Precision Air Services (DAR:PAL) Interest Expense : TZS Mil (TTM As of . 20)

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What is Precision Air Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Precision Air Services's interest expense for the six months ended in . 20 was TZS 0.00 Mil. Precision Air Services 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. Precision Air Services's Operating Income for the six months ended in . 20 was TZS 0.00 Mil. Precision Air Services's Interest Expense for the six months ended in . 20 was TZS 0.00 Mil. Precision Air Services 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.

Precision Air Services Interest Expense Historical Data

The historical data trend for Precision Air Services'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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Precision Air Services Interest Expense Chart

Precision Air Services Annual Data

Trend

Interest Expense

Precision Air Services Semi-Annual Data

Interest Expense

Precision Air Services Interest Expense Calculation

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

Precision Air Services (DAR:PAL) 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.

Precision Air Services's Interest Expense for the six months ended in . 20 was TZS0.00 Mil. Its Operating Income for the six months ended in . 20 was TZS0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was TZS0.00 Mil.

Precision Air Services's Interest Coverage for the quarter that ended in . 20 is calculated as

Precision Air Services had no long-term debt ⁽¹⁾.

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

Precision Air Services (DAR:PAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Precision Air Services PLC (DAR:PAL) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Mirambo Street/Samora Avenue, P.O. Box 70770, Diamond Plaza, 1st Floor, Plot no 162/38, Dar-es-Salaam, TZA

Website

https://www.precisionairtz.com

Precision Air Services PLC operates an airline in Tanzania. The company facilitates domestic travel within Tanzania and regional travel within East Africa.

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