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Energy Transfer Partners LP (NYSE:ETP)
Interest Expense
$-865 Mil (TTM As of Sep. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Energy Transfer Partners LP's interest expense for the three months ended in Sep. 2014 was $-212 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was $-865 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. Energy Transfer Partners LP's Operating Income for the three months ended in Sep. 2014 was $668 Mil. Energy Transfer Partners LP's Interest Expense for the three months ended in Sep. 2014 was $-212 Mil. Energy Transfer Partners LP's interest coverage for the quarter that ended in Sep. 2014 was 3.15. The higher the ratio, the stronger the company’s financial strength is.


Definition

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

Energy Transfer Partners LP Interest Expense for the trailing twelve months (TTM) ended in Sep. 2014 was -217 (Dec. 2013 ) + -219 (Mar. 2014 ) + -217 (Jun. 2014 ) + -212 (Sep. 2014 ) = $-865 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.

Energy Transfer Partners LP's interest expense for the three months ended in Sep. 2014 was $-212 Mil. Its operating income for the three months ended in Sep. 2014 was $668 Mil. And its Long-Term Debt for the three months ended in Sep. 2014 was $17,540 Mil.

Energy Transfer Partners LP's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Interest Coverage=-1*Operating Income (Q: Sep. 2014 )/Interest Expense (Q: Sep. 2014 )
=-1*668/-212
=3.15

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Energy Transfer Partners LP Annual Data

Aug04Aug05Aug06Aug07Dec08Dec09Dec10Dec11Dec12Dec13
Interest Expense -41-93-114-176-266-394-413-474-665-849

Energy Transfer Partners LP Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Interest Expense -191-147-186-211-211-210-217-219-217-212
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