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NuStar GP Holdings LLC (NuStar GP Holdings LLC) Interest Coverage : 0 (At Loss) (As of Mar. 2018)


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What is NuStar GP Holdings LLC Interest Coverage?

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 by its Interest Expense. NuStar GP Holdings LLC's Operating Income for the three months ended in Mar. 2018 was $-0.89 Mil. NuStar GP Holdings LLC's Interest Expense for the three months ended in Mar. 2018 was $-0.49 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for NuStar GP Holdings LLC's Interest Coverage or its related term are showing as below:


NSH's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.59
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


NuStar GP Holdings LLC Interest Coverage Historical Data

The historical data trend for NuStar GP Holdings LLC's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

NuStar GP Holdings LLC Interest Coverage Chart

NuStar GP Holdings LLC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 70.04 - - -

NuStar GP Holdings LLC Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Interest Coverage 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 - 25.65 25.17 - -

Competitive Comparison of NuStar GP Holdings LLC's Interest Coverage

For the Oil & Gas Midstream subindustry, NuStar GP Holdings LLC's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NuStar GP Holdings LLC's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NuStar GP Holdings LLC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where NuStar GP Holdings LLC's Interest Coverage falls into.



NuStar GP Holdings LLC Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NuStar GP Holdings LLC's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, NuStar GP Holdings LLC's Interest Expense was $-1.59 Mil. Its Operating Income was $-3.30 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

NuStar GP Holdings LLC did not have earnings to cover the interest expense.

NuStar GP Holdings LLC's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Here, for the three months ended in Mar. 2018, NuStar GP Holdings LLC's Interest Expense was $-0.49 Mil. Its Operating Income was $-0.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

NuStar GP Holdings LLC 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.


NuStar GP Holdings LLC  (NYSE:NSH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


NuStar GP Holdings LLC Interest Coverage Related Terms

Thank you for viewing the detailed overview of NuStar GP Holdings LLC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


NuStar GP Holdings LLC (NuStar GP Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
NuStar GP Holdings LLC is a US-based limited liability company. It holds an ownership interest in NuStar Energy L.P. which is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling, and storage of petroleum products and the marketing of petroleum products. The NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom. The company manages NuStar Energy through its ownership of NuStar GP, LLC and Riverwalk Holdings, LLC.
Executives
James F Clingman director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Karen M. Thompson officer: SVP & GC-Lit, Reg & Environ 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Michael Truby officer: SVP Operations 19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A. officer: SVP and Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257
Amy L. Perry officer: SVP, GC-Corp & Com & Corp Sec 19003 IH-10 WEST, SAN ANTONIO TX 78257
Daniel S. Oliver officer: SVP-Marketing & Bus Dev 19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf officer: EVP & CFO 19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron director, officer: CEO & President 19003 IH-10 WEST, SAN ANTONIO TX 78257
Mary Rose Brown officer: EVP & CAO 19003 IH-10 WEST, SAN ANTONIO TX 78257
William E Greehey director, 10 percent owner 19003 IH-10 WEST, SAN ANTONIO TX 78257
Steven A Blank officer: EVP & CFO C/O TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Douglas W. Comeau officer: Executive Vice President & COO 2330 N. LOOP 1604 WEST, SAN ANTONIO TX 78248
Curt Anastasio director, officer: President & CEO P.O. BOX 696000, SAN ANTONIO TX 78269-6000

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