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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Interest Expense : $-23.48 Mil (TTM As of Mar. 2024)


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What is Bridger Aerospace Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bridger Aerospace Group Holdings's interest expense for the three months ended in Mar. 2024 was $ -5.92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-23.48 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. Bridger Aerospace Group Holdings's Operating Income for the three months ended in Mar. 2024 was $ -15.31 Mil. Bridger Aerospace Group Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -5.92 Mil. Bridger Aerospace Group Holdings 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.


Bridger Aerospace Group Holdings Interest Expense Historical Data

The historical data trend for Bridger Aerospace Group Holdings'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.

Bridger Aerospace Group Holdings Interest Expense Chart

Bridger Aerospace Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-1.60 -9.29 -20.02 -23.22

Bridger Aerospace Group Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.67 -5.54 -5.97 -6.04 -5.92

Bridger Aerospace Group Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.48 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.


Bridger Aerospace Group Holdings  (NAS:BAER) 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.

Bridger Aerospace Group Holdings's Interest Expense for the three months ended in Mar. 2024 was $-5.92 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-15.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $209.51 Mil.

Bridger Aerospace Group Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Bridger Aerospace Group Holdings 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.


Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Aviation Lane, Belgrade, MT, USA, 59714
Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation.
Executives
Anne Hayes director 6436 31ST STREET NW, WASHINGTON DC 20015
Thomas Jermoluk 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Jcic Sponsor Llc 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Debra Coleman director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Jpmorgan Chase Funding Inc. 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10179
Grannus Holdings Manager - Nq Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Tactical Opportunities Investment Partnership Iii - Nq - Esc L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bto Grannus Holdings Iv - Nq Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Hugh Wyman Iii director 1209 ORANGE STREET, C/O ZERO ONE GROUP, WILMINGTON DE 19801
Dean Heller director 195 HUDSON AURORA ROAD, SMITH NV 89430
Todd J Hirsch director 345 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10154
Timothy P Sheehy director, 10 percent owner, officer: CEO & Co-Founder 90 AVIATION LANE, BELGRADE MT 59714
James J Muchmore officer: Chief Legal Officer & EVP 90 AVIATION LANE, BELGRADE MT 59714