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Kingston Wharves (XJAM:KW) Interest Expense : JMD-35 Mil (TTM As of Mar. 2024)


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What is Kingston Wharves Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kingston Wharves's interest expense for the three months ended in Mar. 2024 was JMD -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was JMD-35 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. Kingston Wharves's Operating Income for the three months ended in Mar. 2024 was JMD 873 Mil. Kingston Wharves's Interest Expense for the three months ended in Mar. 2024 was JMD -35 Mil. Kingston Wharves's Interest Coverage for the quarter that ended in Mar. 2024 was 25.11. 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.


Kingston Wharves Interest Expense Historical Data

The historical data trend for Kingston Wharves'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.

Kingston Wharves Interest Expense Chart

Kingston Wharves 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 -177.92 -136.93 -107.00 -119.17 -109.35

Kingston Wharves Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 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 -25.38 -37.03 -26.85 - -34.76

Kingston Wharves 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 JMD-35 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.


Kingston Wharves  (XJAM:KW) 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.

Kingston Wharves's Interest Expense for the three months ended in Mar. 2024 was JMD-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was JMD873 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was JMD6,821 Mil.

Kingston Wharves'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*872.828/-34.764
=25.11

* 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.


Kingston Wharves Business Description

Traded in Other Exchanges
N/A
Address
195 Second Street, Total Logistics Facility, Newport West, St. Andrew, Kingston, JAM, 13
Kingston Wharves Ltd is engaged in the operation of public wharves, logistics services, security services, warehousing, and the rental of and repairs to cold storage facilities. It operates in two segments: Terminal operations and Logistics services. The Terminal operations segment which generates the majority of revenue engages in the operation of public wharves and the stevedoring of vessels. Its Logistics Services segment offers warehousing and logistics facilities, security services, rental of and repairs to cold storage facilities, and property rental.