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Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) Interest Expense : ₸-15,121 Mil (TTM As of Mar. 2024)


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What is Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's interest expense for the three months ended in Mar. 2024 was ₸ -3,648 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₸-15,121 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. Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Operating Income for the three months ended in Mar. 2024 was ₸ 26,770 Mil. Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Interest Expense for the three months ended in Mar. 2024 was ₸ -3,648 Mil. Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 7.34. 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.


Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Interest Expense Historical Data

The historical data trend for Kazakhstan Electricity Grid Operating Company (KEGOC) JSC'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.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Interest Expense Chart

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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 -8,591.38 -10,514.92 -12,166.13 -12,473.28 -15,147.21

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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 -3,321.04 -3,941.53 -4,090.80 -3,440.20 -3,648.13

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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 ₸-15,121 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.


Kazakhstan Electricity Grid Operating Company (KEGOC) JSC  (XKAZ:KEGC) 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.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Interest Expense for the three months ended in Mar. 2024 was ₸-3,648 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₸26,770 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₸154,547 Mil.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC'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*26769.963/-3648.127
=7.34

* 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.


Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) Business Description

Traded in Other Exchanges
N/A
Address
59, Tauelsyzdyk Avenue, Almaty district, Nur-Sultan, KAZ, Z00T2D0
Kazakhstan Electricity Grid Operating Company (KEGOC) JSC is engaged in electricity transmission in the inter-regional networks, technical dispatching of the electricity supply and consumption in the grid, and balancing of electricity production and consumption. Its segments are Electricity transmission and related support; Ensure readiness of electricity capacity to bear the power load; and Sale of purchased electricity. The company generates majority of its revenue from customers of Kazakhstan, Russian and Uzbekistan.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) Headlines

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