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Linn Energy (Linn Energy) Interest Expense : $-29.9 Mil (TTM As of Sep. 2019)


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What is Linn Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Linn Energy's interest expense for the three months ended in Sep. 2019 was $ -11.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-29.9 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. Linn Energy's Operating Income for the three months ended in Sep. 2019 was $ -4.2 Mil. Linn Energy's Interest Expense for the three months ended in Sep. 2019 was $ -11.4 Mil. Linn Energy did not have earnings to cover the interest expense. 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.


Linn Energy Interest Expense Historical Data

The historical data trend for Linn Energy'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.

Linn Energy Interest Expense Chart

Linn Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -499.89 -456.75 -0.09 -1.46 -8.35

Linn Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -2.09 -3.37 -6.74 -8.46 -11.37

Linn Energy 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-29.9 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.


Linn Energy  (DELISTED:LNGG) 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.

Linn Energy's Interest Expense for the three months ended in Sep. 2019 was $-11.4 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-4.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $778.2 Mil.

Linn Energy's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Linn Energy did not have earnings to cover the interest expense.

* 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.


Linn Energy (Linn Energy) Business Description

Traded in Other Exchanges
N/A
Address
14701 Hertz Quail Springs Parkway, Oklahoma City, OK, USA, 73134
Linn Energy Inc is a US-based independent oil and natural gas company. Its objective is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. The company's properties are located in the United States in the Hugoton Basin, the Rockies, the Mid-Continent, east Texas and north Louisiana, Michigan/Illinois, California, the Permian Basin and south Texas. Linn derives revenue from the sale of oil, natural gas and natural gas liquids.

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