SSE (SSEZF) Interest Expense : $-481 Mil (TTM As of Sep. 2023)

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What is SSE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SSE's interest expense for the six months ended in Sep. 2023 was $ -215 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-481 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. SSE's Operating Income for the six months ended in Sep. 2023 was $ 958 Mil. SSE's Interest Expense for the six months ended in Sep. 2023 was $ -215 Mil. SSE's Interest Coverage for the quarter that ended in Sep. 2023 was 4.45. 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.

SSE Interest Expense Historical Data

The historical data trend for SSE'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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SSE Interest Expense Chart

SSE Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-468.38

-463.37

-516.09

-476.68

-481.43

SSE Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-258.38	-228.85	-201.36	-265.66	-215.10

SSE 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-481 Mil.

SSE (OTCPK:SSEZF) 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.

SSE's Interest Expense for the six months ended in Sep. 2023 was $-215 Mil. Its Operating Income for the six months ended in Sep. 2023 was $958 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $9,354 Mil.

SSE's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	957.797	/	-215.099
	=	4.45

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

SSE (SSEZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SSE PLC (OTCPK:SSEZF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SSEZY:USA SSEl:UK SSE:UK SCT:Germany

Address

200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ

Website

https://www.sse.com

SSE is an energy holding company based in the United Kingdom. The bulk of SSE's profit comes from the company's 10.8 GW of power generation and its electricity transmission and distribution networks . The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE (SSEZF) Headlines

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