ENGY (Central Energy Partners LP) Interest Expense: $-0.79 Mil (TTM As of Jun. 2015)


What is Central Energy Partners LP Interest Expense?

Central Energy Partners LP ENGY Interest Expense is $-0.79 Mil as of Jun. 2015.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Central Energy Partners LP's interest expense for the three months ended in Jun. 2015 was $ -0.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was $-0.79 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. Central Energy Partners LP's Operating Income for the three months ended in Jun. 2015 was $ -0.75 Mil. Central Energy Partners LP's Interest Expense for the three months ended in Jun. 2015 was $ -0.20 Mil. Central Energy Partners LP 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.

Central Energy Partners LP  (OTCPK:ENGY) 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.

Central Energy Partners LP's Interest Expense for the three months ended in Jun. 2015 was $-0.20 Mil. Its Operating Income for the three months ended in Jun. 2015 was $-0.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2015 was $0.00 Mil.

Central Energy Partners LP's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Central Energy Partners LP 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.

Central Energy Partners LP Interest Expense Historical Data

* Premium members only.

The historical data trend for Central Energy 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.

Central Energy Partners LP Interest Expense Chart

Central Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.19 -0.20 -0.41 -0.56

Central Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.17 -0.20 -0.20 -0.20 -0.21

Central Energy 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.79 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.79 Mil mean?
Central Energy Partners LP (ENGY) has a Interest Expense of $-0.79 Mil as of Jun. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on Central Energy Partners LP and its competitors.
Is Central Energy Partners LP's Interest Expense too high?
Central Energy Partners LP's current Interest Expense is $-0.79 Mil.
How does Central Energy Partners LP's Interest Expense compare to PGAS and SNMP?
Central Energy Partners LP's Interest Expense of $-0.79 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Central Energy Partners LP and its competitors. Central Energy Partners LP's current Interest Expense is $-0.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Energy Partners LP stock overvalued right now?
Central Energy Partners LP (ENGY) has a current Interest Expense of $-0.79 Mil. The current Interest Expense is $-0.79 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Central Energy Partners LP (ENGY), the current Interest Expense is $-0.79 Mil as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Central Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205
Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.