USDP (USD Partners LP) Interest Expense: $-16.53 Mil (TTM As of Sep. 2023)


USDP USD Partners LP USDP
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What is USD Partners LP Interest Expense?

USD Partners LP USDP 12 Interest Expense is $-16.53 Mil as of Sep. 2023. GuruFocus rates USDP with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. USD Partners LP's interest expense for the three months ended in Sep. 2023 was $ -4.59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-16.53 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. USD Partners LP's Operating Income for the three months ended in Sep. 2023 was $ -0.59 Mil. USD Partners LP's Interest Expense for the three months ended in Sep. 2023 was $ -4.59 Mil. USD Partners LP did not have earnings to cover the interest expense. 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.

USD Partners LP  (OTCPK:USDP) 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.

USD Partners LP's Interest Expense for the three months ended in Sep. 2023 was $-4.59 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.71 Mil.

USD Partners LP's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

USD Partners LP did not have earnings to cover the interest expense.

* 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.

USD Partners LP Interest Expense Historical Data

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The historical data trend for USD 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.

USD Partners LP Interest Expense Chart

USD Partners LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.49 -10.93 -8.98 -5.76 -9.50

USD Partners LP Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.86 -3.67 -4.12 -4.14 -4.59
USDP
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USD Partners LP USDP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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USD 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.53 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-16.53 Mil mean?
USD Partners LP (USDP) has a Interest Expense of $-16.53 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on USD Partners LP and its competitors.
Is USD Partners LP's Interest Expense too high?
USD Partners LP's current Interest Expense is $-16.53 Mil. Overall, USD Partners LP has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does USD Partners LP's Interest Expense compare to RVSN and PNYG?
USD Partners LP's Interest Expense of $-16.53 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Interest Expense depends on the Transportation 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 USD Partners LP and its competitors. USD Partners LP's current Interest Expense is $-16.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USD Partners LP stock overvalued right now?
USD Partners LP (USDP) has a current Interest Expense of $-16.53 Mil. The current Interest Expense is $-16.53 Mil. USD Partners LP's overall GF Score™ is 12/100. 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 USD Partners LP (USDP), the current Interest Expense is $-16.53 Mil as of Sep. 2023. 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.

USD Partners LP Business Description

Address 811 Main Street, Suite 2800, Houston, TX, USA, 77002
USD Partners LP is formed to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels, and other energy-related products. The company's network of crude oil terminals facilitates the transportation of heavy crude oil from Western Canada to key demand centers across North America. The company's operations include railcar loading and unloading, storage and blending in on-site tanks, inbound and outbound pipeline connectivity, truck transloading and other related logistics services. The company also provides one of the customers with leased railcars and fleet services to facilitate the transportation of liquid hydrocarbons by rail. The company manages its business in two reportable segments: Terminalling services and Fleet services.
12GF Score

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