Manila Electric Co (PHS:MER) Interest Expense: ₱-8,921 Mil (TTM As of Mar. 2026)


PHS:MER Manila Electric Co PHS:MER
93 GF Score
Price ₱576.00
GF Value ₱528.39
Valuation Fairly Valued
! 6 Warning Signs
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What is Manila Electric Co Interest Expense?

Manila Electric Co PHS:MER +0.35% 93 Interest Expense is ₱-8,921 Mil as of Mar. 2026. GuruFocus rates PHS:MER with a GF Score™ of 93/100 and a GF Value™ of ₱528.39 (Fairly Valued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manila Electric Co's interest expense for the three months ended in Mar. 2026 was ₱ -2,085 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₱-8,921 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. Manila Electric Co's Operating Income for the three months ended in Mar. 2026 was ₱ 10,283 Mil. Manila Electric Co's Interest Expense for the three months ended in Mar. 2026 was ₱ -2,085 Mil. Manila Electric Co's Interest Coverage for the quarter that ended in Mar. 2026 was 4.93. 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.


Manila Electric Co  (PHS:MER) 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.

Manila Electric Co's Interest Expense for the three months ended in Mar. 2026 was ₱-2,085 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₱10,283 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₱202,668 Mil.

Manila Electric Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10283/-2085
=4.93

* 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.


Manila Electric Co Interest Expense Historical Data

* Premium members only.

The historical data trend for Manila Electric Co'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.

Manila Electric Co Interest Expense Chart

Manila Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,524.00 -3,754.00 -5,129.00 -5,302.00 -8,892.00

Manila Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2,056.00 -2,339.00 -2,315.00 -2,182.00 -2,085.00
PHS:MER
93GF Score
Manila Electric Co PHS:MER
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Manila Electric Co 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-8,921 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₱-8,921 Mil mean?
Manila Electric Co (PHS:MER) has a Interest Expense of ₱-8,921 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Manila Electric Co and its competitors.
Is Manila Electric Co's Interest Expense too high?
Manila Electric Co's current Interest Expense is ₱-8,921 Mil. Overall, Manila Electric Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Interest Expense compare to NEE and SO?
Manila Electric Co's Interest Expense of ₱-8,921 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Utilities - Regulated company?
A good Interest Expense depends on the Utilities - Regulated industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Manila Electric Co and its competitors. Manila Electric Co's current Interest Expense is ₱-8,921 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Electric Co (PHS:MER) is currently considered Fairly Valued. The stock's GF Value™ is ₱528.39, compared to a current price of ₱576.00 — trading 9% above its estimated fair value. The current Interest Expense is ₱-8,921 Mil. Manila Electric Co's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current Interest Expense is ₱-8,921 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manila Electric Co (PHS:MER) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Electric Co stock appears to be overvalued. The current stock price of ₱576.00 is trading 9% above its estimated GF Value™ of ₱528.39. GuruFocus considers Manila Electric Co to be Fairly Valued.

Key valuation signals for PHS:MER:

  • Interest Expense: ₱-8,921 Mil
  • GF Value™: ₱528.39 vs. price of ₱576.00 (9% above fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the PHS:MER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manila Electric Co Business Description

Other Exchanges MERVF:USAMAEOY:USA
Address Ortigas Avenue, Lopez Building, Barangay Ugong, Pasig, PHL, 1605
Manila Electric Co is an electric utility company operating in the Philippines. Along with its subsidiaries, it is mainly engaged in the distribution and sale of electric energy through the distribution network facilities in its franchise area. The company's market is categorized into four classes, namely, residential, commercial, industrial, and streetlights. Additionally, it is involved in certain unregulated activities, which consist of power generation; retail electricity supply (RES); energy infrastructure, payment fulfilment, bills collection, after-the-meter and energy management, telecommunications services, insurance and re-insurance, and other businesses. The group's reportable segments are: Power and Other Services. The majority of its revenue is derived from the Power segment.
93GF Score

Get the complete analysis for PHS:MER

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱576.00
Price
₱528.39
GF Value