Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Interest Expense : R$-758 Mil (TTM As of Mar. 2024)

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What is Cia de Transmissao de Energia Eletrica Paulista Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cia de Transmissao de Energia Eletrica Paulista's interest expense for the three months ended in Mar. 2024 was R$ -164 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-758 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 de Transmissao de Energia Eletrica Paulista's Operating Income for the three months ended in Mar. 2024 was R$ 942 Mil. Cia de Transmissao de Energia Eletrica Paulista's Interest Expense for the three months ended in Mar. 2024 was R$ -164 Mil. Cia de Transmissao de Energia Eletrica Paulista's Interest Coverage for the quarter that ended in Mar. 2024 was 5.75. 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 de Transmissao de Energia Eletrica Paulista Interest Expense Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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 de Transmissao de Energia Eletrica Paulista Interest Expense Chart

Cia de Transmissao de Energia Eletrica Paulista Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-149.83

-170.95

-368.41

-668.02

-770.11

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-175.96	-197.22	-196.06	-200.87	-163.73

Cia de Transmissao de Energia Eletrica Paulista 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-758 Mil.

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) 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 de Transmissao de Energia Eletrica Paulista's Interest Expense for the three months ended in Mar. 2024 was R$-164 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$942 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$10,049 Mil.

Cia de Transmissao de Energia Eletrica Paulista's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	942.234	/	-163.727
	=	5.75

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

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CTPZY:USA CTPTY:USA TRPL4:Brazil

Address

Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004

Website

http://www.transmissaopaulista.com.br

Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

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