Kraton (Kraton) Interest Expense : $-42 Mil (TTM As of Dec. 2021)

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What is Kraton Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kraton's interest expense for the three months ended in Dec. 2021 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $-42 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. Kraton's Operating Income for the three months ended in Dec. 2021 was $ 60 Mil. Kraton's Interest Expense for the three months ended in Dec. 2021 was $ -10 Mil. Kraton's Interest Coverage for the quarter that ended in Dec. 2021 was 5.75. 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.

Kraton Interest Expense Historical Data

The historical data trend for Kraton'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.

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Kraton Interest Expense Chart

Kraton Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-132.46

-93.77

-75.78

-57.93

-41.84

Kraton Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Interest Expense	Get a 7-Day Free Trial															-13.48	-10.95	-10.42	-9.99	-10.49

Kraton 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-42 Mil.

Kraton (NYSE:KRA) 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.

Kraton's Interest Expense for the three months ended in Dec. 2021 was $-10 Mil. Its Operating Income for the three months ended in Dec. 2021 was $60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was $897 Mil.

Kraton's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2021 )	/	Interest Expense (Q: Dec. 2021 )
	=	-1	*	60.27	/	-10.487
	=	5.75

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

Kraton (Kraton) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kraton Corp (NYSE:KRA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

15710 John F. Kennedy Boulevard, Suite 300, Houston, TX, USA, 77032

Website

http://www.kraton.com

Kraton Corp is a specialty chemicals company that primarily manufactures elastomers and synthetic replacements for rubber. The company's operating segments include polymer and chemical. It generates a majority revenue from the polymer segment. The polymer segment is composed of styrenic block copolymers (SBCs) and other engineered polymers business. The firm's chemical segment is composed of its pine-based specialty products business. It is a geographically diverse company, oprating in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company's products are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing, and footwear products.

Executives

Kevin Michael Fogarty	director, officer: President and CEO	30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
Vijay Mhetar	officer: SVP, Chief Technology Officer	15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Marcello C Boldrini	officer: SVP & Chemical Seg. President	15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Chris H. Russell	officer: VP, Chief Accounting Officer	15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
James Leo Simmons	officer: SVP, General Counsel & Sec.	15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Mark Santangelo	officer: SVP, Global Operations	15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Atanas H Atanasov	officer: SVP, CFO and Treasurer	C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
Haddad Jose Fernando Cherubini	other: Former SVP, Global Operations	15710 JOHN F KENNEDY BLVD SUITE 300 HOUSTON TX 77032
Heba Botros	other: Former VP, Corp. Dev.	15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Holger R. Jung	officer: SVP & Polymer Seg. President	15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Suzanna Pesgens	officer: VP, Chief Procurement Officer	15710 JOHN F. KENNEDY BLVD.,SUITE 300 HOUSTON TX 77004
Melinda Scissors Conley	officer: SVP & Chief HR Officer	15710 JFK BOULEVARD, SUITE 300 HOUSTON TX 77032
Shelley J Bausch	director	15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Billie Ida Williamson	director	151 DETROIT STREET, DENVER CO 80206
Dan F Smith	director	1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010