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JB Hunt Transport Services (WBO:JBHT) Interest Expense : €-62 Mil (TTM As of Mar. 2024)


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What is JB Hunt Transport Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JB Hunt Transport Services's interest expense for the three months ended in Mar. 2024 was € -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-62 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. JB Hunt Transport Services's Operating Income for the three months ended in Mar. 2024 was € 179 Mil. JB Hunt Transport Services's Interest Expense for the three months ended in Mar. 2024 was € -14 Mil. JB Hunt Transport Services's Interest Coverage for the quarter that ended in Mar. 2024 was 12.42. 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.


JB Hunt Transport Services Interest Expense Historical Data

The historical data trend for JB Hunt Transport Services'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.

JB Hunt Transport Services Interest Expense Chart

JB Hunt Transport Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.22 -39.11 -40.93 -48.38 -60.46

JB Hunt Transport Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.81 -13.48 -11.79 -21.97 -14.40

JB Hunt Transport Services 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 €-62 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.


JB Hunt Transport Services  (WBO:JBHT) 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.

JB Hunt Transport Services's Interest Expense for the three months ended in Mar. 2024 was €-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was €179 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,257 Mil.

JB Hunt Transport Services'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*178.819/-14.397
=12.42

* 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.


JB Hunt Transport Services (WBO:JBHT) Business Description

Traded in Other Exchanges
Address
615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130
J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales in 2023); dedicated trucking services that provide customer-specific fleet needs (28%); for-hire truckload (6%); heavy goods final-mile delivery (7%), and asset-light truck brokerage (11%).