Transvoy Logistics India (BOM:543754) Interest Expense : ₹-3.1 Mil (TTM As of Mar. 2024)

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What is Transvoy Logistics India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transvoy Logistics India's interest expense for the six months ended in Mar. 2024 was ₹ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-3.1 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. Transvoy Logistics India's Operating Income for the six months ended in Mar. 2024 was ₹ 0.7 Mil. Transvoy Logistics India's Interest Expense for the six months ended in Mar. 2024 was ₹ -1.5 Mil. Transvoy Logistics India's Interest Coverage for the quarter that ended in Mar. 2024 was 0.48. 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.

Transvoy Logistics India Interest Expense Historical Data

The historical data trend for Transvoy Logistics India'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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Transvoy Logistics India Interest Expense Chart

Transvoy Logistics India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.01

-1.70

-3.13

Transvoy Logistics India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-0.57	-1.13	-1.59	-1.54

Transvoy Logistics India 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-3.1 Mil.

Transvoy Logistics India (BOM:543754) 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.

Transvoy Logistics India's Interest Expense for the six months ended in Mar. 2024 was ₹-1.5 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹81.7 Mil.

Transvoy Logistics India'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	*	0.744	/	-1.543
	=	0.48

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

Transvoy Logistics India (BOM:543754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transvoy Logistics India Ltd (BOM:543754) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sarkhej Gandhinagar Highway, B-504, Mondeal Heights, B/S Novotel Hotel, Ahmedabad, GJ, IND, 380015

Website

https://www.transvoy.com

Transvoy Logistics India Ltd is engaged in the business of integrated logistics solutions. The company offers services like NVOCC, Freight Forwarding, Custom Clearance, Transportation handling, and Advisory on MEIS License Trading. It operates primarily in India along with expanding to different parts of the world including Sri Lanka, China, Malaysia, Middle East, and Singapore.

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