KLX Interest Expense from 2010 to 2024

KLXE Stock  USD 6.20  0.18  2.99%   
KLX Energy's Interest Expense is decreasing over the years with slightly volatile fluctuation. Interest Expense is expected to dwindle to about 34.7 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2018-12-31
Previous Quarter
9.8 M
Current Value
9.8 M
Quarterly Volatility
1.1 M
 
Covid
Check KLX Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KLX Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.8 M, Interest Expense of 34.7 M or Total Revenue of 506.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0 or PTB Ratio of 4.75. KLX financial statements analysis is a perfect complement when working with KLX Energy Valuation or Volatility modules.
  
Check out the analysis of KLX Energy Correlation against competitors.

Latest KLX Energy's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of KLX Energy Services over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. KLX Energy's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KLX Energy's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

KLX Interest Expense Regression Statistics

Arithmetic Mean526,611,667
Geometric Mean104,153,291
Coefficient Of Variation120.99
Mean Deviation603,030,667
Median35,000,000
Standard Deviation637,143,041
Sample Variance405951.3T
Range1.3B
R-Value(0.84)
Mean Square Error125805.2T
R-Squared0.71
Significance0.000076
Slope(120,235,625)
Total Sum of Squares5683317.6T

KLX Interest Expense History

202434.7 M
202336.5 M
202235 M
202129.4 M
202030.7 M
201929.2 M

About KLX Energy Financial Statements

KLX Energy stakeholders use historical fundamental indicators, such as KLX Energy's Interest Expense, to determine how well the company is positioned to perform in the future. Although KLX Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in KLX Energy's assets and liabilities are reflected in the revenues and expenses on KLX Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in KLX Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense36.5 M34.7 M

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When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out the analysis of KLX Energy Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KLX Energy. If investors know KLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KLX Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.