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TOL Gases (DAR:TOL) Interest Expense : TZS Mil (TTM As of . 20)


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What is TOL Gases Interest Expense?

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


TOL Gases Interest Expense Historical Data

The historical data trend for TOL Gases'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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TOL Gases Interest Expense Chart

TOL Gases Annual Data
Trend
Interest Expense

TOL Gases Semi-Annual Data
Interest Expense

TOL Gases Interest Expense Calculation

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


TOL Gases  (DAR:TOL) 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.

TOL Gases'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.

TOL Gases's Interest Coverage for the quarter that ended in . 20 is calculated as

TOL Gases 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.


TOL Gases (DAR:TOL) Business Description

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Traded in Other Exchanges
N/A
Address
4B Nyerere Road, P.O. Box 911, Plot No. 4, Dar es Salaam, TZA
TOL Gases Ltd is engaged in the manufacture and distribution of industrial gases, welding equipment, and medical gases, among others. It offers products such as oxygen, compressed air, argon, nitrogen, and ammonia.