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PAMT (PAMT) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is PAMT 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. PAMT's Operating Income for the three months ended in Mar. 2025 was $-12.2 Mil. PAMT's Interest Expense for the three months ended in Mar. 2025 was $-4.0 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 PAMT's Interest Coverage or its related term are showing as below:


PAMT'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.


PAMT Interest Coverage Historical Data

The historical data trend for PAMT'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.

PAMT Interest Coverage Chart

PAMT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 12.28 15.20 3.19 -

PAMT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage 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 - - 0.72 - -

Competitive Comparison of PAMT's Interest Coverage

For the Trucking subindustry, PAMT'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.


PAMT's Interest Coverage Distribution in the Transportation Industry

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

* The bar in red indicates where PAMT's Interest Coverage falls into.


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PAMT 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.

PAMT'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, PAMT's Interest Expense was $-13.2 Mil. Its Operating Income was $-29.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $252.6 Mil.

PAMT did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, PAMT's Interest Expense was $-4.0 Mil. Its Operating Income was $-12.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $235.2 Mil.

PAMT 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.


PAMT  (NAS:PAMT) 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 .


PAMT Interest Coverage Related Terms

Thank you for viewing the detailed overview of PAMT's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


PAMT Business Description

Traded in Other Exchanges
N/A
Address
297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770
PAMT Corp is a holding company that is engaged in providing truckload dry van carriers transporting general commodities throughout the continental United States, as well as the Canadian provinces of Ontario and Quebec. It has one reportable segment being motor carrier.
Executives
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Edwin J. Lukas director 12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis director 7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto director, officer: President and CEO P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop director P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano director P.O. BOX 188, TONTITOWN AR 72770
Allen West officer: VP Finance, CFO, Secy, Treas POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon officer: Chief Operating Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty director 297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman director, officer: President PO BOX 188, TONTITOWN AR 72770
Norman E Harned director 12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard officer: EXECUTIVE VICE PRESIDENT PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart officer: VP Fin, CFO, Sec. and Treas. POST OFFICE BOX 188, TONTITOWN AR 72770