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Boardwalk Pipeline Partners LP (FRA:B5P) Interest Expense : €-148 Mil (TTM As of Mar. 2024)


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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 Mar. 2024 was € -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-148 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 Mar. 2024 was € 179 Mil. Boardwalk Pipeline Partners LP's Interest Expense for the three months ended in Mar. 2024 was € -40 Mil. Boardwalk Pipeline Partners LP's Interest Coverage for the quarter that ended in Mar. 2024 was 4.48. 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only -160.83 -139.49 -142.31 -156.61 -142.69

Boardwalk Pipeline Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -36.33 -36.09 -36.26 -35.67 -39.84

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-148 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.


Boardwalk Pipeline Partners LP  (FRA:B5P) 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.

Boardwalk Pipeline Partners LP's Interest Expense for the three months ended in Mar. 2024 was €-40 Mil. Its Operating Income for the three months ended in Mar. 2024 was €179 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2,974 Mil.

Boardwalk Pipeline Partners LP's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*178.572/-39.836
=4.48

* 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.


Boardwalk Pipeline Partners LP (FRA:B5P) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 2800, Houston, TX, USA, 77046
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.

Boardwalk Pipeline Partners LP (FRA:B5P) Headlines

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