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Tanga Cement Co (DAR:TCCL) Interest Expense : TZS Mil (TTM As of . 20)


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What is Tanga Cement Co Interest Expense?

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


Tanga Cement Co Interest Expense Historical Data

The historical data trend for Tanga Cement Co'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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Tanga Cement Co Interest Expense Chart

Tanga Cement Co Annual Data
Trend
Interest Expense

Tanga Cement Co Semi-Annual Data
Interest Expense

Tanga Cement Co Interest Expense Calculation

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


Tanga Cement Co  (DAR:TCCL) 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.

Tanga Cement Co'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.

Tanga Cement Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Tanga Cement Co 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.


Tanga Cement Co (DAR:TCCL) Business Description

Comparable Companies
Traded in Other Exchanges
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Address
Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.

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