Parsian leasing (XTEH:LPRS1) Interest Expense : IRR Mil (TTM As of . 20)

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What is Parsian leasing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Parsian leasing's interest expense for the six months ended in . 20 was IRR 0.00 Mil. Parsian leasing does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Parsian leasing's Operating Income for the six months ended in . 20 was IRR 0.00 Mil. Parsian leasing's Interest Expense for the six months ended in . 20 was IRR 0.00 Mil. Parsian leasing did not have earnings to cover the interest expense. 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.

Parsian leasing Interest Expense Historical Data

The historical data trend for Parsian leasing'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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Parsian leasing Interest Expense Chart

Parsian leasing Annual Data

Trend

Interest Expense

Parsian leasing Semi-Annual Data

Interest Expense

Parsian leasing Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Parsian leasing (XTEH:LPRS1) 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.

Parsian leasing's Interest Expense for the six months ended in . 20 was IRR0.00 Mil. Its Operating Income for the six months ended in . 20 was IRR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was IRR0.00 Mil.

Parsian leasing's Interest Coverage for the quarter that ended in . 20 is calculated as

Parsian leasing had no long-term debt ⁽¹⁾.

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

Parsian leasing (XTEH:LPRS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Parsian leasing (XTEH:LPRS1) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 53, First of Shahid Shorideh Street, Before Pars Hospital, Keshavarz Boulevard, Tehran, IRN

Website

https://www.parsian-fg.com

Parsian leasing is engaged in leasing operations including the provision of authorized goods requested by customers of retailers and manufacturers and transfer them via lease or installment sales.

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