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Swala Oil & Gas (Tanzania) (DAR:SWALA) Interest Expense : TZS Mil (TTM As of . 20)


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What is Swala Oil & Gas (Tanzania) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swala Oil & Gas (Tanzania)'s interest expense for the six months ended in . 20 was TZS 0.00 Mil. Swala Oil & Gas (Tanzania) 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. Swala Oil & Gas (Tanzania)'s Operating Income for the six months ended in . 20 was TZS 0.00 Mil. Swala Oil & Gas (Tanzania)'s Interest Expense for the six months ended in . 20 was TZS 0.00 Mil. Swala Oil & Gas (Tanzania) 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.


Swala Oil & Gas (Tanzania) Interest Expense Historical Data

The historical data trend for Swala Oil & Gas (Tanzania)'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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Swala Oil & Gas (Tanzania) Interest Expense Chart

Swala Oil & Gas (Tanzania) Annual Data
Trend
Interest Expense

Swala Oil & Gas (Tanzania) Semi-Annual Data
Interest Expense

Swala Oil & Gas (Tanzania) Interest Expense Calculation

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


Swala Oil & Gas (Tanzania)  (DAR:SWALA) 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.

Swala Oil & Gas (Tanzania)'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.

Swala Oil & Gas (Tanzania)'s Interest Coverage for the quarter that ended in . 20 is calculated as

Swala Oil & Gas (Tanzania) had no long-term debt (1).

* 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.


Swala Oil & Gas (Tanzania) (DAR:SWALA) Business Description

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Traded in Other Exchanges
N/A
Address
Haile Selassie Road, 2nd Floor, Oyster Plaza, P.O. Box 105266, Plot No. 1196 - Oysterbay, Dar es Salaam, TZA
Swala Oil & Gas (Tanzania) PLC is an oil and gas company. The company is engaged in the exploration of oil and gas reserves with assets in Tanzania and Burundi and an active growth programme in both Africa and elsewhere. Its current exploration licences are the Kilosa-Kilombero licence in Tanzania and Block D in Burundi.

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