Trans Nationwide Express (NSA:TRN) Interest Expense : ₦ Mil (TTM As of . 20)

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What is Trans Nationwide Express Interest Expense?

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

Trans Nationwide Express Interest Expense Historical Data

The historical data trend for Trans Nationwide Express'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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Trans Nationwide Express Interest Expense Chart

Trans Nationwide Express Annual Data

Trend

Interest Expense

Trans Nationwide Express Quarterly Data

Interest Expense

Trans Nationwide Express Interest Expense Calculation

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

Trans Nationwide Express (NSA:TRN) 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.

Trans Nationwide Express'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.

Trans Nationwide Express's Interest Coverage for the quarter that ended in . 20 is calculated as

Trans Nationwide Express had no long-term debt ⁽¹⁾.

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

Trans Nationwide Express (NSA:TRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Trans Nationwide Express PLC (NSA:TRN) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

28, Oshodi Apapa Expressway, Oshodi, Lagos, NGA

Website

https://www.tranex-ng.com

Trans Nationwide Express PLC is a Logistics company engaged in domestic and International Express delivery, haulage, freight and other ancillary transportation and storage services. The company's services include Warehousing, E-Commerce/Order Fulfillment, Haulage Services, Air/sea Freight, Mailroom Management, Tranex Dedicated Motorcycle Service, Express Delivery and Tranex Biopharm/Cold Chain Solutions.