ROAD (Construction Partners) Interest Expense : $-33 Mil (TTM As of Dec. 2024)

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What is Construction Partners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Construction Partners's interest expense for the three months ended in Dec. 2024 was $ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-33 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. Construction Partners's Operating Income for the three months ended in Dec. 2024 was $ 32 Mil. Construction Partners's Interest Expense for the three months ended in Dec. 2024 was $ -18 Mil. Construction Partners's Interest Coverage for the quarter that ended in Dec. 2024 was 1.78. 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.

Construction Partners Interest Expense Historical Data

The historical data trend for Construction Partners'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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Construction Partners Interest Expense Chart

Construction Partners Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

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-3.11

-2.40

-7.70

-17.35

-19.07

Construction Partners Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-3.75	-4.57	-4.67	-6.08	-18.13

Construction Partners 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 $-33 Mil.

Construction Partners (NAS:ROAD) 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.

Construction Partners's Interest Expense for the three months ended in Dec. 2024 was $-18 Mil. Its Operating Income for the three months ended in Dec. 2024 was $32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $1,216 Mil.

Construction Partners'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	*	32.305	/	-18.13
	=	1.78

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

Construction Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Construction Partners Inc (NAS:ROAD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CQY:Germany

Address

290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303

Website

https://www.constructionpartners.net

Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.

Executives

Todd Keith Andrews	officer: Chief Accounting Officer	290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
John L Harper	officer: Senior Vice President	170 EAST MAIN STREET, DOTHAN AL 36301
Charles E Owens	director, officer: See Remarks	290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Suntx Capital Ii Management Corp.	director, 10 percent owner	5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Robert P. Flowers	officer: Senior Vice President	3372 CAPITAL CIRCLE NE, TALLAHASSEE FL 32308
Mark R Matteson	director, 10 percent owner	290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Stefan L Shaffer	director	290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Noreen E Skelly	director	8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Craig Jennings	director, 10 percent owner	5204 LAKECREET CT., PLANO TX 75093
Suntx Cpi Capital Management Corp.	director, 10 percent owner	5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Fleming Ned N. Iv	other: Member of 10% owner group	5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Ned N. Fleming, Iv 2013 Trust	other: Member of 10% owner group	5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Lp	director, 10 percent owner	TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Dutch Investors Lp	director, 10 percent owner	TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Cpi Expansion Fund Gp, L.p.	director, 10 percent owner	5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75214