Hokkaido Electric Power Co (TSE:9509) Interest Expense : 円-12,183 Mil (TTM As of Dec. 2023)

View and export this data going back to 1953. Start your Free Trial

What is Hokkaido Electric Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hokkaido Electric Power Co's interest expense for the three months ended in Dec. 2023 was 円 -2,615 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-12,183 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. Hokkaido Electric Power Co's Operating Income for the three months ended in Dec. 2023 was 円 6,065 Mil. Hokkaido Electric Power Co's Interest Expense for the three months ended in Dec. 2023 was 円 -2,615 Mil. Hokkaido Electric Power Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.32. 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.

Hokkaido Electric Power Co Interest Expense Historical Data

The historical data trend for Hokkaido Electric Power Co'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.

Hokkaido Electric Power Co Interest Expense Chart

Hokkaido Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-11,194.00

-10,400.00

-9,513.00

-9,507.00

-12,183.00

Hokkaido Electric Power Co 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															-2,431.00	-2,555.00	-2,658.00	-2,615.00	-4,355.00

Hokkaido Electric Power Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-12,183 Mil.

Hokkaido Electric Power Co (TSE:9509) 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.

Hokkaido Electric Power Co's Interest Expense for the three months ended in Dec. 2023 was 円-2,615 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円6,065 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円1,208,220 Mil.

Hokkaido Electric Power Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	6065	/	-2615
	=	2.32

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

Hokkaido Electric Power Co (TSE:9509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

9509:Japan

Address

2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677

Website

http://www.hepco.co.jp

Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

Hokkaido Electric Power Co (TSE:9509) Headlines

No Headlines