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ABC Transport (NSA:ABCTRANS) Interest Expense : ₦ Mil (TTM As of . 20)


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What is ABC Transport Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ABC Transport's interest expense for the three months ended in . 20 was ₦ 0.00 Mil. ABC Transport does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. ABC Transport's Operating Income for the three months ended in . 20 was ₦ 0.00 Mil. ABC Transport's Interest Expense for the three months ended in . 20 was ₦ 0.00 Mil. ABC Transport 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.


ABC Transport Interest Expense Historical Data

The historical data trend for ABC Transport'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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ABC Transport Interest Expense Chart

ABC Transport Annual Data
Trend
Interest Expense

ABC Transport Quarterly Data
Interest Expense

ABC Transport Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


ABC Transport  (NSA:ABCTRANS) Interest Expense Explanation

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. The higher, the better.

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

ABC Transport's Interest Expense for the three months ended in . 20 was ₦0.00 Mil. Its Operating Income for the three months ended in . 20 was ₦0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₦0.00 Mil.

ABC Transport's Interest Coverage for the quarter that ended in . 20 is calculated as

ABC Transport had no long-term debt (1).

* 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.


ABC Transport (NSA:ABCTRANS) Business Description

Traded in Other Exchanges
N/A
Address
Km 5 MCC Uratta Road, Owerri, Imo State, NGA, 1111
ABC Transport PLC is engaged in road passenger transportation. The company's services include Cargo Express and City Transit Inn. It operates in various cities like Lagos, Aba, Owerri, Port-Harcourt, Abuja, Enugu, Onitsha, Umuahia, Jos, Mbaise, Bolade, and Accra.

ABC Transport (NSA:ABCTRANS) Headlines

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