Total Energies Marketing Maroc (CAS:TMA) Interest Expense : MAD-76 Mil (TTM As of Jun. 2024)

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What is Total Energies Marketing Maroc Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Total Energies Marketing Maroc's interest expense for the six months ended in Jun. 2024 was MAD -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was MAD-76 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. Total Energies Marketing Maroc's Operating Income for the six months ended in Jun. 2024 was MAD 604 Mil. Total Energies Marketing Maroc's Interest Expense for the six months ended in Jun. 2024 was MAD -34 Mil. Total Energies Marketing Maroc's Interest Coverage for the quarter that ended in Jun. 2024 was 17.74. 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.

Total Energies Marketing Maroc Interest Expense Historical Data

The historical data trend for Total Energies Marketing Maroc'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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Total Energies Marketing Maroc Interest Expense Chart

Total Energies Marketing Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-32.86

-39.42

-32.02

-52.27

-67.18

Total Energies Marketing Maroc Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-17.41	-34.86	-24.91	-42.28	-34.07

Total Energies Marketing Maroc 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD-76 Mil.

Total Energies Marketing Maroc (CAS:TMA) 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.

Total Energies Marketing Maroc's Interest Expense for the six months ended in Jun. 2024 was MAD-34 Mil. Its Operating Income for the six months ended in Jun. 2024 was MAD604 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was MAD0 Mil.

Total Energies Marketing Maroc's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	604.317	/	-34.07
	=	17.74

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

Total Energies Marketing Maroc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Total Energies Marketing Maroc (CAS:TMA) » Definitions » Interest Expense

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Address

146, boulevard Zerktouni, Casablanca, MAR, 20000

Website

https://www.totalenergies.ma

Total Energies Marketing Maroc is an international oil and gas company. It is engaged in trade of oil, shale and their derivatives, greasy substances, simple or compound of mineral or organic origin, essential oils and all by-products of the materials. It engages in research, exploitation of oil fields, the acquisition of interests in existing companies, the purchase and sale of crude oil and finished products, and all industrial, mining, commercial, financial and real estate development.

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