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Dawson Geophysical Co (Dawson Geophysical Co) Interest Expense : $-0.13 Mil (TTM As of Mar. 2024)


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What is Dawson Geophysical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dawson Geophysical Co's interest expense for the three months ended in Mar. 2024 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.13 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. Dawson Geophysical Co's Operating Income for the three months ended in Mar. 2024 was $ 5.74 Mil. Dawson Geophysical Co's Interest Expense for the three months ended in Mar. 2024 was $ -0.05 Mil. Dawson Geophysical Co's Interest Coverage for the quarter that ended in Mar. 2024 was 124.83. 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.


Dawson Geophysical Co Interest Expense Historical Data

The historical data trend for Dawson Geophysical 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.

Dawson Geophysical Co Interest Expense Chart

Dawson Geophysical Co 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 -0.44 -0.08 -0.02 -0.03 -0.10

Dawson Geophysical Co 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 -0.02 -0.01 -0.02 -0.05 -0.05

Dawson Geophysical 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 $-0.13 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.


Dawson Geophysical Co  (NAS:DWSN) 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.

Dawson Geophysical Co's Interest Expense for the three months ended in Mar. 2024 was $-0.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was $5.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3.65 Mil.

Dawson Geophysical Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*5.742/-0.046
=124.83

* 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.


Dawson Geophysical Co (Dawson Geophysical Co) Business Description

Traded in Other Exchanges
Address
508 West Wall, Suite 800, Midland, TX, USA, 79701
Dawson Geophysical Co is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The company acquires and processes 2 D, 3 D, and multi-component seismic data for clients, ranging from oil and gas companies to independent oil and gas operators for use in the onshore drilling and production of oil and natural gas as well as provides multi-client data libraries. It operates through a single segment being Contract seismic data acquisition and processing services. In addition, the company provides multi-component seismic data surveys which involve the recording of alternative seismic waves. Geographically, it generates maximum revenue from the United States.
Executives
William Anthony Clark officer: EVP & Chief Business Officer 13927 S. GESSNER RD, MISSOURI CITY TX 77489
Wilks Brothers, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Bruce Franklin Bradley director 3815 BRADLEY LANE, CHEVY CHASE MD 20815
Wb Acquisitions Inc. 10 percent owner 17010 INTERSTATE HIGHWAY 20, CISCO TX 76437
Matthew Wilks director 17010 IH-20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Sergei Krylov director 6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
C Ray Tobias officer: EVP, Chief Operating Officer 508 WEST WALL SUITE 800, MIDLAND TX 79701
Stephen C Jumper director, officer: President and CEO 508 WEST WALL, SUITE 800, MIDLAND TX 79701
James W Thomas officer: EVP, Chief Technical Officer 508 W WALL, SUITE 800, MIDLAND TX 79701
William J Barrett director 210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas director 64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Allen T Mcinnes director, 10 percent owner, officer: Chairman of the Board & Secy. 4532 7TH STREET, LUBBOCK TX 79416

Dawson Geophysical Co (Dawson Geophysical Co) Headlines

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