KEGX (Key Energy Services) Interest Expense: $-21.9 Mil (TTM As of Sep. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KEGX Key Energy Services Inc KEGX
12 GF Score
Price $2.26
View Full Analysis

What is Key Energy Services Interest Expense?

Key Energy Services KEGX 12 Interest Expense is $-21.9 Mil as of Sep. 2020. GuruFocus rates KEGX with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Key Energy Services's interest expense for the three months ended in Sep. 2020 was $ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-21.9 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. Key Energy Services's Operating Income for the three months ended in Sep. 2020 was $ -10.0 Mil. Key Energy Services's Interest Expense for the three months ended in Sep. 2020 was $ -2.2 Mil. Key Energy Services 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.

Key Energy Services  (OTCPK:KEGX) 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.

Key Energy Services's Interest Expense for the three months ended in Sep. 2020 was $-2.2 Mil. Its Operating Income for the three months ended in Sep. 2020 was $-10.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $56.8 Mil.

Key Energy Services's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Key Energy Services 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.

Key Energy Services Interest Expense Historical Data

* Premium members only.

The historical data trend for Key Energy Services'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.

Key Energy Services Interest Expense Chart

Key Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.65 -70.22 -31.80 -34.16 -35.52

Key Energy Services Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -8.41 -9.36 -8.22 -2.07 -2.24
KEGX
12GF Score
Key Energy Services Inc KEGX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Key Energy Services 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.9 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 $-21.9 Mil mean?
Key Energy Services (KEGX) has a Interest Expense of $-21.9 Mil as of Sep. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Key Energy Services and its competitors.
Is Key Energy Services' Interest Expense too high?
Key Energy Services' current Interest Expense is $-21.9 Mil. Overall, Key Energy Services has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Key Energy Services' Interest Expense compare to GEOS and NGS?
Key Energy Services' Interest Expense of $-21.9 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 Key Energy Services and its competitors. Key Energy Services's current Interest Expense is $-21.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Energy Services stock overvalued right now?
Key Energy Services (KEGX) has a current Interest Expense of $-21.9 Mil. The current Interest Expense is $-21.9 Mil. Key Energy Services' overall GF Score™ is 12/100. 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 Key Energy Services (KEGX), the current Interest Expense is $-21.9 Mil as of Sep. 2020. 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.

Key Energy Services Business Description

Industry EnergyOil & Gas
Address 1301 McKinney Street, Suite 1800, Houston, TX, USA, 77010
Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.
12GF Score

Get the complete analysis for KEGX

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.26
Price