What is Gas Natural Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gas Natural's interest expense for the
three
months ended in Mar. 2017 was $ -0.7 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2017 was $-3.3 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. Gas Natural's Operating Income for the
three
months ended in Mar. 2017 was $ 5.9 Mil. Gas Natural's Interest Expense for the
three
months ended in Mar. 2017 was $ -0.7 Mil.
Gas Natural's Interest Coverage for the quarter that ended in Mar. 2017 was 9.10.
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.
Gas Natural 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 Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.3 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.
Gas Natural (AMEX:EGAS) 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.
Gas Natural's Interest Expense for the
three
months ended in Mar. 2017 was $-0.7 Mil. Its
Operating Income
for the
three
months ended in Mar. 2017 was $5.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2017 was $51.7 Mil.
Gas Natural's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as
* 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.
Gas Natural (Gas Natural) Business Description
Traded in Other Exchanges
N/A
Address
Gas Natural Inc was incorporated in Montana in 1909 and was reorganized as a holding company in 2009 as a means to facilitate future acquisitions and corporate level financing of natural gas utility and energy-related businesses. On July 9, 2010 the Company moved its state of incorporation to Ohio and changed its name from Energy, Inc. to Gas Natural Inc. The Company is a natural gas company, operating local distribution companies in six states and serving approximately 69,400 customers in total. It reports results in three business segments; Natural Gas, Marketing and Production, Corporate and Other. Natural Gas represents the majority of the Company's revenue, it annually distributes approximately 21 Bcf of natural gas to approximately 68,000 customers through regulated utilities operating in Kentucky, Maine, Montana, North Carolina, Ohio, and Pennsylvania. In the Marketing and Production segment, the Company markets approximately 3.6 Bcf of natural gas to commercial and industrial customers in Montana, Wyoming, Ohio, and Pennsylvania through EWR and GNR subsidiaries. Its EWR subsidiary also manages midstream supply and production assets for transportation customers and utilities. Corporate and Other encompasses the results of corporate acquisitions and other equity transactions and discontinued operations. Included in corporate and other are costs associated with business development and acquisitions, dividend income and recognized gains from the sale of marketable securities. In the Company's natural gas operations, it generally faces competition in the distribution and sales of natural gas from suppliers of other fuels, including coal, electricity, oil and propane. Its utility operations are subject to regulation by the KPSC, MPUC, MPSC, NCUC, PUCO, and the PaPUC. These authorities regulate many aspects of Company's distribution operations, including construction and maintenance of facilities, operations, safety, and regulatory rates charged to customers which control the rate of return it is allowed to realize.
Executives
Gas Natural (Gas Natural) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EGAS has been successfully added to your 