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Dominion Energy (FRA:DOD) Interest Expense : €-1,662 Mil (TTM As of Mar. 2024)


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What is Dominion Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dominion Energy's interest expense for the three months ended in Mar. 2024 was € -528 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1,662 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. Dominion Energy's Operating Income for the three months ended in Mar. 2024 was € 793 Mil. Dominion Energy's Interest Expense for the three months ended in Mar. 2024 was € -528 Mil. Dominion Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 1.50. 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.


Dominion Energy Interest Expense Historical Data

The historical data trend for Dominion Energy'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.

Dominion Energy Interest Expense Chart

Dominion Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,337.40 -1,131.89 -1,110.68 -911.90 -1,535.06

Dominion Energy 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 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 -547.32 -396.89 -179.90 -557.54 -528.08

Dominion Energy 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 €-1,662 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.


Dominion Energy  (FRA:DOD) 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.

Dominion Energy's Interest Expense for the three months ended in Mar. 2024 was €-528 Mil. Its Operating Income for the three months ended in Mar. 2024 was €793 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €32,259 Mil.

Dominion Energy'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*793.04/-528.08
=1.50

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dominion Energy Inc interest coverage is 2.31, which is low.


Dominion Energy (FRA:DOD) Business Description

Traded in Other Exchanges
Address
120 Tredegar Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

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