Algonquin Power & Utilities (XBUL:751) Interest Expense : лв-708 Mil (TTM As of Dec. 2024)

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What is Algonquin Power & Utilities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Algonquin Power & Utilities's interest expense for the three months ended in Dec. 2024 was лв -165 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was лв-708 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. Algonquin Power & Utilities's Operating Income for the three months ended in Dec. 2024 was лв 182 Mil. Algonquin Power & Utilities's Interest Expense for the three months ended in Dec. 2024 was лв -165 Mil. Algonquin Power & Utilities's Interest Coverage for the quarter that ended in Dec. 2024 was 1.10. 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.

Algonquin Power & Utilities Interest Expense Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Interest Expense Chart

Algonquin Power & Utilities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-312.98

-391.65

-505.33

-564.43

-669.75

Algonquin Power & Utilities 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															-155.01	-183.10	-189.57	-171.02	-164.75

Algonquin Power & Utilities 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 лв-708 Mil.

Algonquin Power & Utilities (XBUL:751) 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.

Algonquin Power & Utilities's Interest Expense for the three months ended in Dec. 2024 was лв-165 Mil. Its Operating Income for the three months ended in Dec. 2024 was лв182 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was лв10,678 Mil.

Algonquin Power & Utilities'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	*	181.608	/	-164.749
	=	1.10

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. Algonquin Power & Utilities Corp interest coverage is 1.1, which is low.

Algonquin Power & Utilities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Algonquin Power & Utilities Corp (XBUL:751) » Definitions » Interest Expense

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Traded in Other Exchanges

AGQPF.PFD:USA AQN:USA 751:Germany 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada AQN:Canada

Address

354 Davis Road, Suite 100, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units consisting of the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.

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