Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Interest Expense

: $-50 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Babcock & Wilcox Enterprises's interest expense for the three months ended in Dec. 2023 was $ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-50 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. Babcock & Wilcox Enterprises's Operating Income for the three months ended in Dec. 2023 was $ 2 Mil. Babcock & Wilcox Enterprises's Interest Expense for the three months ended in Dec. 2023 was $ -13 Mil. Babcock & Wilcox Enterprises's Interest Coverage for the quarter that ended in Dec. 2023 was 0.18. 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.

Babcock & Wilcox Enterprises Interest Expense Historical Data

The historical data trend for Babcock & Wilcox Enterprises'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.

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Babcock & Wilcox Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-44.39

-43.33

-33.53

-44.86

-49.90

Babcock & Wilcox Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-12.17	-12.66	-11.18	-13.42	-12.65

Babcock & Wilcox Enterprises 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 $-50 Mil.

Babcock & Wilcox Enterprises (NYSE:BW) 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.

Babcock & Wilcox Enterprises's Interest Expense for the three months ended in Dec. 2023 was $-13 Mil. Its Operating Income for the three months ended in Dec. 2023 was $2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $425 Mil.

Babcock & Wilcox Enterprises'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	*	2.284	/	-12.647
	=	0.18

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Babcock & Wilcox Enterprises Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Babcock & Wilcox Enterprises Inc (NYSE:BW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BWpA.PFD:USA UBW1:Germany

Address

1200 East Market Street, Suite 650, Akron, OH, USA, 44305

Website

https://www.babcock.com

Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.

Executives

Henry E Bartoli	director, officer: Chief Strategy Officer	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Christopher S Riker	officer: Senior Vice President	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Louis Jr Salamone	officer: Chief Financial Officer	7925 JONES BRANCH DRIVE, MCLEAN VA 22102
Joseph A Tato	director	580 INDIAN HARBOR ROAD, VERO BEACH FL 32963
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kenneth M Young	officer: Chief Executive Officer	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John J Dziewisz	officer: SVP & Corp. Secy.	1200 E. MARKET STREET, SUITE 650, SUITE 650, AKRON OH 44305
Joseph T Buckler	officer: Senior Vice President	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Jimmy B Morgan	officer: SVP, Babcock & Wilcox	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Philip D Moeller	director	2306 CHAIN BRIDGE ROAD, NW, WASHINGTON DC 20016
Rebecca L Stahl	director	2106 SOUTH BAY LANE, RESTON VA 20191
Brf Investments, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Opportunity Fund, Lp	10 percent owner	11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Vintage Capital Management Llc	10 percent owner	4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819