Kodiak Gas Services (Kodiak Gas Services) Interest Expense : $-180.9 Mil (TTM As of Mar. 2024)

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What is Kodiak Gas Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kodiak Gas Services's interest expense for the three months ended in Mar. 2024 was $ -39.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-180.9 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. Kodiak Gas Services's Operating Income for the three months ended in Mar. 2024 was $ 60.2 Mil. Kodiak Gas Services's Interest Expense for the three months ended in Mar. 2024 was $ -39.7 Mil. Kodiak Gas Services's Interest Coverage for the quarter that ended in Mar. 2024 was 1.51. 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.

Kodiak Gas Services Interest Expense Historical Data

The historical data trend for Kodiak Gas 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.

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Kodiak Gas Services Interest Expense Chart

Kodiak Gas Services Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-84.64

-165.87

-222.51

Kodiak Gas Services Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-68.66	-60.96	-39.71	-40.48	-39.74

Kodiak Gas 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 $-180.9 Mil.

Kodiak Gas Services (NYSE:KGS) 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.

Kodiak Gas Services's Interest Expense for the three months ended in Mar. 2024 was $-39.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was $60.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,862.2 Mil.

Kodiak Gas Services'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	*	60.158	/	-39.74
	=	1.51

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

Kodiak Gas Services (Kodiak Gas Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kodiak Gas Services Inc (NYSE:KGS) » Definitions » Interest Expense

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Traded in Other Exchanges

Q41:Germany

Address

15320 Highway 105 W, Suite 210, Montgomery, TX, USA, 77356

Website

https://www.kodiakgas.com

Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. It manages business through two operating segments namely Compression Operations and Other Services. Compression Operations consist of operating company-owned and customer-owned compression infrastructure for customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. Other Services consist of a full range of contract services to support the needs our customers, including station construction, maintenance and overhaul and other ancillary time and material-based offerings.

Executives

Terry Bonno	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Robert Michael Mckee	director, officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Margaret C Montana	director	910 LOUISIANA STREET, HOUSTON TX 77002
Ewan William Hamilton	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Nirav Kush Shah	director	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Christopher Drumgoole	director	C/O DXC TECHNOLOGY COMPANY, 1775 TYSONS BOOULEVARD, TYSONS VA 22102
Roclawski Cory Anne	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Kelly Michelle Battle	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Jon-al Duplantier	director	C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
John Griggs	officer: See Remarks	C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064
William Chad Lenamon	officer: See Remarks	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Randall J Hogan	director	5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Eqt Fund Management S.a R.l.	10 percent owner	51A BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Frontier Topco Partnership, L.p.	10 percent owner	26A, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Teresa Maria Mattamouros	director	C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356