Red Star Express (NSA:RSE) Interest Expense : ₦ Mil (TTM As of . 20)

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What is Red Star Express Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Red Star Express's interest expense for the three months ended in . 20 was ₦ 0.00 Mil. Red Star Express 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. Red Star Express's Operating Income for the three months ended in . 20 was ₦ 0.00 Mil. Red Star Express's Interest Expense for the three months ended in . 20 was ₦ 0.00 Mil. Red Star Express 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.

Red Star Express Interest Expense Historical Data

The historical data trend for Red Star Express'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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Red Star Express Interest Expense Chart

Red Star Express Annual Data

Trend

Interest Expense

Red Star Express Quarterly Data

Interest Expense

Red Star Express Interest Expense Calculation

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

Red Star Express (NSA:RSE) 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.

Red Star Express'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.

Red Star Express's Interest Coverage for the quarter that ended in . 20 is calculated as

Red Star Express had no long-term debt ⁽¹⁾.

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

Red Star Express (NSA:RSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Red Star Express PLC (NSA:RSE) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

70, International Airport Road, Lagos, NGA

Website

http://www.redstarexpress-ng.com

Red Star Express PLC provides a portfolio of full logistic solutions. The company's solutions include international and domestic express delivery, freight forwarding, integrated logistics solutions, information and document management solutions, warehousing and e-commerce solutions.

Red Star Express (NSA:RSE) Headlines

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