Serena Energia (BSP:SRNA3) Interest Expense : R$-662 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Serena Energia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Serena Energia's interest expense for the three months ended in Mar. 2024 was R$ -230 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-662 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. Serena Energia's Operating Income for the three months ended in Mar. 2024 was R$ 521 Mil. Serena Energia's Interest Expense for the three months ended in Mar. 2024 was R$ -230 Mil. Serena Energia's Interest Coverage for the quarter that ended in Mar. 2024 was 2.27. 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.

Serena Energia Interest Expense Historical Data

The historical data trend for Serena Energia'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.

Serena Energia Interest Expense Chart

Serena Energia Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-70.72

-641.15

-815.23

Serena Energia Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-154.38	-196.85	-218.41	-213.94	-229.73

Serena Energia 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$-662 Mil.

Serena Energia (BSP:SRNA3) 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.

Serena Energia's Interest Expense for the three months ended in Mar. 2024 was R$-230 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$521 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$9,634 Mil.

Serena Energia'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	*	521.403	/	-229.733
	=	2.27

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

Serena Energia (BSP:SRNA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Serena Energia SA (BSP:SRNA3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Elvira Ferraz, no. 68, 12th floor, Conjuntos no. 123 and 124, Vila Olimpia, Sao Paulo, SP, BRA, 04552-040

Website

https://www.srna.co

Serena Energia SA is engaged in the generation of renewable energy. Its portfolio includes wind, hydro, and solar operational assets.

Serena Energia (BSP:SRNA3) Headlines

No Headlines