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TX Rail Products (TX Rail Products) Interest Expense : $-0.13 Mil (TTM As of Sep. 2020)


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What is TX Rail Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TX Rail Products's interest expense for the three months ended in Sep. 2020 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-0.13 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. TX Rail Products's Operating Income for the three months ended in Sep. 2020 was $ 0.00 Mil. TX Rail Products's Interest Expense for the three months ended in Sep. 2020 was $ 0.00 Mil. GuruFocus does not calculate TX Rail Products'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.

TX Rail Products Interest Expense Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Interest Expense Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.13 -0.13 -0.13 -0.02

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.04 -0.03 -0.03 -

TX Rail Products 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 Mil.

* 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.

TX Rail Products  (OTCPK:TXRP) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

TX Rail Products's Interest Expense for the three months ended in Sep. 2020 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2020 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $2.00 Mil.

TX Rail Products's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

GuruFocus does not calculate TX Rail Products's interest coverage with the available data.

* 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.

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

TX Rail Products (TX Rail Products) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » TX Rail Products Inc (OTCPK:TXRP) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
Website
https://www.txholdings.com
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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