Encavis AG (WBO:CAP) Interest Expense : €-100.9 Mil (TTM As of Dec. 2023)

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What is Encavis AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Encavis AG's interest expense for the three months ended in Dec. 2023 was € -33.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-100.9 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. Encavis AG's Operating Income for the three months ended in Dec. 2023 was € -69.2 Mil. Encavis AG's Interest Expense for the three months ended in Dec. 2023 was € -33.5 Mil. Encavis AG 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.

Encavis AG Interest Expense Historical Data

The historical data trend for Encavis AG'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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Encavis AG Interest Expense Chart

Encavis AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-61.38

-70.91

-65.92

-73.71

-100.91

Encavis AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-12.72	-24.01	-20.50	-22.90	-33.51

Encavis AG 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 quarterly data reported by the company within the most recent 12 months, which was €-100.9 Mil.

Encavis AG (WBO:CAP) 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.

Encavis AG's Interest Expense for the three months ended in Dec. 2023 was €-33.5 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-69.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €1,446.0 Mil.

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

Encavis AG did not have earnings to cover the interest expense.

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

Encavis AG (WBO:CAP) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Encavis AG (WBO:CAP) » Definitions » Interest Expense

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0NBT:UK ECV:Germany

Address

Grosse Elbstrasse 59, Hamburg, DEU, 22767

Website

https://www.encavis.com

Encavis AG is an independent solar park operator. Principally, it is engaged in the business of acquisition and operation of solar parks and onshore wind parks. Its operating segments are Photovoltaic Parks, Photovoltaic Service, Wind Parks, Asset Management, and Administration, of which the majority of its revenue comes from the Photovoltaic Parks segment. The Photovoltaic Parks segment comprised more than 169 solar parks with a total generation capacity of more than 1.3 GW, with parks located in different countries. Its geographical segments are Denmark, Germany, France, United Kingdom, Ireland, Finland, Italy, Netherlands, Austria, France, Sweden, and Spain.