RPC Interest Expense Definition
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RPC's interest expense for the
three
months ended in Dec. 2023 was $ -0 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0 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. RPC's Operating Income for the
three
months ended in Dec. 2023 was $ 48 Mil. RPC's Interest Expense for the
three
months ended in Dec. 2023 was $ -0 Mil.
RPC's Interest Coverage for the quarter that ended in Dec. 2023 was 501.03.
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.
RPC 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0 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.
RPC (NYSE:RES) 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.
RPC's Interest Expense for the
three
months ended in Dec. 2023 was $-0 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $48 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $19 Mil.
RPC's Interest Coverage for the quarter that ended in Dec. 2023 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.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. RPC Inc has enough cash to cover all of its debt. Its financial situation is stable.
RPC (RES) Business Description
Traded in Other Exchanges
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.
Executives
| Gary W. Rollins Voting Trust U/a Dated September 14, 1994 |
10 percent owner |
C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329 |
| Amy Rollins Kreisler |
director |
2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329 |
| Timothy Curtis Rollins |
director |
2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329 |
| Pam R Rollins |
director |
2170 PIEDMONT ROAD, ATLANTA GA 30324 |
| Gary W Rollins |
director, 10 percent owner |
2170 PIEDMONT ROAD NE, ATLANTA GA 30324 |
| Lor Inc |
10 percent owner |
C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329 |
| Michael Schmit |
officer: CFO and Corporate Secretary |
3055 TORRINGTON DRIVE, BALL GROUND GA 30107 |
| John F Wilson |
director |
2170 PIEDMONT ROAD, NE, ATLANTA GA 30324 |
| Rollins Holding Company, Inc. |
10 percent owner |
C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329 |
| Ben M Palmer |
officer: VP, CFO and Treasurer |
C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324 |
| Patrick J. Gunning |
director |
1958 CALDER COURT, DUNWOODY GA 30338 |
| Susan R. Bell |
director |
852 CASTLE FALLS DR., ATLANTA GA 30329 |
| Harry J Cynkus |
director |
2170 PIEDMONT RD, ATLANTA GA 30324 |
| Jerry W Nix |
director |
2999 WILDWOOD PARKWAY, ATLANTA GA 30339 |
| R. Randall Rollins 2012 Trust |
10 percent owner |
C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329 |
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