Axia (XZIM:AXIA.ZW) Interest Expense : ZWL Mil (TTM As of . 20)

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What is Axia Interest Expense?

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

Axia Interest Expense Historical Data

The historical data trend for Axia'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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Axia Interest Expense Chart

Axia Annual Data

Trend

Interest Expense

Axia Semi-Annual Data

Interest Expense

Axia Interest Expense Calculation

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

Axia (XZIM:AXIA.ZW) 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.

Axia's Interest Expense for the six months ended in . 20 was ZWL0.00 Mil. Its Operating Income for the six months ended in . 20 was ZWL0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ZWL0.00 Mil.

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

Axia had no long-term debt ⁽¹⁾.

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

Axia (XZIM:AXIA.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Axia Corp Ltd (XZIM:AXIA.ZW) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Corner 1st Street & Nelson Mandela Avenue, Andrew Lorimer, Edward Building, Harare, ZWE

Website

http://www.innscorafrica.com

Axia Corp Ltd operates within the retail and distribution sector with businesses across retail of household goods and appliances, retail of automotive goods and distribution of fast moving consumer goods. It has three operating business units, namely TV Sales and Home (TVSH) which is leading furniture and electronic appliance retailer, Transerv retails automotive spares and Distribution Group Africa (DGA) is a distribution and logistics concern, with operation in Zimbabwe, Zambia, and Malawi. The company generates the majority of its revenue from Zimbabwe operation through the sale of goods in Logistic and Distribution segment.

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