SPC Power (PHS:SPC) Interest Expense : ₱-6 Mil (TTM As of Mar. 2024)

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What is SPC Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SPC Power's interest expense for the three months ended in Mar. 2024 was ₱ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-6 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. SPC Power's Operating Income for the three months ended in Mar. 2024 was ₱ -35 Mil. SPC Power's Interest Expense for the three months ended in Mar. 2024 was ₱ -0 Mil. SPC Power 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.

SPC Power Interest Expense Historical Data

The historical data trend for SPC Power'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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SPC Power Interest Expense Chart

SPC Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.56

-4.65

-4.47

-5.03

-5.54

SPC Power 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															-0.19	-0.19	-0.18	-4.99	-0.16

SPC Power 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 ₱-6 Mil.

SPC Power (PHS:SPC) 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.

SPC Power's Interest Expense for the three months ended in Mar. 2024 was ₱-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱-35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱7 Mil.

SPC Power's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

SPC Power did not have earnings to cover the interest expense.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SPC Power Corp has enough cash to cover all of its debt. Its financial situation is stable.

SPC Power (PHS:SPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SPC Power Corp (PHS:SPC) » Definitions » Interest Expense

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Address

Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000

Website

http://www.spcpowergroup.com

SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.