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KLX Energy Services Holdings (KLX Energy Services Holdings) Interest Expense : $-36.6 Mil (TTM As of Mar. 2024)


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What is KLX Energy Services Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KLX Energy Services Holdings's interest expense for the three months ended in Mar. 2024 was $ -9.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-36.6 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. KLX Energy Services Holdings's Operating Income for the three months ended in Mar. 2024 was $ -13.1 Mil. KLX Energy Services Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -9.6 Mil. KLX Energy Services Holdings 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.


KLX Energy Services Holdings Interest Expense Historical Data

The historical data trend for KLX Energy Services Holdings'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.

KLX Energy Services Holdings Interest Expense Chart

KLX Energy Services Holdings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -7.10 -29.20 -30.70 -35.00 -36.50

KLX Energy Services Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 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 -9.30 -8.50 -9.20 -9.30 -9.60

KLX Energy Services Holdings 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 $-36.6 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.


KLX Energy Services Holdings  (NAS:KLXE) 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.

KLX Energy Services Holdings's Interest Expense for the three months ended in Mar. 2024 was $-9.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-13.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $333.0 Mil.

KLX Energy Services Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

KLX Energy Services Holdings 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.


KLX Energy Services Holdings (KLX Energy Services Holdings) Business Description

Traded in Other Exchanges
Address
3040 Post Oak Boulevard, 15th Floor, Houston, TX, USA, 77056
KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region.
Executives
Christopher J. Baker officer: See Remarks C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2900, HOUSTON TX 77002
Keefer Mcgovern Lehner officer: See Remarks C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Geoffrey C Stanford officer: Chief Accouting Officer 4400 POST OAK PARKWAY, SUITE 1000, HOUSTON TX 77027
Max Bouthillette officer: See Remarks C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Denham Capital Management Gp Llc 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Denham Capital Management Lp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Denham Iv Continuation Fund Gp Lp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Stuart D Porter 10 percent owner 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Denham Iv Continuation Gp Llc 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Greene's Investment Holdings Llc 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Denham Iv Continuation Fund Lp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Greene's Holding Corp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Robertson Corbin J Jr director, 10 percent owner, other: Member of 10% owner group 601 JEFFERSON STE 3600, HOUSTON TX 77002
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Collins director THE COLLINS GROUP, 60 STATE ST, SUITE 700, BOSTON MA 02109