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USA Truck (USA Truck) Interest Expense : $-4.8 Mil (TTM As of Jun. 2022)


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What is USA Truck Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. USA Truck's interest expense for the three months ended in Jun. 2022 was $ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-4.8 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. USA Truck's Operating Income for the three months ended in Jun. 2022 was $ 7.1 Mil. USA Truck's Interest Expense for the three months ended in Jun. 2022 was $ -1.5 Mil. USA Truck's Interest Coverage for the quarter that ended in Jun. 2022 was 4.61. 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.


USA Truck Interest Expense Historical Data

The historical data trend for USA Truck'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.

USA Truck Interest Expense Chart

USA Truck Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.81 -3.65 -6.60 -5.61 -3.93

USA Truck Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -1.01 -0.99 -0.90 -1.42 -1.54

USA Truck 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.8 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.


USA Truck  (NAS:USAK) 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.

USA Truck's Interest Expense for the three months ended in Jun. 2022 was $-1.5 Mil. Its Operating Income for the three months ended in Jun. 2022 was $7.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $141.6 Mil.

USA Truck's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*7.103/-1.542
=4.61

* 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.


USA Truck (USA Truck) Business Description

Traded in Other Exchanges
N/A
Address
3200 Industrial Park Road, Van Buren, AR, USA, 72956
USA Truck Inc provides transportation and logistics services. It reports two segments namely Trucking which consists of the company's truckload and freight service offerings and USAT Logistics which consist of the company's freight brokerage, logistics, and rail intermodal service offerings. The company transports commodities throughout the United States and into and out of portions of Canada and Mexico. The majority of the revenue is generated from the Trucking segment.
Executives
Robert E. Creager director 2728 TANGLEY ROAD, HOUSTON TX 77005
Rajan Penkar director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Kimberly K Littlejohn officer: SVP - Customer Experience, CIO 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Thomas M Glaser director
Barbara J Faulkenberry director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Timothy W Guin officer: EVP & Chief Commercial Officer 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
James D Reed director, officer: President and CEO 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Jason R. Bates officer: EVP, Chief Financial Officer USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Zachary B King officer: VP, Corporate Controller, PAO 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Hermann Justin Kreimer officer: VP - Trucking Operations 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Katherine B. Knight officer: VP, Gen Counsel, Corp Sec. 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Gary Enzor director 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Robert A Peiser director PO BOX 612787, DFW AIRPORT TX 75261
Mary Susan Chambers director 702 S.W. 8TH STREET, BENTONVILLE AR 72716-0215