GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Rentech Nitrogen Partners LP (NYSE:RNF) » Definitions » Interest Expense

Rentech Nitrogen Partners LP (Rentech Nitrogen Partners LP) Interest Expense : $-21.7 Mil (TTM As of Dec. 2015)


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

What is Rentech Nitrogen Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rentech Nitrogen Partners LP's interest expense for the three months ended in Dec. 2015 was $ -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was $-21.7 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. Rentech Nitrogen Partners LP's Operating Income for the three months ended in Dec. 2015 was $ -13.1 Mil. Rentech Nitrogen Partners LP's Interest Expense for the three months ended in Dec. 2015 was $ -5.6 Mil. Rentech Nitrogen Partners LP 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.


Rentech Nitrogen Partners LP Interest Expense Historical Data

The historical data trend for Rentech Nitrogen 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.

Rentech Nitrogen Partners LP Interest Expense Chart

Rentech Nitrogen Partners LP Annual Data
Trend Sep09 Sep10 Sep11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial -13.75 -1.47 -14.10 -19.06 -21.70

Rentech Nitrogen Partners LP Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.62 -5.03 -5.55 -5.57 -5.56

Rentech Nitrogen 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 Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.7 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.


Rentech Nitrogen Partners LP  (NYSE:RNF) 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.

Rentech Nitrogen Partners LP's Interest Expense for the three months ended in Dec. 2015 was $-5.6 Mil. Its Operating Income for the three months ended in Dec. 2015 was $-13.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was $347.6 Mil.

Rentech Nitrogen Partners LP's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Rentech Nitrogen Partners LP 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.


Rentech Nitrogen Partners LP (Rentech Nitrogen Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Rentech Nitrogen Partners LP is a Delaware limited partnership formed in July 2011. The Company is engaged in manufacturing of nitrogen fertilizer. The Company owns and operates two fertilizer facilities: East Dubuque Facility and Pasadena Facility. The East Dubuque Facility produces ammonia, UAN, liquid and granular urea, nitric acid and food-grade carbon dioxide, or CO2, using natural gas as its primary feedstock. Some of these products are final products sold to customers, and others, including ammonia, are both final products and feedstocks for other products, such as UAN, nitric acid, liquid urea and granular urea. The Pasadena Facility ceased production of diammonium phosphate and monoammonium phosphate. Its Pasadena Facility is the producer of synthetic ammonium sulfate and the third largest producer of ammonium sulfate in North America. The Pasadena Facility's products are applied to many types of crops including soybeans, potatoes, cotton, canola, alfalfa, corn and wheat. The Company is subject to a number of federal and state laws and regulations related to safety, including the federal Occupational Safety and Health Act, or OSHA, and comparable state statutes, the purpose of which are to protect the health and safety of workers.
Executives
Michael S Burke director C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Keith B Forman director, officer: Chief Executive Officer 7200 TEXAS COMMERCE TOWER, 600 TRAVIS ST, HOUSTON TX 77002
John Howard Diesch director, officer: President 1331 17TH STREET, SUITE 720, DENVER CO 80202
Rentech, Inc. 10 percent owner 10877 WILSHIRE BLVD, 10TH FLOOR, LOS ANGELES CA 90024
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Halbert S Washburn director 515 SOUTH FLOWER STREET 48TH FLOOR, SUITE 4800, LOS ANGELES CA 90071