Red Trail Energy LLC (Red Trail Energy LLC) Interest Expense : $-1.0 Mil (TTM As of Mar. 2024)

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What is Red Trail Energy LLC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Red Trail Energy LLC's interest expense for the three months ended in Mar. 2024 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.0 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. Red Trail Energy LLC's Operating Income for the three months ended in Mar. 2024 was $ -6.2 Mil. Red Trail Energy LLC's Interest Expense for the three months ended in Mar. 2024 was $ -0.2 Mil. Red Trail Energy LLC 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.

Red Trail Energy LLC Interest Expense Historical Data

The historical data trend for Red Trail Energy LLC'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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Red Trail Energy LLC Interest Expense Chart

Red Trail Energy LLC Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.01

-0.05

-0.02

-1.09

Red Trail Energy LLC 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															-0.28	-0.26	-0.27	-0.27	-0.25

Red Trail Energy LLC 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 $-1.0 Mil.

Red Trail Energy LLC (OTCPK:REGX) 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.

Red Trail Energy LLC's Interest Expense for the three months ended in Mar. 2024 was $-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-6.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $19.6 Mil.

Red Trail Energy LLC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Red Trail Energy LLC did not have earnings to cover the interest expense.

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

Red Trail Energy LLC (Red Trail Energy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Red Trail Energy LLC (OTCPK:REGX) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

3682 Highway 8 South, P.O. Box 11, Richardton, ND, USA, 58652

Website

http://www.redtrailenergyllc.com

Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.

Executives

Jodi Marie Johnson	officer: Chief Financial Officer	PO BOX 513, MEDORA ND 58645
Anthony Lee Mock	director	5665 22ND AVE SE, KINTYRE ND 58549
Kent Wayne Anderson	officer: Chief Financial Officer	1767 PRAIRIE AVENUE, DICKINSON ND 58601
Calvin Diehl	officer: Chief Executive Officer	3682 HIGHWAY 8 SOUTH, P O BOX 11, RICHARDTON ND 58652
Gerald Bachmeier	officer: Interim Chief Executive Office	20897 467TH AVE, MORRIS MN 56267
Sidney A Mauch	director	712 WYNDEMERE DRIVE, WEST FARGO ND 58078
Mike Appert	director	755 HIGHWAY 34, HAZELTON ND 58544
William Price	director	2273 RIVER ROAD, PRICE ND 58530
Jody Hoff	director	8601 HIGHWAY 10 EAST, RICHARDTON ND 58652
Mark Klempel	officer: Chief Financial Officer	3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Mick J Miller	officer: President	3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Roger N Berglund	director	104 9TH AVENUE NW, BOWMAN ND 58623
Frank Kirschenheiter	director	322 12TH AVENUE WEST, RICHARDTON ND 58652
Tim Meuchel	director	510 MAIN AVENUE, HEBRON ND 58638
Bonnie G Eckelberg	officer: Chief Financial Officer	3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652

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