GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Knife River Holding Co (NYSE:KNF) » Definitions » Interest Expense

Knife River Holding Co (Knife River Holding Co) Interest Expense : $-63 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Knife River Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Knife River Holding Co's interest expense for the three months ended in Mar. 2024 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-63 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. Knife River Holding Co's Operating Income for the three months ended in Mar. 2024 was $ -54 Mil. Knife River Holding Co's Interest Expense for the three months ended in Mar. 2024 was $ -14 Mil. Knife River Holding Co 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.

Knife River Holding Co Interest Expense Historical Data

The historical data trend for Knife River Holding Co'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.

Knife River Holding Co Interest Expense Chart

Knife River Holding Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-20.58 -19.22 -30.12 -58.10

Knife River Holding Co Quarterly Data
Dec20 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 -9.50 -19.16 -15.35 -14.09 -13.98

Knife River Holding Co 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 $-63 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.

Knife River Holding Co  (NYSE:KNF) 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.

Knife River Holding Co's Interest Expense for the three months ended in Mar. 2024 was $-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $706 Mil.

Knife River Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Knife River Holding Co 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.

Knife River Holding Co (Knife River Holding Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Knife River Holding Co (NYSE:KNF) » Definitions » Interest Expense
Comparable Companies
BCC SUM TGLS USLM EXP SMID BASA RETO CAPS CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387 ASX:JHX
Traded in Other Exchanges
N/A
Address
1150 West Century Avenue, Bismarck, ND, USA, 58503
Website
https://www.kniferiver.com
Knife River Holding Co formerly Knife River Corp provides construction materials and contracting services throughout the western, central, and southern United States. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel, and related construction materials, including ready-mix concrete, asphalt, and other value-added products. It also distributes cement and asphalt oil. It has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants, and a combined 410,000 tons of liquid asphalt and cement storage. The company also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings, and industrial parks.
Executives
Thomas S Everist director
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Trevor J Hastings officer: Vice President & COO 1250 WEST CENTURY AVENUE, BISMARCK ND 58503
Karen B Fagg director P. O. BOX 5650, BISMARCK ND 58506-5650
German Carmona-alvarez director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Glenn R. Pladsen officer: VP of Support Services 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
John F. Quade officer: VP of Business Development 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Marney L. Kadrmas officer: Chief Accounting Officer 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Patricia L Moss director 1100 N.W. WALL STREET, P.O. BOX 369, BEND OR 97701
Jason L Vollmer director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David L Goodin director, officer: Chair of the Board 400 NORTH FOURTH STREET, BISMARCK ND 58501
Nathan W Ring officer: Vice President & CFO 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Karl A Liepitz director, officer: General Counsel & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Brian R. Gray director, officer: President & CEO 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Mdu Resources Group Inc 10 percent owner 1200 WEST CENTURY AVENUE, BISMARCK ND 58503