas supplied by Nigeria, Nigeria Gas Infrastructure Company (NGIC) as the primary fuel for power generation. The Company has two operating segments: International - this segment is responsible for the sale of electric power to customers outside Nigeria and Local - this segment is responsible for the sale of electric power to customers within Nigeria. Key revenue is generated from Local sales.

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