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Williams Partners LP (Williams Partners LP) Interest Expense : $-823 Mil (TTM As of Jun. 2018)


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What is Williams Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Williams Partners LP's interest expense for the three months ended in Jun. 2018 was $ -211 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-823 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. Williams Partners LP's Operating Income for the three months ended in Jun. 2018 was $ 480 Mil. Williams Partners LP's Interest Expense for the three months ended in Jun. 2018 was $ -211 Mil. Williams Partners LP's Interest Coverage for the quarter that ended in Jun. 2018 was 2.27. 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.


Williams Partners LP Interest Expense Historical Data

The historical data trend for Williams 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.

Williams Partners LP Interest Expense Chart

Williams Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -387.00 -562.00 -811.00 -916.00 -822.00

Williams Partners LP Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -205.00 -202.00 -201.00 -209.00 -211.00

Williams 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-823 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.


Williams Partners LP  (NYSE:WPZ) 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.

Williams Partners LP's Interest Expense for the three months ended in Jun. 2018 was $-211 Mil. Its Operating Income for the three months ended in Jun. 2018 was $480 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was $17,018 Mil.

Williams Partners LP's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2018 )/Interest Expense (Q: Jun. 2018 )
=-1*480/-211
=2.27

* 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.


Williams Partners LP (Williams Partners LP) Business Description

Traded in Other Exchanges
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Address
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.

Williams Partners LP (Williams Partners LP) Headlines