Discontinued — last reported Q3 '23

Business Segments · Interest Expense

SDGE — Interest Expense

Sempra Energy SDGE — Interest Expense increased by 2.4% to $126.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $113.00M to $126.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2023
Rolls up toInterest Expense

How to read this metric

An increase indicates higher debt levels or rising interest rates, which can pressure net margins, while a decrease suggests debt reduction or refinancing at lower rates.

Detailed definition

Represents the cost of debt financing incurred by the San Diego Gas & Electric segment to fund its operations and capita...

Peer comparison

Standard metric for all regulated utilities; reflects the cost of capital and leverage profile of the specific entity.

Metric ID: sre_segment_sdg_e_interest_expense

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$101.00M$104.00M$105.00M$106.00M$114.00M$113.00M$116.00M$118.00M$123.00M$126.00M
QoQ Change+3.0%+1.0%+1.0%+7.5%-0.9%+2.7%+1.7%+4.2%+2.4%
YoY Change+12.9%+8.7%+10.5%+11.3%+7.9%+11.5%
Range$101.00M$126.00M
CAGR+10.3%
Avg YoY Growth+10.5%
Median YoY Growth+10.9%
Current Streak4 quarters growth

Frequently Asked Questions

What is Sempra Energy's sdge — interest expense?
Sempra Energy (SRE) reported sdge — interest expense of $126.00M in Q3 2023.
How has Sempra Energy's sdge — interest expense changed year-over-year?
Sempra Energy's sdge — interest expense increased by 11.5% year-over-year, from $113.00M to $126.00M.
What does sdge — interest expense mean?
The cost of interest payments on the debt used to finance the segment's operations and infrastructure.