TotalEnergies Marketing Ghana (XGHA:TOTAL) Interest Expense : GHS-64 Mil (TTM As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is TotalEnergies Marketing Ghana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TotalEnergies Marketing Ghana's interest expense for the three months ended in Mar. 2024 was GHS -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was GHS-64 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. TotalEnergies Marketing Ghana's Operating Income for the three months ended in Mar. 2024 was GHS 89 Mil. TotalEnergies Marketing Ghana's Interest Expense for the three months ended in Mar. 2024 was GHS -25 Mil. TotalEnergies Marketing Ghana's Interest Coverage for the quarter that ended in Mar. 2024 was 3.64. 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.

TotalEnergies Marketing Ghana Interest Expense Historical Data

The historical data trend for TotalEnergies Marketing Ghana'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.

TotalEnergies Marketing Ghana Interest Expense Chart

TotalEnergies Marketing Ghana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-20.24

-20.57

-7.55

-7.75

-5.24

TotalEnergies Marketing Ghana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-14.64	-21.34	-17.04	-22.25	-24.53

TotalEnergies Marketing Ghana 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 GHS-64 Mil.

TotalEnergies Marketing Ghana (XGHA:TOTAL) 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.

TotalEnergies Marketing Ghana's Interest Expense for the three months ended in Mar. 2024 was GHS-25 Mil. Its Operating Income for the three months ended in Mar. 2024 was GHS89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was GHS117 Mil.

TotalEnergies Marketing Ghana'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	*	89.393	/	-24.528
	=	3.64

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

TotalEnergies Marketing Ghana (XGHA:TOTAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies Marketing Ghana Plc (XGHA:TOTAL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25 Liberia Road, P.O. Box 553, Total House, Accra, GHA

Website

https://www.totalenergies.com.gh

TotalEnergies Marketing Ghana Plc is engaged in the business of marketing petroleum and allied products. The reportable operating segments derive their revenue mainly from the sales of petroleum and allied products. Revenue from sales to service stations Network and sales to consumer customers Commercial accounts for Ninety percent of the Company and Group's revenue. It offers services across the Aviation, Bitumen and Mining industries, besides the Manufacturing and Roads Sectors.

TotalEnergies Marketing Ghana (XGHA:TOTAL) Headlines

No Headlines