Layne Christensen Co (Layne Christensen Co) Interest Expense : $-17.3 Mil (TTM As of Apr. 2018)

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What is Layne Christensen Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Layne Christensen Co's interest expense for the three months ended in Apr. 2018 was $ -4.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2018 was $-17.3 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. Layne Christensen Co's Operating Income for the three months ended in Apr. 2018 was $ 4.6 Mil. Layne Christensen Co's Interest Expense for the three months ended in Apr. 2018 was $ -4.4 Mil. Layne Christensen Co's Interest Coverage for the quarter that ended in Apr. 2018 was 1.05. 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.

Layne Christensen Co Interest Expense Historical Data

The historical data trend for Layne Christensen Co'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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Layne Christensen Co Interest Expense Chart

Layne Christensen Co Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Interest Expense

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-7.13

-13.71

-18.01

-16.88

-17.12

Layne Christensen Co Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18
Interest Expense	Get a 7-Day Free Trial															-4.20	-4.24	-4.31	-4.38	-4.41

Layne Christensen Co 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 Apr. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.3 Mil.

Layne Christensen Co (NAS:LAYN) 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.

Layne Christensen Co's Interest Expense for the three months ended in Apr. 2018 was $-4.4 Mil. Its Operating Income for the three months ended in Apr. 2018 was $4.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2018 was $99.0 Mil.

Layne Christensen Co's Interest Coverage for the quarter that ended in Apr. 2018 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2018 )	/	Interest Expense (Q: Apr. 2018 )
	=	-1	*	4.642	/	-4.408
	=	1.05

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

Layne Christensen Co (Layne Christensen Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Layne Christensen Co (NAS:LAYN) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.layne.com

Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.

Executives

Nesser John T Iii	director	777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi	director	AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson	officer: Senior Vice President and CFO
Brown David A B	director
Michael J Caliel	director	1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus	director
Wynnefield Small Cap Value Offshore Fund Ltd	other: Affiliate	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc	other: Affiliate	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp	other: Affiliate	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc	other: Affiliate	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	other: Affiliate	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	other: Affiliate
Andrew B Schmitt	director	1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller	director
Wynnefield Capital, Inc. Profit Sharing Plan	director, 10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123