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PAL (Proficient Auto Logistics) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Proficient Auto Logistics Interest Coverage?

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 by its Interest Expense. Proficient Auto Logistics's Operating Income for the three months ended in Mar. 2025 was $-2.4 Mil. Proficient Auto Logistics's Interest Expense for the three months ended in Mar. 2025 was $-1.6 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Proficient Auto Logistics's Interest Coverage or its related term are showing as below:


PAL's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.92
* Ranked among companies with meaningful Interest Coverage only.

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


Proficient Auto Logistics Interest Coverage Historical Data

The historical data trend for Proficient Auto Logistics's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Proficient Auto Logistics Interest Coverage Chart

Proficient Auto Logistics Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
12.58 10.67 N/A

Proficient Auto Logistics Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt - - N/A -

Competitive Comparison of Proficient Auto Logistics's Interest Coverage

For the Integrated Freight & Logistics subindustry, Proficient Auto Logistics's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Proficient Auto Logistics's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Proficient Auto Logistics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Proficient Auto Logistics's Interest Coverage falls into.


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Proficient Auto Logistics Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Proficient Auto Logistics's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Proficient Auto Logistics's Interest Expense was $0.0 Mil. Its Operating Income was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $72.6 Mil.

GuruFocus does not calculate Proficient Auto Logistics's interest coverage with the available data.

Proficient Auto Logistics's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Proficient Auto Logistics's Interest Expense was $-1.6 Mil. Its Operating Income was $-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $69.7 Mil.

Proficient Auto Logistics did not have earnings to cover the interest expense.

* 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.


Proficient Auto Logistics  (NAS:PAL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Proficient Auto Logistics Interest Coverage Related Terms

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Proficient Auto Logistics Business Description

Traded in Other Exchanges
N/A
Address
12276 San Jose Boulevard, Suite 426, Jacksonville, FL, USA, 32223
Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable revenue categories of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.