Discontinued — last reported Q3 '23
Business Segments · Interest Expense
So Cal Gas — Interest Expense
Sempra Energy So Cal Gas — Interest Expense decreased by 1.4% to $70.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 40.0%, from $50.00M to $70.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2023
Rolls up toInterest Expense
How to read this metric
An increase suggests higher debt levels or rising interest rates, which may compress net margins, while a decrease indicates debt reduction or refinancing at lower rates.
Detailed definition
This metric represents the cost of debt financing incurred by the SoCalGas segment to fund its operations and capital ex...
Peer comparison
Standard metric for all utility segments that utilize debt to finance infrastructure projects.
Metric ID:
sre_segment_socalgas_interest_expenseHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $40.00M | $39.00M | $39.00M | $40.00M | $45.00M | $50.00M | $63.00M | $69.00M | $71.00M | $70.00M |
| QoQ Change | — | -2.5% | +0.0% | +2.6% | +12.5% | +11.1% | +26.0% | +9.5% | +2.9% | -1.4% |
| YoY Change | — | — | — | — | +12.5% | +28.2% | +61.5% | +72.5% | +57.8% | +40.0% |
Range$39.00M – $71.00M
CAGR+28.2%
Avg YoY Growth+45.4%
Median YoY Growth+48.9%
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Frequently Asked Questions
- What is Sempra Energy's so cal gas — interest expense?
- Sempra Energy (SRE) reported so cal gas — interest expense of $70.00M in Q3 2023.
- How has Sempra Energy's so cal gas — interest expense changed year-over-year?
- Sempra Energy's so cal gas — interest expense increased by 40.0% year-over-year, from $50.00M to $70.00M.
- What does so cal gas — interest expense mean?
- The cost of interest paid on the segment's outstanding debt.