SPLP (Steel Partners Holdings LP) Interest Expense: $-84 Mil (TTM As of Sep. 2025)

What is Steel Partners Holdings LP Interest Expense?

Steel Partners Holdings LP SPLP -0.20% 66 Interest Expense is $-84 Mil as of Sep. 2025. GuruFocus rates SPLP with a GF Score™ of 66/100 and a GF Value™ of $51.26. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Steel Partners Holdings LP's interest expense for the three months ended in Sep. 2025 was $ -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2025 was $-84 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. Steel Partners Holdings LP's Operating Income for the three months ended in Sep. 2025 was $ 92 Mil. Steel Partners Holdings LP's Interest Expense for the three months ended in Sep. 2025 was $ -22 Mil. Steel Partners Holdings LP's Interest Coverage for the quarter that ended in Sep. 2025 was 4.19. 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.

Steel Partners Holdings LP (OTCPK:SPLP) 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.

Steel Partners Holdings LP's Interest Expense for the three months ended in Sep. 2025 was $-22 Mil. Its Operating Income for the three months ended in Sep. 2025 was $92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2025 was $119 Mil.

Steel Partners Holdings LP's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2025 )	/	Interest Expense (Q: Sep. 2025 )
	=	-1	*	91.927	/	-21.945
	=	4.19

* 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.

Steel Partners Holdings LP Interest Expense Historical Data

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The historical data trend for Steel Partners Holdings LP's Interest Expense can be seen below:

Steel Partners Holdings LP Interest Expense Chart

Steel Partners Holdings LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-41.25

-29.94

-37.56

-98.83

-97.02

Steel Partners Holdings LP Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
Interest Expense	Get a 7-Day Free Trial															-24.64	-22.24	-19.72	-20.27	-21.95

66GF Score

Steel Partners Holdings LP SPLP

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Steel Partners Holdings 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-84 Mil mean?

Steel Partners Holdings LP (SPLP) has a Interest Expense of $-84 Mil as of Sep. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Steel Partners Holdings LP and its competitors.

Is Steel Partners Holdings LP's Interest Expense too high?

Steel Partners Holdings LP's current Interest Expense is $-84 Mil. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.

How does Steel Partners Holdings LP's Interest Expense compare to MATW and DLX?

Steel Partners Holdings LP's Interest Expense of $-84 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?

A good Interest Expense depends on the Conglomerates 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 Steel Partners Holdings LP and its competitors. Steel Partners Holdings LP's current Interest Expense is $-84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Steel Partners Holdings LP stock overvalued right now?

Steel Partners Holdings LP (SPLP) has a current Interest Expense of $-84 Mil. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current Interest Expense is $-84 Mil. Steel Partners Holdings LP's overall GF Score™ is 66/100 with 4 warning signs to review. 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 Steel Partners Holdings LP (SPLP), the current Interest Expense is $-84 Mil as of Sep. 2025. 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.

Is Steel Partners Holdings LP (SPLP) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued. The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.

Key valuation signals for SPLP:

Interest Expense: $-84 Mil
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the SPLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Steel Partners Holdings LP Business Description

Industry Industrials Conglomerates

Comparable Companies MATW DLX FIP CODI TRC TTI BOC FBYD BOOM RCMT ADX:IHC TSE:6501 HON TSE:8058 TSE:8031 TSE:8001 MMM TSE:8002 TSE:8053 HKSE:00267

Other Exchanges SPLPP.PFD:USA

Address 590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022

Website https://www.steelpartners.com

Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.

66GF Score

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$50.00

Price

$51.26

GF Value

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