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Ferrellgas Partners LP (Ferrellgas Partners LP) Interest Expense : $-98 Mil (TTM As of Jan. 2024)


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What is Ferrellgas Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ferrellgas Partners LP's interest expense for the three months ended in Jan. 2024 was $ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-98 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. Ferrellgas Partners LP's Operating Income for the three months ended in Jan. 2024 was $ 121 Mil. Ferrellgas Partners LP's Interest Expense for the three months ended in Jan. 2024 was $ -24 Mil. Ferrellgas Partners LP's Interest Coverage for the quarter that ended in Jan. 2024 was 4.96. 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.


Ferrellgas Partners LP Interest Expense Historical Data

The historical data trend for Ferrellgas 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.

* Premium members only.

Ferrellgas Partners LP Interest Expense Chart

Ferrellgas Partners LP Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -177.62 -192.96 -173.62 -100.09 -97.71

Ferrellgas Partners LP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -23.18 -24.30 -25.23 -24.16 -24.36

Ferrellgas 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-98 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.


Ferrellgas Partners LP  (OTCPK:FGPR) 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.

Ferrellgas Partners LP's Interest Expense for the three months ended in Jan. 2024 was $-24 Mil. Its Operating Income for the three months ended in Jan. 2024 was $121 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $1,489 Mil.

Ferrellgas Partners LP's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*120.802/-24.359
=4.96

* 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.


Ferrellgas Partners LP (Ferrellgas Partners LP) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP operates as a propane distributor. Its operations primarily include the distribution and sale of propane and related equipment and supplies within the Midwest, Southeast, Southwest, and Northwest regions of the United States. The firm caters to residential, industrial, commercial, portable tank exchange, agricultural, wholesale and other, customers. Ferrellgas earns revenue primarily through the distribution of propane, as well as through the sale of propane related equipment and supplies.
Executives
Allen G Jones officer: VP Legal & General Counsel C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Joe Eby director 13795 S. MUR-LEN RD, STE. 301, OLATHE MO 66062
Michael E Cole officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Dhiraj Cherian officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Edward Newberry director C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Ares Management Holdings L.p. director 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Craig Snyder director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Carney Hawks director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Ares Management Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Voting Llc director C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Brian Herrmann officer: Interim CFO ONE LIBERTY PLAZA, LIBERTY MO 64068

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