What is Uniti Group Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Uniti Group's interest expense for the
three
months ended in Dec. 2024 was $ -124 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-489 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. Uniti Group's Operating Income for the
three
months ended in Dec. 2024 was $ 155 Mil. Uniti Group's Interest Expense for the
three
months ended in Dec. 2024 was $ -124 Mil.
Uniti Group's Interest Coverage for the quarter that ended in Dec. 2024 was 1.26.
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.
Uniti Group 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 $-489 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.
Uniti Group (NAS:UNIT) 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.
Uniti Group's Interest Expense for the
three
months ended in Dec. 2024 was $-124 Mil. Its
Operating Income
for the
three
months ended in Dec. 2024 was $155 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2024 was $5,881 Mil.
Uniti Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as
* 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.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Uniti Group Inc interest coverage is 1.24, which is low.
Uniti Group Business Description
Traded in Other Exchanges
Address
2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202
Uniti is a REIT with about 140,000 route miles of fiber in the us, primarily in the Southeast. It has agreed to merge with Windstream, which will result in Uniti giving up its REIT status and adding a consumer telecom business line. Uniti's business currently consists exclusively of fiber leasing to enterprises. Windstream currently leases the Uniti network and makes up the bulk of Uniti's revenue and profits. The combined firm will own 217,000 route miles of fiber and pass 4.3 million households and 150,000 commercial buildings, mostly in less populated markets in the Southeast. The firm will continue to offer fiber access to enterprises, as Uniti currently does, but residential telecom services will become its largest revenue stream.
Executives
| Ronald J. Mudry |
officer: EVP-Pres of Fiber Operations |
10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211 |
| Kenny Gunderman |
director, officer: See Remarks |
C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712 |
| Michael Friloux |
officer: EVP - Chief Technology Officer |
2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
| Paul Bullington |
officer: Interim CFO and PFO |
2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
| Travis Black |
officer: Interim PAO |
2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
| Carmen Perez-carlton |
director |
2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
| David L Solomon |
director |
5847 SAN FELIPE SUITE 320, HOUSTON TX 77057 |
| Blake Schuhmacher |
officer: Principal Accounting Officer |
10802 EXECUTIVE CENTER DRIVE, BENTON BUILDING, SUITE 300, LITTLE ROCK AR 72211 |
| Daniel L Heard |
officer: See Remarks |
2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
| Andrew Frey |
director |
10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211 |
| Scott G. Bruce |
director |
10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211 |
| Windstream Holdings, Inc. |
10 percent owner |
4001 RODNEY PARHAM RD., LITTLE ROCK AR 72212 |
| Windstream Services, Llc |
10 percent owner |
4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212 |
| Jennifer S Banner |
director |
214N TRYON STREET, CHARLOTTE NC 28202 |
| Francis X Frantz |
director |
ONE ALLIED DRIVE, LITTLE ROCK AR 72202 |
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