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QEP Midstream Partners LP (FRA:1QM) Interest Expense : €-3.6 Mil (TTM As of Mar. 2015)


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What is QEP Midstream Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. QEP Midstream Partners LP's interest expense for the three months ended in Mar. 2015 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was €-3.6 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. QEP Midstream Partners LP's Operating Income for the three months ended in Mar. 2015 was € 15.7 Mil. QEP Midstream Partners LP's Interest Expense for the three months ended in Mar. 2015 was € -0.9 Mil. QEP Midstream Partners LP's Interest Coverage for the quarter that ended in Mar. 2015 was 17.00. 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.


QEP Midstream Partners LP Interest Expense Historical Data

The historical data trend for QEP Midstream 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.

* Premium members only.

QEP Midstream Partners LP Interest Expense Chart

QEP Midstream Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Interest Expense
-9.73 -6.63 -0.66 -3.24

QEP Midstream Partners LP Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 -0.72 -0.37 -1.16 -1.14 -0.92

QEP Midstream 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.6 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.


QEP Midstream Partners LP  (FRA:1QM) 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.

QEP Midstream Partners LP's Interest Expense for the three months ended in Mar. 2015 was €-0.9 Mil. Its Operating Income for the three months ended in Mar. 2015 was €15.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2015 was €182.0 Mil.

QEP Midstream Partners LP's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2015 )/Interest Expense (Q: Mar. 2015 )
=-1*15.708/-0.924
=17.00

* 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.


QEP Midstream Partners LP (FRA:1QM) Business Description

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QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

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