Dynagas LNG Partners LP (Dynagas LNG Partners LP) Interest Expense : $-37.6 Mil (TTM As of Dec. 2023)

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What is Dynagas LNG Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dynagas LNG Partners LP's interest expense for the three months ended in Dec. 2023 was $ -9.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-37.6 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. Dynagas LNG Partners LP's Operating Income for the three months ended in Dec. 2023 was $ 17.7 Mil. Dynagas LNG Partners LP's Interest Expense for the three months ended in Dec. 2023 was $ -9.8 Mil. Dynagas LNG Partners LP's Interest Coverage for the quarter that ended in Dec. 2023 was 1.81. 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.

Dynagas LNG Partners LP Interest Expense Historical Data

The historical data trend for Dynagas LNG 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.

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Dynagas LNG Partners LP Interest Expense Chart

Dynagas LNG Partners LP Annual Data

Trend

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Dec23

Interest Expense

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-46.64

-24.15

-18.76

-25.66

-37.39

Dynagas LNG Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-7.18	-9.18	-9.43	-9.20	-9.78

Dynagas LNG 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.6 Mil.

Dynagas LNG Partners LP (NYSE:DLNG) 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.

Dynagas LNG Partners LP's Interest Expense for the three months ended in Dec. 2023 was $-9.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $17.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.0 Mil.

Dynagas LNG Partners LP'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	*	17.677	/	-9.782
	=	1.81

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

Dynagas LNG Partners LP (Dynagas LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dynagas LNG Partners LP (NYSE:DLNG) » Definitions » Interest Expense

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Traded in Other Exchanges

DLNGpB.PFD:USA DLNGpA.PFD:USA

Address

Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000

Website

http://www.dynagaspartners.com

Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.