Icahn Enterprises LP (Icahn Enterprises LP) Interest Expense : $-554 Mil (TTM As of Dec. 2023)

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What is Icahn Enterprises LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Icahn Enterprises LP's interest expense for the three months ended in Dec. 2023 was $ -128 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-554 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. Icahn Enterprises LP's Operating Income for the three months ended in Dec. 2023 was $ 87 Mil. Icahn Enterprises LP's Interest Expense for the three months ended in Dec. 2023 was $ -128 Mil. Icahn Enterprises LP's Interest Coverage for the quarter that ended in Dec. 2023 was 0.68. 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.

Icahn Enterprises LP Interest Expense Historical Data

The historical data trend for Icahn Enterprises 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.

Icahn Enterprises LP Interest Expense Chart

Icahn Enterprises LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-605.00

-688.00

-666.00

-568.00

-554.00

Icahn Enterprises LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-144.00	-142.00	-136.00	-148.00	-128.00

Icahn Enterprises 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-554 Mil.

Icahn Enterprises LP (NAS:IEP) 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.

Icahn Enterprises LP's Interest Expense for the three months ended in Dec. 2023 was $-128 Mil. Its Operating Income for the three months ended in Dec. 2023 was $87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $7,174 Mil.

Icahn Enterprises LP's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	87	/	-128
	=	0.68

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

Icahn Enterprises LP (Icahn Enterprises LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icahn Enterprises LP (NAS:IEP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160

Website

https://www.ielp.com

Icahn Enterprises LP is a provider of diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives the maximum revenue from the company. Geographically, it generates maximum revenue from the United States.

Executives

Brett Icahn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
David Willetts	director, officer: President and CEO	16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou	director, officer: CFO & Chief Accounting Officer	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
A B Krongard	director	C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Aris Kekedjian	director, officer: President and CEO	655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017
Nancy Martori Dunlap	director	C/O CVR REFINING, LP, 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Carl C Icahn	director, 10 percent owner, officer: Chairman of the Board of GP	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Stephen A Mongillo	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Denise Barton	director	3149 STERLINGSHIRE DRIVE, LAS VEGAS NV 89146
Jack Gumpert Wasserman	director	510 EAST 86TH STREET, NEW YORK NY 10028-7504
Michael Nevin	director	C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
James Larry Nelson	director	2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Keith Cozza	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Sunghwan Cho	officer: Chief Financial Officer	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Peter Reck	officer: Principal Accounting Officer	C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153