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AES AES Corporate and Other — Interest Expense

Discontinued — last reported Q4 '22

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Other financials

Income statement

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Revenue$3.2B+8.7%
Gross profit$640.0M+45.1%
Net income$487.0M+959%
EPS (diluted)$0.68+871%

Balance sheet

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Cash & equivalents$2.3B-9.6%
Total debt$1.2B+17.8%
Total equity$4.4B+27.5%
Total assets$52.8B+8.6%

Cash flow

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Operating cash flow$1.2B+120%
CapEx$1.8B+40.8%
Free cash flow-$565.0M+20.3%

Valuation

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Market cap$10.43B+13.6%
P/E7.7×+0.6×
P/S0.8×+0.1×

Profitability

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Gross margin19.3%+1.7pp
Net margin10.8%+0.2pp
FCF margin-11.8%-4.4pp

Returns & leverage

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Return on equity34.3%-6.4pp
Debt / equity0.3×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by AES in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The official record: AES’s 10-K, filed March 1, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is AES's corporate and other — interest expense?
AES (AES) reported corporate and other — interest expense of $39.75M in Q4 2022.
How has AES's corporate and other — interest expense changed year-over-year?
AES's corporate and other — interest expense increased by 117.8% year-over-year, from $18.25M to $39.75M.
What does corporate and other — interest expense mean?
The total interest costs paid on corporate-level debt.
How do you interpret corporate and other — interest expense?
An increase signals higher debt levels or rising interest rates, which negatively impacts net income and cash flow.
How does corporate and other — interest expense compare across companies?
Standard metric for assessing the cost of debt in large-cap companies.