NextEra Energy Partners LP (NextEra Energy Partners LP) Interest Expense : $-198 Mil (TTM As of Mar. 2024)

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What is NextEra Energy Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NextEra Energy Partners LP's interest expense for the three months ended in Mar. 2024 was $ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-198 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. NextEra Energy Partners LP's Operating Income for the three months ended in Mar. 2024 was $ -21 Mil. NextEra Energy Partners LP's Interest Expense for the three months ended in Mar. 2024 was $ -13 Mil. NextEra Energy Partners LP 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.

NextEra Energy Partners LP Interest Expense Historical Data

The historical data trend for NextEra Energy Partners LP'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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NextEra Energy Partners LP Interest Expense Chart

NextEra Energy Partners LP Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec23

Interest Expense

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-702.00

-620.00

-853.00

-394.00

NextEra Energy Partners LP 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															-206.00	-15.00	17.00	-187.00	-13.00

NextEra Energy Partners LP 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 $-198 Mil.

NextEra Energy Partners LP (NYSE:NEP) 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.

NextEra Energy Partners LP's Interest Expense for the three months ended in Mar. 2024 was $-13 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $4,942 Mil.

NextEra Energy Partners LP's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

NextEra Energy Partners LP did not have earnings to cover the interest expense.

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

NextEra Energy Partners LP (NextEra Energy Partners LP) Business Description

Industry

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Address

700 Universe Boulevard, Juno Beach, FL, USA, 33408

Website

http://www.nexteraenergypartners.com

NextEra Energy Partners LP is formed to acquire, manage and own contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry technology and are in regions that are favorable for generating energy from the wind and sun. Its natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. Renewable energy sales generate maximum revenue for the company.

Executives

Peter H Kind	director	ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102
Michael Dunne	officer: Treasurer	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Crews Terrell Kirk Ii	officer: Chief Financial Officer	700 UNIVERSE BLVD, JUNO BEACH FL 33408
James Michael May	officer: Controller/CAO	700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum	director, officer: President	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Charles E Sieving	officer: General Counsel	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Rebecca J Kujawa	director, officer: Chief Financial Officer	700 UNIVERSE BLVD, JUNO BEACH FL 33408
James L Robo	director, officer: Chairman & CEO	3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410
Robert J Byrne	director	C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Paul I Cutler	officer: Treasurer & Asst. Sec	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark E Hickson	director, officer: EVP, Strategy & Corp Dev	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Susan D Austin	director	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Armando Jr Pimentel	director, officer: President of GP	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
James N. Suciu	director	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Nextera Energy Partners, Lp	director	700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408