Algonquin Interest Expense from 2010 to 2026

751 Stock  EUR 5.50  0.14  2.61%   
Algonquin Power's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 470.1 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2019-09-30
Previous Quarter
77.5 M
Current Value
79.1 M
Quarterly Volatility
22.2 M
 
Covid
 
Interest Hikes
Check Algonquin Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algonquin Power's main balance sheet or income statement drivers, such as Tax Provision of 176.5 M, Interest Income of 41.4 M or Interest Expense of 470.1 M, as well as many indicators such as . Algonquin financial statements analysis is a perfect complement when working with Algonquin Power Valuation or Volatility modules.
  
This module can also supplement various Algonquin Power Technical models . Check out the analysis of Algonquin Power Correlation against competitors.
The Interest Expense trend for Algonquin Power Utilities offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Algonquin Power is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Algonquin Power's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Algonquin Power Utilities over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Algonquin Power's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algonquin Power's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Algonquin Interest Expense Regression Statistics

Arithmetic Mean156,123,767
Geometric Mean0.00
Coefficient Of Variation111.60
Mean Deviation147,411,283
Median152,118,000
Standard Deviation174,229,773
Sample Variance30356T
Range470.1M
R-Value0.94
Mean Square Error3821T
R-Squared0.88
Slope32,403,013
Total Sum of Squares485696.2T

Algonquin Interest Expense History

2026470.1 M
2025447.7 M
2024389.3 M
2023328.1 M
2022293.7 M
2021209.6 M
2020181.9 M

About Algonquin Power Financial Statements

Algonquin Power stakeholders use historical fundamental indicators, such as Algonquin Power's Interest Expense, to determine how well the company is positioned to perform in the future. Although Algonquin Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Algonquin Power's assets and liabilities are reflected in the revenues and expenses on Algonquin Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Algonquin Power Utilities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense447.7 M470.1 M

Currently Active Assets on Macroaxis

When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:
Check out the analysis of Algonquin Power Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Understanding that Algonquin Power's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Algonquin Power represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Algonquin Power's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.