Premier Roadlines (NSE:PRLIND) Interest Expense : ₹-8 Mil (TTM As of Sep. 2024)

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What is Premier Roadlines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Premier Roadlines's interest expense for the six months ended in Sep. 2024 was ₹ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-8 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. Premier Roadlines's Operating Income for the six months ended in Sep. 2024 was ₹ 77 Mil. Premier Roadlines's Interest Expense for the six months ended in Sep. 2024 was ₹ -8 Mil. Premier Roadlines's Interest Coverage for the quarter that ended in Sep. 2024 was 10.17. 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.

Premier Roadlines Interest Expense Historical Data

The historical data trend for Premier Roadlines'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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Premier Roadlines Interest Expense Chart

Premier Roadlines Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-18.07

-17.72

-25.88

Premier Roadlines Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Interest Expense	-	-	-	-17.25	-7.60

Premier Roadlines 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 ₹-8 Mil.

Premier Roadlines (NSE:PRLIND) 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.

Premier Roadlines's Interest Expense for the six months ended in Sep. 2024 was ₹-8 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0 Mil.

Premier Roadlines'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	*	77.242	/	-7.595
	=	10.17

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

Premier Roadlines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Premier Roadlines Ltd (NSE:PRLIND) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Unit No. 501, 5th Floor, Plot No. 4B, Tower A, Nextra, Mayur Vihar, Phase-I Extension, East Delhi, Delhi, IND, 110091

Website

https://www.prlindia.com

Premier Roadlines Ltd is engaged in providing logistics solutions to businesses, particularly surface transportation of goods. It is a goods transport agency providing general transport services, project logistics, and over-dimensional/overweight contracted integrated logistics services General Logistics. It mainly serves B2B customers under the Contract Logistics division. Its services are Project Transportation, Over Dimensional Cargo, Integrated Logistics Services, Fleet Rentals, Break Bulk, and Value Added Services. It operates in Transport operations as a single segment.

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