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Mammoth Energy Services (Mammoth Energy Services) Interest Expense : $-21.0 Mil (TTM As of Mar. 2024)


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What is Mammoth Energy Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mammoth Energy Services's interest expense for the three months ended in Mar. 2024 was $ -8.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-21.0 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. Mammoth Energy Services's Operating Income for the three months ended in Mar. 2024 was $ -13.2 Mil. Mammoth Energy Services's Interest Expense for the three months ended in Mar. 2024 was $ -8.1 Mil. Mammoth Energy Services 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.


Mammoth Energy Services Interest Expense Historical Data

The historical data trend for Mammoth Energy Services'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.

Mammoth Energy Services Interest Expense Chart

Mammoth Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.96 -5.40 -6.41 -11.51 -16.20

Mammoth Energy Services 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 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 -3.29 -3.22 -2.88 -6.81 -8.14

Mammoth Energy Services 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 $-21.0 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.


Mammoth Energy Services  (NAS:TUSK) 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.

Mammoth Energy Services's Interest Expense for the three months ended in Mar. 2024 was $-8.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-13.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $51.7 Mil.

Mammoth Energy Services's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mammoth Energy Services 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.


Mammoth Energy Services (Mammoth Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
14201 Caliber Drive, Suite 300, Oklahoma City, OK, USA, 73134
Mammoth Energy Services Inc is an integrated, growth-oriented energy services company engaged in providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserves as well as the construction and repair of the electric grid for private utilities, public investor-owned utilities, and co-operative utilities through infrastructure services businesses. Its suite of services includes well-completion services, infrastructure services, natural sand proppant services, drilling services, and other services. The majority of revenues are earned from the well-completion services and geographically from the United States followed by Canada and other countries.
Executives
Arty Straehla director, officer: Chief Executive Officer 1380 ROUTE 286 EAST, SUITE 121, INDIANA PA 15701
Arthur L Smith director 7308 SHADYVILLA LANE, HOUSTON TX 77055
Wexford Capital Lp director, 10 percent owner 777 WEST PUTNAM AVENUE, 1ST FLOOR, GREENWICH CT 06830
Mark E. Layton officer: Chief Financial Officer 4727 GAILLARDIA PARKWAY, SUITE 200, OKLAHOMA CITY OK 73142
Gpor Distribution Trust 10 percent owner 909 FANNIN ST, SUITE 4000, HOUSTON TX 77010
Booker Corey J. director MAMMOTH ENERGY SERVICES, INC., 14201 CALIBER DRIVE, SUITE 300, OKLAHOMA CITY OK 73134
Paul M. Jacobi director C/O WEXFORD CAPITAL LP, 777 WEST PUTNAM AVENUE, FIRST FLOOR, GREENWICH CT 06830
Matthew Ross director 4727 GAILLARDIA PARKWAY, SUITE 200, OKLAHOMA CITY OK 75201
Jonathan H Yellen director COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219
Wexford Catalyst Trading Ltd director, 10 percent owner 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830
Wexford Spectrum Trading Ltd director, 10 percent owner 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830
Arthur H Amron director C/O WEXFORD CAPITAL LP, 777 WEST PUTNAM AVENUE, FIRST FLOOR, GREENWICH CT 06830
Gulfport Energy Corp director, 10 percent owner 14313 NORTH MAY AVENUE, SUITE 100, OKLAHOMA CITY OK 73134
Meh Sub Llc director, 10 percent owner C/O WEXFORD CAPITAL LP, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Rusty Neal Laforge officer: VP, Gen. Couns., Asst. Sec. 3324 QUAIL CREEK ROAD, OKLAHOMA CITY OK 73120