AES Andes (XSGO:AESANDES) Interest Expense : CLP-162,462 Mil (TTM As of Mar. 2024)

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What is AES Andes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AES Andes's interest expense for the three months ended in Mar. 2024 was CLP -33,770 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was CLP-162,462 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. AES Andes's Operating Income for the three months ended in Mar. 2024 was CLP 110,004 Mil. AES Andes's Interest Expense for the three months ended in Mar. 2024 was CLP -33,770 Mil. AES Andes's Interest Coverage for the quarter that ended in Mar. 2024 was 3.26. 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.

AES Andes Interest Expense Historical Data

The historical data trend for AES Andes'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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AES Andes Interest Expense Chart

AES Andes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-79,527.65

-40,794.79

-45,669.56

-117,472.92

-168,426.10

AES Andes 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															-35,443.63	-33,171.55	-47,538.37	-47,981.70	-33,770.07

AES Andes 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 CLP-162,462 Mil.

AES Andes (XSGO:AESANDES) 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.

AES Andes's Interest Expense for the three months ended in Mar. 2024 was CLP-33,770 Mil. Its Operating Income for the three months ended in Mar. 2024 was CLP110,004 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was CLP2,273,055 Mil.

AES Andes'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	*	110003.92	/	-33770.07
	=	3.26

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. AES Andes SA interest coverage is 2.8, which is low.

AES Andes (XSGO:AESANDES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Andes SA (XSGO:AESANDES) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL

Website

https://www.aesandes.com

AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

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