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Vivint Solar (Vivint Solar) Interest Expense : $-90.1 Mil (TTM As of Jun. 2020)


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What is Vivint Solar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vivint Solar's interest expense for the three months ended in Jun. 2020 was $ -24.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was $-90.1 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. Vivint Solar's Operating Income for the three months ended in Jun. 2020 was $ -26.1 Mil. Vivint Solar's Interest Expense for the three months ended in Jun. 2020 was $ -24.7 Mil. Vivint Solar 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.


Vivint Solar Interest Expense Historical Data

The historical data trend for Vivint Solar'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.

* Premium members only.

Vivint Solar Interest Expense Chart

Vivint Solar Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial -12.57 -34.01 -64.26 -65.31 -82.32

Vivint Solar Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -19.47 -22.80 -20.92 -21.63 -24.71

Vivint Solar 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-90.1 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.


Vivint Solar  (NYSE:VSLR) 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.

Vivint Solar's Interest Expense for the three months ended in Jun. 2020 was $-24.7 Mil. Its Operating Income for the three months ended in Jun. 2020 was $-26.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was $1,801.0 Mil.

Vivint Solar's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Vivint Solar 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.


Vivint Solar (Vivint Solar) Business Description

Traded in Other Exchanges
N/A
Address
1800 West Ashton Boulevard, Lehi, UT, USA, 84043
Vivint Solar Inc is a United States-based solar company. Vivint distributes electricity to residential customers through long-term contracts. It has designed and engineered its own solar energy systems for customer use by using proprietary processes. The company operates in a single segment of Residential.
Executives
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Bryan Christiansen officer: Chief Operating Officer 1850 WEST ASHTON BLVD. LEHI UT 84043
Paul S. Dickson officer: Chief Revenue Officer C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Thomas G. Plagemann officer: CCO; EVP, Capital Markets C/O VIVINT SOLAR, INC. 3301 N. THANKSGIVING WAY, SUITE 500 LEHI UT 84043
L. Chance Allred officer: Chief Sales Officer C/O VIVINT SOLAR, INC. 3301 N. THANKSIVING WAY, SUITE 500 LEHI UT 84043
313 Acquisition Llc 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Dana C Russell officer: CFO and EVP 404 WYMAN STREET, SUITE 500, WALTHAM MA 02451
Tibbetts Joseph S Jr director 1800 SOUTH NOVELL PLACE, PROVO UT 84606
Ellen Smith director 1800 WEST ASHTON BLVD., LEHI UT 84043
David Bywater director, officer: Chief Executive Officer 1850 WEST ASHTON BLVD, LEHI UT 84043
Blackstone Capital Partners Vi L.p. 10 percent owner BLACKSTONE MGMT ASSOC VI LLC, 345 Park Ave, New York NY 10154
Blackstone Management Associates Vi L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE, NEW YORK NY 10154
Bma Vi L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154