AVG Logistics (NSE:AVG) Interest Expense : ₹-281 Mil (TTM As of Mar. 2024)

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What is AVG Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AVG Logistics's interest expense for the six months ended in Mar. 2024 was ₹ -139 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-281 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. AVG Logistics's Operating Income for the six months ended in Mar. 2024 was ₹ 247 Mil. AVG Logistics's Interest Expense for the six months ended in Mar. 2024 was ₹ -139 Mil. AVG Logistics's Interest Coverage for the quarter that ended in Mar. 2024 was 1.79. 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.

AVG Logistics Interest Expense Historical Data

The historical data trend for AVG Logistics'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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AVG Logistics Interest Expense Chart

AVG Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-81.65

-98.96

-203.94

-307.60

-281.03

AVG Logistics Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial														-126.34	-141.34	-145.71	-142.42	-138.61

AVG Logistics 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-281 Mil.

AVG Logistics (NSE:AVG) 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.

AVG Logistics's Interest Expense for the six months ended in Mar. 2024 was ₹-139 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹247 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹1,328 Mil.

AVG Logistics'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	*	247.458	/	-138.611
	=	1.79

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

AVG Logistics (NSE:AVG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AVG Logistics Ltd (NSE:AVG) » Definitions » Interest Expense

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543910:India

Address

Jhilmil Metro Complex, 102, 1st Floor, Delhi, IND, 110095

Website

http://www.avglogistics.com

AVG Logistics Ltd operates mainly in transportation, warehousing, and trading of goods. The company's business activity falls primarily into only segments being Logistic business. It generates revenues from freight, warehouse, sales of traded goods, and sub-lease.

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