SP New Energy (PHS:SPNEC) Interest Expense: ₱-276 Mil (TTM As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.38
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What is SP New Energy Interest Expense?

SP New Energy PHS:SPNEC +2.22% 33 Interest Expense is ₱-276 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SP New Energy's interest expense for the three months ended in Sep. 2024 was ₱ -69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₱-276 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. SP New Energy's Operating Income for the three months ended in Sep. 2024 was ₱ -73 Mil. SP New Energy's Interest Expense for the three months ended in Sep. 2024 was ₱ -69 Mil. SP New Energy 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.

SP New Energy  (PHS:SPNEC) 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.

SP New Energy's Interest Expense for the three months ended in Sep. 2024 was ₱-69 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₱-73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₱2,860 Mil.

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

SP New Energy 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.

SP New Energy Interest Expense Historical Data

* Premium members only.

The historical data trend for SP New 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.

SP New Energy Interest Expense Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Interest Expense
Get a 7-Day Free Trial 0.00 -4.05 -4.05 -9.14 -167.23

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -75.99 -72.83 -68.18 -66.37 -68.84
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New 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 ₱-276 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 ₱-276 Mil mean?
SP New Energy (PHS:SPNEC) has a Interest Expense of ₱-276 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on SP New Energy and its competitors.
Is SP New Energy's Interest Expense too high?
SP New Energy's current Interest Expense is ₱-276 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Interest Expense compare to CEG?
SP New Energy's Interest Expense of ₱-276 Mil can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Interest Expense depends on the Utilities - Independent Power Producers 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 SP New Energy and its competitors. SP New Energy's current Interest Expense is ₱-276 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Interest Expense of ₱-276 Mil. The current Interest Expense is ₱-276 Mil. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Interest Expense is ₱-276 Mil as of Sep. 2024. 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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

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