Southcross Energy Partners LP (FRA:SCR) Interest Expense: €-39.0 Mil (TTM As of Mar. 2019)


What is Southcross Energy Partners LP Interest Expense?

Southcross Energy Partners LP FRA:SCR Interest Expense is €-39.0 Mil as of Mar. 2019. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southcross Energy Partners LP's interest expense for the three months ended in Mar. 2019 was € -10.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was €-39.0 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. Southcross Energy Partners LP's Operating Income for the three months ended in Mar. 2019 was € -12.0 Mil. Southcross Energy Partners LP's Interest Expense for the three months ended in Mar. 2019 was € -10.2 Mil. Southcross 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.

Southcross Energy Partners LP  (FRA:SCR) 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.

Southcross Energy Partners LP's Interest Expense for the three months ended in Mar. 2019 was €-10.2 Mil. Its Operating Income for the three months ended in Mar. 2019 was €-12.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was €0.0 Mil.

Southcross Energy Partners LP's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Southcross 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.

Southcross Energy Partners LP Interest Expense Historical Data

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The historical data trend for Southcross 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.

Southcross Energy Partners LP Interest Expense Chart

Southcross Energy Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only -12.62 -30.05 -33.34 -32.26 -38.19

Southcross Energy Partners LP Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -8.12 -9.50 -9.56 -9.83 -10.15

Southcross 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was €-39.0 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 €-39.0 Mil mean?
Southcross Energy Partners LP (FRA:SCR) has a Interest Expense of €-39.0 Mil as of Mar. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Southcross Energy Partners LP and its competitors.
Is Southcross Energy Partners LP's Interest Expense too high?
Southcross Energy Partners LP's current Interest Expense is €-39.0 Mil.
How does Southcross Energy Partners LP's Interest Expense compare to CNIG?
Southcross Energy Partners LP's Interest Expense of €-39.0 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Interest Expense depends on the Utilities - Regulated 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 Southcross Energy Partners LP and its competitors. Southcross Energy Partners LP's current Interest Expense is €-39.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southcross Energy Partners LP stock overvalued right now?
Southcross Energy Partners LP (FRA:SCR) has a current Interest Expense of €-39.0 Mil. The current Interest Expense is €-39.0 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 Southcross Energy Partners LP (FRA:SCR), the current Interest Expense is €-39.0 Mil as of Mar. 2019. 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.

Southcross Energy Partners LP Business Description

Address 1717 Main Street, Suite 5200, Dallas, TX, USA, 75201
Southcross Energy Partners LP provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services. It also source, purchase transport and sell natural gas and NGLs. The company derives the majority of its revenues from sales of natural gas. Its assets are located in South Texas, Mississippi, and Alabama.