Public Power (Public Power) Interest Expense : $-460 Mil (TTM As of Dec. 2023)

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What is Public Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Public Power's interest expense for the six months ended in Dec. 2023 was $ -251 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Public Power's Operating Income for the six months ended in Dec. 2023 was $ 1,169 Mil. Public Power's Interest Expense for the six months ended in Dec. 2023 was $ -251 Mil. Public Power's Interest Coverage for the quarter that ended in Dec. 2023 was 4.67. 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.

Public Power Interest Expense Historical Data

The historical data trend for Public 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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Public Power Interest Expense Chart

Public Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-159.33

-169.75

-227.04

-364.89

-460.88

Public Power Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-105.03	-181.26	-183.24	-208.89	-250.63

Public Power 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-460 Mil.

Public Power (OTCPK:PUPOF) 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.

Public Power's Interest Expense for the six months ended in Dec. 2023 was $-251 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1,169 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $5,011 Mil.

Public Power's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1169.382	/	-250.629
	=	4.67

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Public Power Corp SA interest coverage is 3.59, which is low.

Public Power (Public Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Public Power Corp SA (OTCPK:PUPOF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PPC:Greece PU8:Germany

Address

30, Chalkokondyli Street, Athens, GRC, 104 32

Website

https://www.dei.gr

Public Power Corp SA, or PPC, is a public electric utility company of which the Hellenic Republic is the majority shareholder. PPC is engaged in the generation, transmission, and distribution of electric energy. With its subsidiaries, the company operates a portfolio of natural gas, coal, hydroelectric, wind, and solar power plants. PPC's thermal energy generating facilities are responsible for the majority of the company's electricity production. The company generates the vast majority of its revenue from energy sales. These mostly take the form of sales of low-voltage electricity to residential and small commercial consumers. PPC retains a considerable market share in Europe's Interconnected System electric grid.

Public Power (Public Power) Headlines

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