Excelerate Energy (Excelerate Energy) Interest Expense : $-67 Mil (TTM As of Dec. 2023)

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What is Excelerate Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Excelerate Energy's interest expense for the three months ended in Dec. 2023 was $ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-67 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. Excelerate Energy's Operating Income for the three months ended in Dec. 2023 was $ 40 Mil. Excelerate Energy's Interest Expense for the three months ended in Dec. 2023 was $ -17 Mil. Excelerate Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 2.36. 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.

Excelerate Energy Interest Expense Historical Data

The historical data trend for Excelerate Energy'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.

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Excelerate Energy Interest Expense Chart

Excelerate Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-101.87

-89.43

-80.81

-59.54

-67.00

Excelerate Energy Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial										-13.33	-15.55	-17.07	-17.52	-16.86

Excelerate Energy 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-67 Mil.

Excelerate Energy (NYSE:EE) 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.

Excelerate Energy's Interest Expense for the three months ended in Dec. 2023 was $-17 Mil. Its Operating Income for the three months ended in Dec. 2023 was $40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $700 Mil.

Excelerate Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	39.858	/	-16.858
	=	2.36

The higher the ratio, the stronger the company's financial strength is.

Excelerate Energy (Excelerate Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Excelerate Energy Inc (NYSE:EE) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

2445 Technology Forest Boulevard, Level 6, The Woodlands, TX, USA, 77381

Website

https://www.excelerateenergy.com

Excelerate Energy Inc is engaged in flexible LNG solutions, providing integrated services along the LNG value chain. The company offers a full range of flexible regasification services from FSRUs to infrastructure development, to LNG and natural gas supply.

Executives

David A. Liner	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD, THE WOODLANDS TX 77381
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Daniel H Bustos	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Michael Anthony Bent	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Excelerate Energy Holdings, Llc	10 percent owner	6733 S. YALE AVE., TULSA OK 74136
Excelerate Holdings, Llc	10 percent owner	6733 S. YALE AVE., TULSA OK 74136
Hood Alisa Newman	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Steven M Kobos	director, officer: President and CEO	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Henry G Kleemeier	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Paul T Hanrahan	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Calvin A Bancroft	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Dana A Armstrong	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Robert Waldo	director	6733 S. YALE AVE., TULSA, OK 74136
Amy Thompson Broussard	officer: See Remarks	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Don P. Millican	director	6733 S. YALE AVE., TULSA OK 74136