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National Enterprises (TRN:NEL) Interest Expense : TTD Mil (TTM As of . 20)


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What is National Enterprises Interest Expense?

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


National Enterprises Interest Expense Historical Data

The historical data trend for National Enterprises'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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National Enterprises Interest Expense Chart

National Enterprises Annual Data
Trend
Interest Expense

National Enterprises Semi-Annual Data
Interest Expense

National Enterprises Interest Expense Calculation

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


National Enterprises  (TRN:NEL) 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.

National Enterprises's Interest Expense for the six months ended in . 20 was TTD0.00 Mil. Its Operating Income for the six months ended in . 20 was TTD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was TTD0.00 Mil.

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

National Enterprises 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.


National Enterprises (TRN:NEL) Business Description

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Traded in Other Exchanges
N/A
Address
Level 15, Tower D, Wrightson Road, International Waterfront Centre, Port of Spain, TTO
National Enterprises Ltd is an investment holding company operating on behalf of the Government of the Republic of Trinidad and Tobago. The company's industries include natural gas and energy-based manufacturing, telecommunications, and food production.

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