KLX Energy Services Holdings, Inc. KLXE Payment-in-kind interest
Payment-in-kind interest at other companies
Other financials
Where this comes from
Reported directly by KLX Energy Services Holdings, Inc. in its filing.
Tagged under the XBRL concept us-gaap:PaidInKindInterest.
The official record: KLX Energy Services Holdings, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is KLX Energy Services Holdings, Inc.'s payment-in-kind interest?
- KLX Energy Services Holdings, Inc. (KLXE) reported payment-in-kind interest of $6.8M in Q1 2026.
- What does payment-in-kind interest mean?
- Represents interest expense that is settled by increasing the principal amount of the debt rather than through cash payments. This metric is a critical indicator of financial stress or specific debt structure terms that allow for deferred cash outflows. High levels of PIK interest suggest the company is preserving cash at the expense of increasing its total debt obligation.