LBC Express Holdings (PHS:LBC) Interest Expense : ₱-593 Mil (TTM As of Mar. 2024)

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What is LBC Express Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LBC Express Holdings's interest expense for the three months ended in Mar. 2024 was ₱ -176 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-593 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. LBC Express Holdings's Operating Income for the three months ended in Mar. 2024 was ₱ 230 Mil. LBC Express Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱ -176 Mil. LBC Express Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 1.31. 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.

LBC Express Holdings Interest Expense Historical Data

The historical data trend for LBC Express Holdings'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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LBC Express Holdings Interest Expense Chart

LBC Express Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-386.39

-440.68

-452.74

-525.21

-541.52

LBC Express Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-124.25	-128.36	-135.84	-153.08	-175.77

LBC Express Holdings 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 quarterly data reported by the company within the most recent 12 months, which was ₱-593 Mil.

LBC Express Holdings (PHS:LBC) 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.

LBC Express Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱-176 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱230 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱2,148 Mil.

LBC Express Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	230.386	/	-175.773
	=	1.31

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. LBC Express Holdingss earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

LBC Express Holdings (PHS:LBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LBC Express Holdings (PHS:LBC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Domestic Airport Road, LBC Hangar, General Aviation Centre, Metro Manila, Pasay, PHL, 1300

Website

https://www.lbcexpressholdings.com

LBC Express Holdings is a Philippines-based holding company engaged in providing logistics and money transfer services. Through the logistics services, the company serves two customer segments, retail customers, and corporate customers. It provides services such as courier, air cargo forwarding, and balikbayan box services to retail customers. To corporate customers, it offers courier and freight forwarding services, corporate solutions, and tailor-made corporate logistics services. In the money transfer services segment, the company comprises both domestic and international money transfer services such as remittances, bill payment collection, and corporate remittance payout services. The firm operates in the Philippines and globally, and generates key revenue from the Logistics segment.