Trucknet Enterprise (XTAE:TRAN) Interest Expense : ₪ Mil (TTM As of . 20)

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What is Trucknet Enterprise Interest Expense?

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

Trucknet Enterprise Interest Expense Historical Data

The historical data trend for Trucknet Enterprise'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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Trucknet Enterprise Interest Expense Chart

Trucknet Enterprise Annual Data

Trend

Interest Expense

Trucknet Enterprise Semi-Annual Data

Interest Expense

Trucknet Enterprise Interest Expense Calculation

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

Trucknet Enterprise (XTAE:TRAN) 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.

Trucknet Enterprise's Interest Expense for the six months ended in . 20 was ₪0.00 Mil. Its Operating Income for the six months ended in . 20 was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₪0.00 Mil.

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

Trucknet Enterprise had no long-term debt ⁽¹⁾.

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

Trucknet Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trucknet Enterprise Ltd (XTAE:TRAN) » Definitions » Interest Expense

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Address

Park Amtal, 2, Eilat, ISR, 88000

Website

https://www.trucknet.io

Trucknet Enterprise Ltd provides fleet management companies with cloud-based transport optimization platform that delivers smart freight exchange to improve efficiency and profitability while reducing environmental impact. The system consists of the following components: the Trucknet platform that automatically matches empty vehicles to subcontractor requests from other companies, TMS is an internal schedule software for transportation companies, Driver Interface which is a mobile application for the driver, Tracker that is a mobile application for end-to-end delivery, currently in development, Trucknet Telematics which is a central interface for different telematics systems, in development.

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