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ARNPQ.PFD (Atlas Resource Partners LP) Interest Coverage : 0.36 (As of Sep. 2017)


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What is Atlas Resource Partners LP Interest Coverage?

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 by its Interest Expense. Atlas Resource Partners LP's Operating Income for the three months ended in Sep. 2017 was $5.46 Mil. Atlas Resource Partners LP's Interest Expense for the three months ended in Sep. 2017 was $-15.27 Mil. Atlas Resource Partners LP's interest coverage for the quarter that ended in Sep. 2017 was 0.36. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Titan Energy LLCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Atlas Resource Partners LP's Interest Coverage or its related term are showing as below:

ARNPQ.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 0.45   Med: No Debt   Max: No Debt
Current: 0.59


ARNPQ.PFD's Interest Coverage is not ranked
in the Oil & Gas industry.
Industry Median: 5.96 vs ARNPQ.PFD: 0.59

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Atlas Resource Partners LP Interest Coverage Historical Data

The historical data trend for Atlas Resource Partners LP's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Atlas Resource Partners LP Interest Coverage Chart

Atlas Resource Partners LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial - - 0.45 - No Debt

Atlas Resource Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Interest Coverage 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 N/A No Debt 0.87 0.55 0.36

Competitive Comparison of Atlas Resource Partners LP's Interest Coverage

For the Oil & Gas E&P subindustry, Atlas Resource Partners LP's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlas Resource Partners LP's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atlas Resource Partners LP's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Atlas Resource Partners LP's Interest Coverage falls into.


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Atlas Resource Partners LP Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Atlas Resource Partners LP's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Atlas Resource Partners LP's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Atlas Resource Partners LP had no debt (1).

Atlas Resource Partners LP's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, Atlas Resource Partners LP's Interest Expense was $-15.27 Mil. Its Operating Income was $5.46 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2017 )/Interest Expense (Q: Sep. 2017 )
=-1*5.464/-15.268
=0.36

* 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.


Atlas Resource Partners LP  (OTCPK:ARNPQ.PFD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Atlas Resource Partners LP Interest Coverage Related Terms

Thank you for viewing the detailed overview of Atlas Resource Partners LP's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Resource Partners LP Business Description

Traded in Other Exchanges
N/A
Address
425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102
Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.
Executives
Christopher Kenneth Walker officer: Chief Operating Officer 425 HOUSTON STREET, FORT WORTH TX 76102
Matthew Finkbeiner officer: Chief Accounting Officer 1000 COMMERCE DRIVE, 4TH FLOOR, PITTSBURGH PA 15275
Lisa Washington officer: VP, CLO & Corporate Secretary 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Jonathan Z Cohen director, officer: Executive Vice Chairman 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Mark D Schumacher officer: President 1845 WALNUT STREET, PHILADELPHIA PA 19103
Edward E Cohen director, officer: Executive Chairman RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Daniel C Herz director, officer: Chief Executive Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Steven J Pully director 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Michael C Watchorn director NES RENTALS HOLDINGS INC, 8770 W BRYN MAWR, CHICAGO IL 60631
Freddie M Kotek officer: SVP Investment Partnership Div RESOURCE AMERICA, 1845 WALNUT ST, PHILADELPHIA PA 19103
Dolly Ann Craig director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Holtz Dennis A Esq director
Ellen Warren director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Gso / Blackstone Debt Funds Management Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154

Atlas Resource Partners LP Headlines