Emera (TSX:EMA) Interest Expense : C$-981 Mil (TTM As of Dec. 2024)

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What is Emera Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emera's interest expense for the three months ended in Dec. 2024 was C$ -243 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-981 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. Emera's Operating Income for the three months ended in Dec. 2024 was C$ 243 Mil. Emera's Interest Expense for the three months ended in Dec. 2024 was C$ -243 Mil. Emera's Interest Coverage for the quarter that ended in Dec. 2024 was 1.00. 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.

Emera Interest Expense Historical Data

The historical data trend for Emera'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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Emera Interest Expense Chart

Emera Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-679.00

-611.00

-709.00

-938.00

-981.00

Emera Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-243.00	-249.00	-243.00	-246.00	-243.00

Emera 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 C$-981 Mil.

Emera (TSX:EMA) 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.

Emera's Interest Expense for the three months ended in Dec. 2024 was C$-243 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$243 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$18,173 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	243	/	-243
	=	1.00

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. Emera Inc interest coverage is 1.33, which is low.

Emera Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Emera Inc (TSX:EMA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ERRAF.PFD:USA EMRAF:USA C61:Germany EMA.PR.J.PFD:Canada EMA.PR.H.PFD:Canada EMA.PR.F.PFD:Canada EMA.PR.E.PFD:Canada EMA.PR.C.PFD:Canada EMA.PR.B.PFD:Canada EMA.PR.A.PFD:Canada

Address

5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1

Website

https://www.emera.com

Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.

Executives

Scott Carlyle Balfour	Director, Senior Officer
Carla Tully	Director
Brian J Porter	Director
David Arthur Pickles	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Karen Sheriff	Director
Sandra Greer	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ian Edward Robertson	Director
Robert Ross Bennett	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
R. Michael Roberts	Senior Officer
James Vance Bertram	Director
Daniel Muldoon	Senior Officer
James Lee Bragg	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Judy Ann Steele	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Mark Sidebottom	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Holden Gregg	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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