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Logwin AG (XTER:TGHN) Interest Expense : €-5 Mil (TTM As of Dec. 2023)


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What is Logwin AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Logwin AG's interest expense for the six months ended in Dec. 2023 was € -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-5 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. Logwin AG's Operating Income for the six months ended in Dec. 2023 was € 44 Mil. Logwin AG's Interest Expense for the six months ended in Dec. 2023 was € -3 Mil. Logwin AG's Interest Coverage for the quarter that ended in Dec. 2023 was 16.59. 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.


Logwin AG Interest Expense Historical Data

The historical data trend for Logwin AG'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.

Logwin AG Interest Expense Chart

Logwin AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.10 -4.05 -3.04 -4.82 -4.67

Logwin AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -1.41 -1.48 -3.35 -2.00 -2.67

Logwin AG 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 semi-annually data reported by the company within the most recent 12 months, which was €-5 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.


Logwin AG  (XTER:TGHN) 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.

Logwin AG's Interest Expense for the six months ended in Dec. 2023 was €-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was €44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €44 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*44.303/-2.67
=16.59

* 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.


Logwin AG (XTER:TGHN) Business Description

Traded in Other Exchanges
Address
5, an de Langten, ZIR Potaschberg, Grevenmacher, LUX, L-6776
Logwin AG provides transport and logistics services. Its services cover sea freight, air freight, retail network, project logistics, air charter, and ship part logistics, warehousing, value-added services, efulfillment, and transport management. The company has Solutions and Air plus ocean business segments. Solution segment develops contract logistics solutions and offers industry-specific transport and logistics concepts to industrial engineering, automotive, chemicals, electronics, high tech, retail, and fashion companies. Air plus ocean segment manages international shipments through air and sea and related logistics services. Air plus ocean segment generates the majority of the revenues. Geographically, it derived maximum revenue from Germany.

Logwin AG (XTER:TGHN) Headlines

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