Marten Transport (Marten Transport) Interest Expense

: $0 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marten Transport's interest expense for the three months ended in Dec. 2023 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $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. Marten Transport's Operating Income for the three months ended in Dec. 2023 was $ 14 Mil. Marten Transport's Interest Expense for the three months ended in Dec. 2023 was $ 0 Mil. GuruFocus does not calculate Marten Transport's interest coverage with the available data. 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.

Marten Transport Interest Expense Historical Data

The historical data trend for Marten Transport'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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Marten Transport Annual Data

Trend

Dec14

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Dec23

Interest Expense

Marten Transport Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-	-	-	-	-

Marten Transport 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Marten Transport (NAS:MRTN) 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.

Marten Transport's Interest Expense for the three months ended in Dec. 2023 was $0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0 Mil.

Marten Transport's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Marten Transport's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Marten Transport Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Marten Transport (Marten Transport) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marten Transport Ltd (NAS:MRTN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

129 Marten Street, Mondovi, WI, USA, 54755

Website

http://www.marten.com

Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.

Executives

Randall John Baier	officer: Exec. VP & Chief Tech. Officer	129 MARTEN STREET, MONDOVI WI 54755
Thomas J Winkel	director
Patricia L Jones	director	C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Larry B Hagness	director
James J Hinnendael	officer: Chief Financial Officer	129 MARTEN STREET, MONDOVI WI 54755
John H Turner	officer: Vice President of Sales	129 MARTEN STREET, MONDOVI WI 54755
Robert L Demorest	director	2235 VALE CREST, MINNEAPOLIS MN 55422
Jerry M Bauer	director
Douglas Paul Petit	officer: President	129 MARTEN STREET, MONDOVI WI 54755
Timothy M Kohl	officer: President	129 MARTEN STREET, MONDOVI WI 54755
Randolph L Marten	director, 10 percent owner, officer: Chairman and President	129 MARTEN STREET, MONDOVI WI 54755
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Timothy P Nash	officer: Exec. VP of Sales & Marketing
Ronald Richard Booth	director	129 MARTEN STREET, MONDOVI WI 54755
G Larry Owens	director