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Centuri Holdings (Centuri Holdings) Interest Expense : $-24.1 Mil (TTM As of Mar. 2024)


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What is Centuri Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centuri Holdings's interest expense for the three months ended in Mar. 2024 was $ -24.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-24.1 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. Centuri Holdings's Operating Income for the three months ended in Mar. 2024 was $ -21.9 Mil. Centuri Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -24.1 Mil. Centuri Holdings 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.


Centuri Holdings Interest Expense Historical Data

The historical data trend for Centuri Holdings'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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Centuri Holdings Interest Expense Chart

Centuri Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-9.27 -21.00 -61.37 -78.11

Centuri Holdings Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial - - -22.38 - -24.10

Centuri Holdings 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 $-24.1 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.


Centuri Holdings  (NYSE:CTRI) 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.

Centuri Holdings's Interest Expense for the three months ended in Mar. 2024 was $-24.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-21.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,272.3 Mil.

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

Centuri Holdings did not have earnings to cover the interest expense.

* 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.


Centuri Holdings (Centuri Holdings) Business Description

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Address
19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

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