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Energy Services of America (Energy Services of America) Interest Expense : $-2.6 Mil (TTM As of Mar. 2024)


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What is Energy Services of America Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Energy Services of America's interest expense for the three months ended in Mar. 2024 was $ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.6 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. Energy Services of America's Operating Income for the three months ended in Mar. 2024 was $ -1.1 Mil. Energy Services of America's Interest Expense for the three months ended in Mar. 2024 was $ -0.6 Mil. Energy Services of America 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.


Energy Services of America Interest Expense Historical Data

The historical data trend for Energy Services of America'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.

Energy Services of America Interest Expense Chart

Energy Services of America Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.06 -0.49 -0.70 -0.99 -2.41

Energy Services of America 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 -0.58 -0.64 -0.69 -0.60 -0.62

Energy Services of America 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 $-2.6 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.


Energy Services of America  (NAS:ESOA) 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.

Energy Services of America's Interest Expense for the three months ended in Mar. 2024 was $-0.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $17.6 Mil.

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

Energy Services of America 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.


Energy Services of America (Energy Services of America) Business Description

Traded in Other Exchanges
N/A
Address
75 West 3rd Avenue, Huntington, WV, USA, 25701
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
Executives
Frank S Lucente director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Douglas V Reynolds 10 percent owner 900 OLD FREEPORT ROAD, PITTSBURGH PA 15238
Patrick J Farrell director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Marshall T Reynolds director, 10 percent owner, officer: Chairman, CEO and Secretary 2450 FIRST AVENUE, HUNTINGTON WV 25704
Mark Prince director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Joseph L Williams director 2450 FIRST AVENUE, HUNTINGTON WV 25703
Brian Pratt 10 percent owner 5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225
Amy E Abraham director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Riddle Robert Neil Jr officer: Chief Operating Officer 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Samuel G Kapourales director C/O ENERGY SERVICES OF AMERICA CORP., 75 WEST 3RD AVE., HUNTINGTON WV 25701
Bruce H. Elliott director 100 INDUSTRIAL LANE, HUNTINGTON WV 25702
Daniel Mannes director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Keith F Molihan director 533 TOWNSHIP RAOD 1185, IRONTON OH 45638
Charles Abraham director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Nester S Logan director 823 EIGHTH STREET, HUNTINGTON WV 25701