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Southwestern Energy Co (LTS:0A6J) Interest Expense : $-141 Mil (TTM As of Mar. 2024)


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What is Southwestern Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southwestern Energy Co's interest expense for the three months ended in Mar. 2024 was $ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-141 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. Southwestern Energy Co's Operating Income for the three months ended in Mar. 2024 was $ 45 Mil. Southwestern Energy Co's Interest Expense for the three months ended in Mar. 2024 was $ -35 Mil. Southwestern Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.29. 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.

Southwestern Energy Co Interest Expense Historical Data

The historical data trend for Southwestern Energy 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.

Southwestern Energy Co Interest Expense Chart

Southwestern Energy 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 -57.00 -83.00 -136.00 -184.00 -142.00

Southwestern Energy 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 -36.00 -34.00 -36.00 -36.00 -35.00

Southwestern Energy 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 $-141 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.

Southwestern Energy Co  (LTS:0A6J) 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.

Southwestern Energy Co's Interest Expense for the three months ended in Mar. 2024 was $-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was $45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3,709 Mil.

Southwestern Energy 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*45/-35
=1.29

* 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.

Southwestern Energy Co (LTS:0A6J) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Southwestern Energy Co (LTS:0A6J) » Definitions » Interest Expense
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Address
10000 Energy Drive, Spring, TX, USA, 77389
Website
https://www.swn.com
Southwestern Energy Co is a us-based independent energy company. It is engaged in exploration, development and production activities, including related natural gas gathering and marketing. The company principally carries its business activities in the United States. The operating segments of the company are the Exploration and Production and Marketing segment. Its Exploration and Production segment is the key revenue driver for the company which includes the revenue derived from the production and sale of natural gas and liquids. The Marketing segment generates revenue through the marketing of both the company and third-party produced natural gas and liquids volumes and through gathering fees associated with the transportation of natural gas to market.

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