Log-In Logistica Intermodal (BSP:LOGN3) Interest Coverage

: 0 (At Loss) (As of Dec. 2023)

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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 by its Interest Expense. Log-In Logistica Intermodal's Operating Income for the three months ended in Dec. 2023 was R$-57 Mil. Log-In Logistica Intermodal's Interest Expense for the three months ended in Dec. 2023 was R$-28 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Log-In Logistica Intermodal's Interest Coverage or its related term are showing as below:

BSP:LOGN3' s Interest Coverage Range Over the Past 10 Years
Min: 0.24 Med: 1.18 Max: 1.54
Current: 1.19

BSP:LOGN3's Interest Coverage is ranked worse than
87.88% of 817 companies
in the Transportation industry
Industry Median: 5.6 vs BSP:LOGN3: 1.19

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Log-In Logistica Intermodal Interest Coverage Historical Data

The historical data trend for Log-In Logistica Intermodal's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Log-In Logistica Intermodal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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1.10

1.37

1.46

1.54

1.18

Log-In Logistica Intermodal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															1.24	2.16	1.31	1.81	-

Competitive Comparison

For the Marine Shipping subindustry, Log-In Logistica Intermodal's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Log-In Logistica Intermodal Interest Coverage Distribution

For the Transportation industry and Industrials sector, Log-In Logistica Intermodal's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Log-In Logistica Intermodal's Interest Coverage falls into.

Log-In Logistica Intermodal Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Log-In Logistica Intermodal's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Log-In Logistica Intermodal's Interest Expense was R$-202 Mil. Its Operating Income was R$239 Mil. And its Long-Term Debt & Capital Lease Obligation was R$1,555 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	238.916	/	-202.271
	=	1.18

Log-In Logistica Intermodal's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Log-In Logistica Intermodal's Interest Expense was R$-28 Mil. Its Operating Income was R$-57 Mil. And its Long-Term Debt & Capital Lease Obligation was R$1,555 Mil.

Log-In Logistica Intermodal did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Log-In Logistica Intermodal (BSP:LOGN3) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Log-In Logistica Intermodal Interest Coverage Related Terms

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Log-In Logistica Intermodal (BSP:LOGN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Log-In Logistica Intermodal SA (BSP:LOGN3) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Rua do Passeio, 78, 12th Floor, Ed. BVEP Nigri Plaza, Rio de Janeiro, RJ, BRA, CEP: 20021-280

Website

https://www.loginlogistica.com.br

Log-In Logistica Intermodal SA is a Brazil-based logistics operator. It is engaged in the activities of long-haul maritime trade, general river and coastal transport of cargo, the operation of inland and port terminals. The company offers integrated solutions for port handling and door-to-door container transport, by sea, supplemented by distance road transportation and storage of cargo using inland intermodal terminals, and maritime bulk shipping. Its segment includes Integrated Logistics Solutions; Port Terminal and Road Cargo Transport. The company generates maximum revenue from the Integrated Logistics Solutions segment.

Log-In Logistica Intermodal (BSP:LOGN3) Headlines

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