Berry (bry) (Berry (bry)) Interest Expense : $-36.7 Mil (TTM As of Mar. 2024)

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What is Berry (bry) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Berry (bry)'s interest expense for the three months ended in Mar. 2024 was $ -9.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-36.7 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. Berry (bry)'s Operating Income for the three months ended in Mar. 2024 was $ 33.5 Mil. Berry (bry)'s Interest Expense for the three months ended in Mar. 2024 was $ -9.1 Mil. Berry (bry)'s Interest Coverage for the quarter that ended in Mar. 2024 was 3.67. 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.

Berry (bry) Interest Expense Historical Data

The historical data trend for Berry (bry)'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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Berry (bry) Interest Expense Chart

Berry (bry) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-34.23

-34.30

-31.96

-30.92

-35.41

Berry (bry) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-7.84	-8.79	-9.10	-9.68	-9.14

Berry (bry) 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 $-36.7 Mil.

Berry (bry) (NAS:BRY) 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.

Berry (bry)'s Interest Expense for the three months ended in Mar. 2024 was $-9.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $33.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $448.1 Mil.

Berry (bry)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	33.537	/	-9.14
	=	3.67

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

Berry (bry) (Berry (bry)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Berry Corp (bry) (NAS:BRY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1P6:Germany

Address

16000 Dallas Parkway, Suite 500, Dallas, TX, USA, 75248

Website

https://www.bry.com

Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segment includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.

Executives

Danielle E. Hunter	officer: EVP, Gen Counsel & Corp Sec	3990 ROGERDALE RD., HOUSTON TX 77042
Arthur T. Smith	director, officer: See Remarks	5201 TRUXTUN AVE., BAKERSFIELD CA 93309
Rajath Shourie	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp	director, 10 percent owner	333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Value Opportunities Fund Gp, L.p.	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Benefit Street Partners Llc	director, 10 percent owner	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Oaktree Capital Management Gp, Llc	10 percent owner	333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust	10 percent owner	181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Renee J Hornbaker	director	200 S. WILCOX DRIVE, KINGSPORT TN 37660-5280
Fernando Araujo	officer: EVP & Chief Operating Officer	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Kurt E. Neher	officer: EVP, Business Development	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Megan E. Silva	officer: EVP of Corporate Affairs	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Eugene Voiland	director	5201 TRUXTUN AVE., BAKERSFIELD CA 93309