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LHN Logistics (SGX:GIH) Interest Expense : S$0.15 Mil (TTM As of Mar. 2023)


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What is LHN Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LHN Logistics's interest expense for the six months ended in Mar. 2023 was S$ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was S$0.15 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. LHN Logistics's Operating Income for the six months ended in Mar. 2023 was S$ 1.74 Mil. LHN Logistics's Interest Expense for the six months ended in Mar. 2023 was S$ -0.15 Mil. LHN Logistics's Interest Coverage for the quarter that ended in Mar. 2023 was 11.90. 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.


LHN Logistics Interest Expense Historical Data

The historical data trend for LHN 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.

* Premium members only.

LHN Logistics Interest Expense Chart

LHN Logistics Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Interest Expense
-0.29 -0.60 -0.63 0.02

LHN Logistics Semi-Annual Data
Sep19 Sep20 Sep21 Mar22 Sep22 Mar23
Interest Expense Get a 7-Day Free Trial - - -0.27 0.29 -0.15

LHN 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.15 Mil.

* 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.


LHN Logistics  (SGX:GIH) 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.

LHN Logistics's Interest Expense for the six months ended in Mar. 2023 was S$-0.15 Mil. Its Operating Income for the six months ended in Mar. 2023 was S$1.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was S$11.84 Mil.

LHN Logistics's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*1.738/-0.146
=11.90

* 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.


LHN Logistics (SGX:GIH) Business Description

Traded in Other Exchanges
N/A
Address
10 Raeburn Park No. 02-15B, Singapore, SGP, 088702
LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

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