Cargosol Logistics (BOM:543621) Interest Expense : ₹-33 Mil (TTM As of Mar. 2024)

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What is Cargosol Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cargosol Logistics's interest expense for the six months ended in Mar. 2024 was ₹ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-33 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. Cargosol Logistics's Operating Income for the six months ended in Mar. 2024 was ₹ -46 Mil. Cargosol Logistics's Interest Expense for the six months ended in Mar. 2024 was ₹ -18 Mil. Cargosol Logistics did not have earnings to cover the interest expense. 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.

Cargosol Logistics Interest Expense Historical Data

The historical data trend for Cargosol Logistics'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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Cargosol Logistics Interest Expense Chart

Cargosol Logistics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-13.90

-14.78

-17.26

-20.64

-33.20

Cargosol Logistics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-9.31	-11.33	-15.52	-17.68

Cargosol Logistics 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-33 Mil.

Cargosol Logistics (BOM:543621) 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.

Cargosol Logistics's Interest Expense for the six months ended in Mar. 2024 was ₹-18 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-46 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹118 Mil.

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

Cargosol Logistics did not have earnings to cover the interest expense.

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

Cargosol Logistics (BOM:543621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cargosol Logistics Ltd (BOM:543621) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahar Road, 502, Swaroop Arcade, Andheri (East), Mumbai, MH, IND, 400099

Website

https://www.cargosol.com

Cargosol Logistics Ltd is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations, owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.

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