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Kimbell Royalty Partners LP (STU:0R3) Interest Expense : €-25.9 Mil (TTM As of Sep. 2024)


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What is Kimbell Royalty Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kimbell Royalty Partners LP's interest expense for the three months ended in Sep. 2024 was € -5.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-25.9 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. Kimbell Royalty Partners LP's Operating Income for the three months ended in Sep. 2024 was € 22.2 Mil. Kimbell Royalty Partners LP's Interest Expense for the three months ended in Sep. 2024 was € -5.8 Mil. Kimbell Royalty Partners LP's Interest Coverage for the quarter that ended in Sep. 2024 was 3.80. 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.

Kimbell Royalty Partners LP Interest Expense Historical Data

The historical data trend for Kimbell Royalty 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.

Kimbell Royalty Partners LP Interest Expense Chart

Kimbell Royalty Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.23 -5.29 -8.13 -13.04 -23.80

Kimbell Royalty Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.26 -6.85 -6.72 -6.45 -5.85

Kimbell Royalty 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-25.9 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.

Kimbell Royalty Partners LP  (STU:0R3) 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.

Kimbell Royalty Partners LP's Interest Expense for the three months ended in Sep. 2024 was €-5.8 Mil. Its Operating Income for the three months ended in Sep. 2024 was €22.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €228.6 Mil.

Kimbell Royalty Partners LP's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*22.211/-5.849
=3.80

* 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.

Kimbell Royalty Partners LP Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kimbell Royalty Partners LP (STU:0R3) » Definitions » Interest Expense
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KRP:USA 0R3:Germany
Address
777 Taylor Street, Suite 810, Fort Worth, TX, USA, 76102
Website
https://www.kimbellrp.com
Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas, and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.

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