Cargotrans Maritime (BOM:543618) Interest Expense : ₹-2.5 Mil (TTM As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Cargotrans Maritime Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cargotrans Maritime's interest expense for the six months ended in Sep. 2024 was ₹ -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2.5 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. Cargotrans Maritime's Operating Income for the six months ended in Sep. 2024 was ₹ 20.4 Mil. Cargotrans Maritime's Interest Expense for the six months ended in Sep. 2024 was ₹ -2.1 Mil. Cargotrans Maritime's Interest Coverage for the quarter that ended in Sep. 2024 was 9.65. 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.

Cargotrans Maritime Interest Expense Historical Data

The historical data trend for Cargotrans Maritime'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.

Cargotrans Maritime Interest Expense Chart

Cargotrans Maritime Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-2.54

-3.41

-1.90

-0.32

-0.77

Cargotrans Maritime Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial			-	-	-0.38	-0.39	-2.11

Cargotrans Maritime 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-2.5 Mil.

Cargotrans Maritime (BOM:543618) 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.

Cargotrans Maritime's Interest Expense for the six months ended in Sep. 2024 was ₹-2.1 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹20.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹22.8 Mil.

Cargotrans Maritime's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	20.381	/	-2.111
	=	9.65

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

Cargotrans Maritime Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cargotrans Maritime Ltd (BOM:543618) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyam Paragon, DBZ-S-61A, 2nd Floor, Gandhidham, Kachchh, GJ, IND, 370 201

Website

https://www.cargotrans.in

Cargotrans Maritime Ltd is an international logistics solution provider. The company's core business is providing sea logistics services including ocean freight forwarding, transportation, customs clearance, warehousing and other value-added services to clients.

Cargotrans Maritime Headlines

No Headlines