Coastal Roadways (BOM:520131) Interest Expense : ₹-1.2 Mil (TTM As of Mar. 2024)

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What is Coastal Roadways Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coastal Roadways's interest expense for the three months ended in Mar. 2024 was ₹ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1.2 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. Coastal Roadways's Operating Income for the three months ended in Mar. 2024 was ₹ 5.6 Mil. Coastal Roadways's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.3 Mil. Coastal Roadways's Interest Coverage for the quarter that ended in Mar. 2024 was 18.67. 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.

Coastal Roadways Interest Expense Historical Data

The historical data trend for Coastal Roadways'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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Coastal Roadways Interest Expense Chart

Coastal Roadways Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4.77

-2.38

-1.01

-1.10

-1.20

Coastal Roadways Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.40	-0.30	-0.30	-0.30	-0.30

Coastal Roadways 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.2 Mil.

Coastal Roadways (BOM:520131) 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.

Coastal Roadways's Interest Expense for the three months ended in Mar. 2024 was ₹-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹5.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1.4 Mil.

Coastal Roadways's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	5.6	/	-0.3
	=	18.67

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

Coastal Roadways (BOM:520131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Coastal Roadways Ltd (BOM:520131) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

1/1, Camac Street, 5th Floor, Kolkata, WB, IND, 700016

Website

http://www.coastalroadways.com

Coastal Roadways Ltd is engaged in providing road transportation and logistics services. Its services include full truckload, part loads, containerized vehicles, over-dimensional cargo, warehousing, multimodal transportation, end-to-end solution, carrying and forwarding services. The company's segment includes Freight and Supply Chain Solutions. It generates maximum revenue from the Freight segment.

Coastal Roadways (BOM:520131) Headlines

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