Cia Paranaense De Energia Copel (BSP:CPLE3) Interest Expense : R$-80 Mil (TTM As of Dec. 2023)

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What is Cia Paranaense De Energia Copel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cia Paranaense De Energia Copel's interest expense for the three months ended in Dec. 2023 was R$ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-80 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. Cia Paranaense De Energia Copel's Operating Income for the three months ended in Dec. 2023 was R$ 1,018 Mil. Cia Paranaense De Energia Copel's Interest Expense for the three months ended in Dec. 2023 was R$ -21 Mil. Cia Paranaense De Energia Copel's Interest Coverage for the quarter that ended in Dec. 2023 was 47.48. 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.

Cia Paranaense De Energia Copel Interest Expense Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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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Cia Paranaense De Energia Copel Interest Expense Chart

Cia Paranaense De Energia Copel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-33.07

-12.55

-41.91

-91.36

-89.87

Cia Paranaense De Energia Copel 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															-26.27	-13.02	-23.59	-22.35	-21.45

Cia Paranaense De Energia Copel 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 R$-80 Mil.

Cia Paranaense De Energia Copel (BSP:CPLE3) 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.

Cia Paranaense De Energia Copel's Interest Expense for the three months ended in Dec. 2023 was R$-21 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$1,018 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$13,281 Mil.

Cia Paranaense De Energia Copel'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	*	1018.483	/	-21.45
	=	47.48

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

Cia Paranaense De Energia Copel (BSP:CPLE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Paranaense De Energia Copel (BSP:CPLE3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ELPC:USA ELP:USA XCOP:Spain ELPA:Germany CPLE6:Brazil CPLE5:Brazil

Address

Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240

Website

https://www.copel.com

Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

Cia Paranaense De Energia Copel (BSP:CPLE3) Headlines

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