Logistics Development Group (LSE:LDG) Interest Expense : £0.00 Mil (TTM As of Nov. 2023)

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What is Logistics Development Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Logistics Development Group's interest expense for the six months ended in Nov. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was £0.00 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. Logistics Development Group's Operating Income for the six months ended in Nov. 2023 was £ -0.49 Mil. Logistics Development Group's Interest Expense for the six months ended in Nov. 2023 was £ 0.00 Mil. Logistics Development Group has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Logistics Development Group Interest Expense Historical Data

The historical data trend for Logistics Development Group'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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Logistics Development Group Interest Expense Chart

Logistics Development Group Annual Data

Trend

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Nov23

Interest Expense

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-7.89

Logistics Development Group Semi-Annual Data
	Nov14	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Interest Expense	Get a 7-Day Free Trial													-	-	-	-	-

Logistics Development Group 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Logistics Development Group (LSE:LDG) 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.

Logistics Development Group's Interest Expense for the six months ended in Nov. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Nov. 2023 was £-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was £0.00 Mil.

Logistics Development Group's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Logistics Development Group had no long-term debt ⁽¹⁾.

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

Good Sign:

Logistics Development Group PLC has no debt.

Logistics Development Group (LSE:LDG) Business Description

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Address

3 More London Riverside, 4th Floor, London, GBR, SE1 2AQ

Website

https://www.ldgplc.com

Logistics Development Group PLC is a logistics and supply chain company in the UK. The company provides transport, warehousing, rail, and freight logistics services to a range of UK and international customers.

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