Discontinued — last reported Q4 '23
Electric — Interest and Debt Expense
CenterPoint Energy Electric — Interest and Debt Expense remained flat by 0.0% to $75.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 28.9%, from $58.75M to $75.75M. Over 2 years (FY 2021 to FY 2023), Electric — Interest and Debt Expense shows an upward trend with a 15.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase often signals higher debt levels or rising interest rates, which can pressure segment margins, while a decrease may indicate debt reduction or refinancing at lower rates.
Detailed definition
This metric captures the total interest costs incurred on debt obligations specifically allocated to the electric utilit...
Peer comparison
Standard for all capital-intensive utility companies; peers will report similar interest expenses tied to their regulated asset base.
cnp_segment_electric_interest_and_debt_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $226.00M | $235.00M | $303.00M |
| YoY Change | — | +4.0% | +28.9% |
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Frequently Asked Questions
- What is CenterPoint Energy's electric — interest and debt expense?
- CenterPoint Energy (CNP) reported electric — interest and debt expense of $75.75M in Q4 2023.
- How has CenterPoint Energy's electric — interest and debt expense changed year-over-year?
- CenterPoint Energy's electric — interest and debt expense increased by 28.9% year-over-year, from $58.75M to $75.75M.
- What is the long-term trend for CenterPoint Energy's electric — interest and debt expense?
- Over 2 years (2021 to 2023), CenterPoint Energy's electric — interest and debt expense has grown at a 15.8% compound annual growth rate (CAGR), from $226.00M to $303.00M.
- What does electric — interest and debt expense mean?
- The total interest costs paid on debt attributed to the electric utility segment.