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Tegma Gestao Logistica (BSP:TGMA3) Interest Expense : R$-25 Mil (TTM As of Mar. 2024)


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What is Tegma Gestao Logistica Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tegma Gestao Logistica's interest expense for the three months ended in Mar. 2024 was R$ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-25 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. Tegma Gestao Logistica's Operating Income for the three months ended in Mar. 2024 was R$ 45 Mil. Tegma Gestao Logistica's Interest Expense for the three months ended in Mar. 2024 was R$ -6 Mil. Tegma Gestao Logistica's Interest Coverage for the quarter that ended in Mar. 2024 was 8.05. 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.


Tegma Gestao Logistica Interest Expense Historical Data

The historical data trend for Tegma Gestao Logistica'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.

Tegma Gestao Logistica Interest Expense Chart

Tegma Gestao Logistica 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 -17.29 -15.51 -15.57 -16.83 -22.37

Tegma Gestao Logistica 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 -5.52 -7.58 -6.03 -5.72 -5.59

Tegma Gestao Logistica 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 R$-25 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.


Tegma Gestao Logistica  (BSP:TGMA3) 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.

Tegma Gestao Logistica's Interest Expense for the three months ended in Mar. 2024 was R$-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$134 Mil.

Tegma Gestao Logistica'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*44.971/-5.589
=8.05

* 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.


Tegma Gestao Logistica (BSP:TGMA3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Nicola Demarchi 2000, Bairro Demarchi, Sao Bernardo Do Campo, SP, BRA, 9820-655
Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.

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