LB (LandBridge Co LLC) Interest Expense : $-27.1 Mil (TTM As of Dec. 2024)

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What is LandBridge Co LLC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LandBridge Co LLC's interest expense for the three months ended in Dec. 2024 was $ -7.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-27.1 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. LandBridge Co LLC's Operating Income for the three months ended in Dec. 2024 was $ 18.0 Mil. LandBridge Co LLC's Interest Expense for the three months ended in Dec. 2024 was $ -7.1 Mil. LandBridge Co LLC's Interest Coverage for the quarter that ended in Dec. 2024 was 2.54. 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.

LandBridge Co LLC Interest Expense Historical Data

The historical data trend for LandBridge Co LLC'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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LandBridge Co LLC Interest Expense Chart

LandBridge Co LLC Annual Data

Trend

Dec22

Dec23

Dec24

Interest Expense

-3.11

-7.02

-23.34

LandBridge Co LLC Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial				-2.84	-6.69	-6.28	-7.07	-7.10

LandBridge Co LLC 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-27.1 Mil.

LandBridge Co LLC (NYSE:LB) 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.

LandBridge Co LLC's Interest Expense for the three months ended in Dec. 2024 was $-7.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was $18.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $380.8 Mil.

LandBridge Co LLC's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	18.019	/	-7.1
	=	2.54

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

LandBridge Co LLC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LandBridge Co LLC (NYSE:LB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056

Website

https://www.landbridgeco.com

LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generates revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.