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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Interest Expense : R$-1,242 Mil (TTM As of Mar. 2024)


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What is Companhia de Eletricidade do Estado da Bahia � Coelba Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Companhia de Eletricidade do Estado da Bahia � Coelba's interest expense for the three months ended in Mar. 2024 was R$ -353 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-1,242 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. Companhia de Eletricidade do Estado da Bahia � Coelba's Operating Income for the three months ended in Mar. 2024 was R$ 1,113 Mil. Companhia de Eletricidade do Estado da Bahia � Coelba's Interest Expense for the three months ended in Mar. 2024 was R$ -353 Mil. Companhia de Eletricidade do Estado da Bahia � Coelba's Interest Coverage for the quarter that ended in Mar. 2024 was 3.15. 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.


Companhia de Eletricidade do Estado da Bahia � Coelba Interest Expense Historical Data

The historical data trend for Companhia de Eletricidade do Estado da Bahia � Coelba'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.

Companhia de Eletricidade do Estado da Bahia � Coelba Interest Expense Chart

Companhia de Eletricidade do Estado da Bahia � Coelba Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -285.13 -312.71 -623.00 -1,087.00 -1,233.00

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -344.00 -315.00 -285.00 -289.00 -353.00

Companhia de Eletricidade do Estado da Bahia � Coelba 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 R$-1,242 Mil.

* 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.


Companhia de Eletricidade do Estado da Bahia � Coelba  (BSP:CEEB3) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Companhia de Eletricidade do Estado da Bahia � Coelba's Interest Expense for the three months ended in Mar. 2024 was R$-353 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$1,113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$11,591 Mil.

Companhia de Eletricidade do Estado da Bahia � Coelba'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*1113/-353
=3.15

* 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.

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


Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Business Description

Traded in Other Exchanges
Address
Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Headlines

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