Calumet Specialty Products Partners LP (Calumet Specialty Products Partners LP) Interest Expense : $-222 Mil (TTM As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Calumet Specialty Products Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Calumet Specialty Products Partners LP's interest expense for the three months ended in Dec. 2023 was $ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-222 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. Calumet Specialty Products Partners LP's Operating Income for the three months ended in Dec. 2023 was $ -9 Mil. Calumet Specialty Products Partners LP's Interest Expense for the three months ended in Dec. 2023 was $ -58 Mil. Calumet Specialty Products Partners LP did not have earnings to cover the interest expense. 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.

Calumet Specialty Products Partners LP Interest Expense Historical Data

The historical data trend for Calumet Specialty Products Partners LP'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.

Calumet Specialty Products Partners LP Interest Expense Chart

Calumet Specialty Products Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-134.60

-125.90

-149.50

-175.90

-221.70

Calumet Specialty Products Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-39.90	-49.20	-55.80	-58.70	-58.00

Calumet Specialty Products Partners LP 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 $-222 Mil.

Calumet Specialty Products Partners LP (NAS:CLMT) Interest Expense Explanation

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

Calumet Specialty Products Partners LP's Interest Expense for the three months ended in Dec. 2023 was $-58 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,869 Mil.

Calumet Specialty Products Partners LP's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Calumet Specialty Products Partners LP did not have earnings to cover the interest expense.

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

Calumet Specialty Products Partners LP (Calumet Specialty Products Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Calumet Specialty Products Partners LP (NAS:CLMT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, USA, 46214

Website

https://www.calumetspecialty.com

Calumet Specialty Products Partners LP is an independent producer of specialty hydrocarbon products in North America. The company operates through three segments namely Specialty Products and Solutions segment manufacture and market solvents, waxes, customized lubricating oils, white oils, petrolatum's, gels, esters, and other products. In Performance Brands segment, the company blend, package and market high performance products through its Royal Purple, Bel-Ray, and TruFuel brands. The Montana/Renewables segment is comprised of two businesses - renewable diesel and specialty asphalt. The Corporate segment primarily consists of general and administrative expenses not allocated to the Specialty Products and Solutions, Performance Brands or Montana/Renewables segments.

Executives

Stephen P Mawer	director	2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
John G. Boss	director	260 HUDSON RIVER ROAD, WATERFORD NY 12188
Ryan Willman	officer: Chief Accounting Officer	2780 WATERFRONT PKWY E. DR., STE. 200, INDIANAPOLIS IN 46214
Scott Obermeier	officer: EVP - Commercial	2780 WATERFRONT PARKWAY, E. DRIVE, INDIANAPOLIS IN 46214
Daniel J Sajkowski	director	5400 WEST 86TH STREET, INDIANAPOLIS IN 46268
James S Carter	director	2780 WATERFRONT PKWY. E. DRIVE, SUITE 200, INDIANPOLIS IN 46214
Louis Todd Borgmann	officer: SVP and Interim CFO	2780 WATERFRONT PARKWAY, E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Karen A. Twitchell	director	9 COURTLANDT PLACE, HOUSTON TX 77006
Marc Lawn	officer: EVP - Performance Brands	2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Paul C Raymond	director	HERCULES PLAZA, 1313 N MARKET STREET, WILMINGTON DE 19894
Vincent Donargo	officer: Chief Accounting Officer	ONE CELADON DRIVE, 9503 E. 33RD STREET, INDIANAPOLIS IN 46235
H. Keith Jennings	officer: Chief Financial Officer	2000 ST. JAMES PLACE, HOUSTON TX 77056
A Anderson William	officer: VP - Sales and Marketing	2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Daniel L Sheets	director	29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
David West Griffin	officer: EVP and CFO	2780 WATERFRONT PARKWAY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214