Keyera (TSX:KEY) Interest Expense : C$-220 Mil (TTM As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Keyera Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Keyera's interest expense for the three months ended in Mar. 2024 was C$ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-220 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. Keyera's Operating Income for the three months ended in Mar. 2024 was C$ 155 Mil. Keyera's Interest Expense for the three months ended in Mar. 2024 was C$ -57 Mil. Keyera's Interest Coverage for the quarter that ended in Mar. 2024 was 2.72. 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.

Keyera Interest Expense Historical Data

The historical data trend for Keyera'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.

Keyera Interest Expense Chart

Keyera Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-112.49

-131.03

-168.91

-166.40

-205.31

Keyera 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															-42.12	-47.34	-58.31	-57.53	-57.18

Keyera 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 C$-220 Mil.

Keyera (TSX:KEY) 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.

Keyera's Interest Expense for the three months ended in Mar. 2024 was C$-57 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$155 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$3,837 Mil.

Keyera'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	*	155.371	/	-57.176
	=	2.72

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

Keyera (TSX:KEY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Keyera Corp (TSX:KEY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KEYUF:USA

Address

144 - 4th Avenue South West, Suite 200, The Ampersand, West Tower, Calgary, AB, CAN, T2P 3N4

Website

https://www.keyera.com

Keyera is a midstream energy business that operates primarily out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 kilometers of pipelines.

Executives

Michael John Crothers

Director