Ecoener (CHIX:ENERE) Interest Expense : €-11.21 Mil (TTM As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Ecoener Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecoener's interest expense for the six months ended in Dec. 2023 was € -8.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-11.21 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. Ecoener's Operating Income for the six months ended in Dec. 2023 was € 14.15 Mil. Ecoener's Interest Expense for the six months ended in Dec. 2023 was € -8.07 Mil. Ecoener's Interest Coverage for the quarter that ended in Dec. 2023 was 1.75. 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.

Ecoener Interest Expense Historical Data

The historical data trend for Ecoener'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.

Ecoener Interest Expense Chart

Ecoener Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-6.12

-10.29

-5.95

-6.03

-11.21

Ecoener Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-3.03	-3.00	-3.03	-3.14	-8.07

Ecoener 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 semi-annually data reported by the company within the most recent 12 months, which was €-11.21 Mil.

Ecoener (CHIX:ENERe) 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.

Ecoener's Interest Expense for the six months ended in Dec. 2023 was €-8.07 Mil. Its Operating Income for the six months ended in Dec. 2023 was €14.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €333.78 Mil.

Ecoener'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	*	14.147	/	-8.071
	=	1.75

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. Ecoener SA interest coverage is 1.81, which is low.

Ecoener (CHIX:ENERE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ecoener SA (CHIX:ENERe) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ENER:Spain 89W:Germany

Address

Canton Grande, no. 6, 6th., La Coruna, ESP, 15003

Website

https://www.ecoener.es

Ecoener SA is a renewable energy company that builds and operates hydroelectric plants, wind farms, and photovoltaic solar plants. It generates renewable energy to contribute to sustainable development. In addition, it is also engaged in the design, promotion, development, construction, management, maintenance, operation, closure, and dismantling of the relevant production facilities. The Group has five operating segments: i) operation of hydropower plants, ii) operation of wind farms, iii) operation of solar photovoltaic plants, iv) electricity commercialization, and v) provision of other services. The majority of the revenue is earned from the operation of the wind farms segment.

Ecoener (CHIX:ENERE) Headlines

No Headlines