Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Interest Expense : $-156 Mil (TTM As of Dec. 2023)

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What is Boardwalk Pipeline Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boardwalk Pipeline Partners LP's interest expense for the three months ended in Dec. 2023 was $ -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-156 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. Boardwalk Pipeline Partners LP's Operating Income for the three months ended in Dec. 2023 was $ 157 Mil. Boardwalk Pipeline Partners LP's Interest Expense for the three months ended in Dec. 2023 was $ -39 Mil. Boardwalk Pipeline Partners LP's Interest Coverage for the quarter that ended in Dec. 2023 was 4.02. 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.

Boardwalk Pipeline Partners LP Interest Expense Historical Data

The historical data trend for Boardwalk Pipeline Partners LP'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.

Boardwalk Pipeline Partners LP Interest Expense Chart

Boardwalk Pipeline Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-178.70

-169.70

-160.80

-165.90

-155.60

Boardwalk Pipeline Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-39.80	-38.90	-39.10	-38.70	-38.90

Boardwalk Pipeline Partners LP 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 $-156 Mil.

Boardwalk Pipeline Partners LP (NYSE:BWP) 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.

Boardwalk Pipeline Partners LP's Interest Expense for the three months ended in Dec. 2023 was $-39 Mil. Its Operating Income for the three months ended in Dec. 2023 was $157 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,262 Mil.

Boardwalk Pipeline Partners LP's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	156.5	/	-38.9
	=	4.02

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

Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Boardwalk Pipeline Partners LP (NYSE:BWP) » Definitions » Interest Expense

Comparable Companies

PSXP TCP EQM AM WES DCP PAGP TRGP ETRN NS TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

9 Greenway Plaza, Suite 2800, Houston, TX, USA, 77046

Website

https://www.bwpipelines.com

Boardwalk Pipeline Partners LP was formed to acquire and develop natural gas pipelines and storage facilities. The Company operates in only one reportable segment which is the operation of interstate natural gas and NGLs pipeline systems and integrated storage facilities. It serves producers of natural gas, local distribution companies (LDCs), marketers, electric power generators, industrial users and interstate, and intrastate pipelines.

Executives

Stanley C Horton	director, officer: President	1400 SMITH STREET, HOUSTON TX 77002
John L Haynes	officer: SVP, CCO & Pres, BWFS	9 GREENWAY PLAZA, SUITE 2800 HOUSTON TX 77046
Kenneth I Siegel	director	667 MADISON AVENUE, NEW YORK NY 10065
Peter W Keegan	director	667 MADISON AVE, NEW YORK NY 10065-8087
Thomas E Hyland	director	1 GOVERNORS WAY KENNEBUNK ME 04043
Boardwalk Pipelines Holding Corp.	director, 10 percent owner	3800 FREDERICA STREET OWENSBORO KY 42301
Andrew H Tisch	director	667 MADISON AVE, NEW YORK NY 10021-8087
Arthur L Rebell	director	667 MADISON AVE, NEW YORK NY 10065-8087
Michael E Mcmahon	officer: Sr. Vice Pres & Gen. Counsel	20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Brian Cody	officer: Senior Vice President	20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Earley John Charles Jr	officer: Senior Vice President	20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
William R Cordes	director	17237 HOWARD PLAZA, OMAHA NE 68118
Steven A Barkauskas	officer: VP & Corporate Controller	3800 FREDERICA STREET OWENSBORO KY 42301
Mark L Shapiro	director	141 STONE FENCE ROAD, BERNARDSVILLE NJ 07924
Rolf A Gafvert	director, officer: Co-President	20 EAST GREENWAY PLAZA, SUITE 900, HOUSTON TX 77046