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BlueLinx Holdings (BlueLinx Holdings) Interest Expense

: $-24 Mil (TTM As of Dec. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BlueLinx Holdings's interest expense for the three months ended in Dec. 2023 was $ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-24 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. BlueLinx Holdings's Operating Income for the three months ended in Dec. 2023 was $ 27 Mil. BlueLinx Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -4 Mil. BlueLinx Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 6.52. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


BlueLinx Holdings Interest Expense Historical Data

The historical data trend for BlueLinx Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlueLinx Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -54.22 -47.41 -45.51 -42.27 -23.75

BlueLinx Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.28 -7.69 -6.31 -5.58 -4.17

BlueLinx Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlueLinx Holdings  (NYSE:BXC) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BlueLinx Holdings's Interest Expense for the three months ended in Dec. 2023 was $-4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $601 Mil.

BlueLinx Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*27.185/-4.171
=6.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


BlueLinx Holdings (BlueLinx Holdings) Business Description

Traded in Other Exchanges
Address
1950 Spectrum Circle, Suite 300, Marietta, GA, USA, 30067
BlueLinx Holdings Inc is engaged in the wholesale distribution of residential and commercial building products. Its business products are split into two categories: Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. The company's operations are carried out throughout the United States.
Executives
Kimberly Ann Debrock officer: VP & CHIEF ACCOUNTING OFFICER 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Mitchell B Lewis director, officer: President And CEO 4300 WILDWOOD PARKWAY, ATLANTA GA 30339
Wamser R Andrew Jr officer: SVP & CHIEF FINANCIAL OFFICER C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT PARKWAY, SUITE 600, ALPHARETTA GA 30022
Anuj Dhanda director ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Keith Haas director 1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Marietta Edmunds Zakas director 1200 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Michael Wilson officer: SENIOR VICE PRESIDENT 1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Gibson Dwight Audley Konrad director, officer: President and CEO C/O SPX FLOW, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Carol B Yancey director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Adam Bowen officer: VP & CHIEF ACCOUNTING OFFICER 1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Kevin A Henry officer: CHIEF PEOPLE OFFICER 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Dominic Dinapoli director 500 EAST PRATT STREET, SUITE 1400, BALTIMORE MD 21202
Sean Dwyer officer: See Remarks 1950 SPECTRUM CIRCLE, SUITE 300, MARIETTA GA 30067
Kim S Fennebresque director BLUELINX HOLDINGS INC, 4300 WILDWOOD PARKWAY, ATLANTA GA 30339
Shyam K. Reddy officer: Chief Administrative Officer 4300 WILDWOOD PARKWAY, ATLANTA GA 30339