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TPL (KAR:TPL) Interest Expense : ₨ Mil (TTM As of . 20)


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What is TPL Interest Expense?

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


TPL Interest Expense Historical Data

The historical data trend for TPL'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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TPL Interest Expense Chart

TPL Annual Data
Trend
Interest Expense

TPL Quarterly Data
Interest Expense

TPL Interest Expense Calculation

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


TPL  (KAR:TPL) 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.

TPL's Interest Expense for the three months ended in . 20 was ₨0.00 Mil. Its Operating Income for the three months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₨0.00 Mil.

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

TPL 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.


TPL (KAR:TPL) Business Description

Traded in Other Exchanges
N/A
Address
Abdul Sattar Edhi Avenue, Sky Tower – East Wing, 20th Floor, HC-3, Block 4, Clifton, Dolmen City, Karachi, SD, PAK
TPL Corp Ltd is a company involved in vehicle tracking and fleet management services. The company operates its business through four segments including Tracking and other digital services segment which relates to installation and sales of tracking devices; Insurance segment including activities relating to general and life insurance business; Real estate and related services segment including premises given on rent and its related maintenance and All other segments including investments in Group company's security services and roadside assistance services.