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KMG Chemicals (KMG Chemicals) Interest Expense : $-21.5 Mil (TTM As of Jul. 2018)


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What is KMG Chemicals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KMG Chemicals's interest expense for the three months ended in Jul. 2018 was $ -4.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2018 was $-21.5 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. KMG Chemicals's Operating Income for the three months ended in Jul. 2018 was $ 22.4 Mil. KMG Chemicals's Interest Expense for the three months ended in Jul. 2018 was $ -4.2 Mil. KMG Chemicals's Interest Coverage for the quarter that ended in Jul. 2018 was 5.33. 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.


KMG Chemicals Interest Expense Historical Data

The historical data trend for KMG Chemicals'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.

KMG Chemicals Interest Expense Chart

KMG Chemicals Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.85 -1.41 -0.80 -4.82 -21.53

KMG Chemicals Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
Interest Expense Get a 7-Day Free Trial 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 -4.17 -8.09 -5.09 -4.15 -4.20

KMG Chemicals 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 Jul. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.5 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.


KMG Chemicals  (NYSE:KMG) 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.

KMG Chemicals's Interest Expense for the three months ended in Jul. 2018 was $-4.2 Mil. Its Operating Income for the three months ended in Jul. 2018 was $22.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2018 was $306.1 Mil.

KMG Chemicals's Interest Coverage for the quarter that ended in Jul. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2018 )/Interest Expense (Q: Jul. 2018 )
=-1*22.367/-4.196
=5.33

* 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.


KMG Chemicals (KMG Chemicals) Business Description

Traded in Other Exchanges
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Address
KMG Chemicals Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on product type. The electronic chemicals segment, which generates the majority of revenue, sells chemicals primarily to manufacturers of semiconductors. The other chemicals segment sells industrial sealants and lubricants primarily to the oil and gas storage and distribution industry as well as wood treatment chemicals used primarily to treat utility poles and cross arms. The majority of revenue comes from the United States.
Executives
Hunter John C Iii director C/O PENFORD CORPORATION, 7094 S. REVERE PARKWAY, CENTENNIAL CO 80112-3932
Karen A. Twitchell director 9 COURTLANDT PLACE, HOUSTON TX 77006
Christopher T. Fraser director, officer: President and CEO 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Margaret C Montana director 910 LOUISIANA STREET, HOUSTON TX 77002
George W Gilman director 710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
James Gentilcore director NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Malinda G Passmore officer: VP and CFO 9555 W SAM HOUSTON PARKWAY S, SUITE 600, HOUSTON TX 77099
Stephen A Thorington director 700 MILAM, SUITE 3100, HOUSTON TX 77002
Gendell Jeffrey L Et Al other: Former 10% Owner 200 PARK AVENUE SUITE 3900, NEW YORK NY 10166

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