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Western Midstream Operating LP (FRA:3NZ) Interest Expense : €-150 Mil (TTM As of Dec. 2018)


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What is Western Midstream Operating LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Midstream Operating LP's interest expense for the three months ended in Dec. 2018 was € -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was €-150 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. Western Midstream Operating LP's Operating Income for the three months ended in Dec. 2018 was € 168 Mil. Western Midstream Operating LP's Interest Expense for the three months ended in Dec. 2018 was € -44 Mil. Western Midstream Operating LP's Interest Coverage for the quarter that ended in Dec. 2018 was 3.80. 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.


Western Midstream Operating LP Interest Expense Historical Data

The historical data trend for Western Midstream Operating 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.

Western Midstream Operating LP Interest Expense Chart

Western Midstream Operating LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.12 -86.05 -110.22 -114.67 -154.53

Western Midstream Operating LP Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -28.66 -30.19 -36.28 -39.40 -44.14

Western Midstream Operating 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €-150 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.


Western Midstream Operating LP  (FRA:3NZ) 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.

Western Midstream Operating LP's Interest Expense for the three months ended in Dec. 2018 was €-44 Mil. Its Operating Income for the three months ended in Dec. 2018 was €168 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was €4,208 Mil.

Western Midstream Operating LP's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2018 )/Interest Expense (Q: Dec. 2018 )
=-1*167.544/-44.144
=3.80

* 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.


Western Midstream Operating LP (FRA:3NZ) Business Description

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Western Gas Partners, LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil for Anadarko Petroleum Corporation and its consolidated subsidiaries, as well as third-party producers and customers. The company's operations and activities are managed by its general partner, which is indirectly controlled by Anadarko through WGP. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.

Western Midstream Operating LP (FRA:3NZ) Headlines

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