Transmetro (ASX:TCO) Interest Expense : A$-0.70 Mil (TTM As of Dec. 2023)

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What is Transmetro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transmetro's interest expense for the six months ended in Dec. 2023 was A$ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.70 Mil.

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. Transmetro's Operating Income for the six months ended in Dec. 2023 was A$ 1.79 Mil. Transmetro's Interest Expense for the six months ended in Dec. 2023 was A$ -0.44 Mil. Transmetro's Interest Coverage for the quarter that ended in Dec. 2023 was 4.07. 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.

Transmetro Interest Expense Historical Data

The historical data trend for Transmetro'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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Transmetro Interest Expense Chart

Transmetro Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.53

-0.58

-0.35

-0.24

-0.36

Transmetro Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.14	-0.10	-0.26	-0.44

Transmetro Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.70 Mil.

Transmetro (ASX:TCO) 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.

Transmetro's Interest Expense for the six months ended in Dec. 2023 was A$-0.44 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$1.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$10.64 Mil.

Transmetro's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1.792	/	-0.44
	=	4.07

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

Transmetro (ASX:TCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Transmetro Corp Ltd (ASX:TCO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

330 Wattle Street, Ultimo, Suite 53, Level 3, Sydney, NSW, AUS, 2007

Website

https://www.metrohotels.com.au

Transmetro Corp Ltd provides lodging services. The firm is managed on the basis of service offerings. The business operating segments include hotels, inns, serviced apartments, and theme pubs. It also operates a chain of Metro hotels through Metro Hospitality Group which is the trading division of the company. Its segments include Hotels, Inns & Apartments and Theme Pub. It derives substantial revenue from Hotels, Inns & Apartments segment.