Econet Wireless Zimbabwe (XZIM:ECO.ZW) Interest Expense : ZWL-209,091 Mil (TTM As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is Econet Wireless Zimbabwe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Econet Wireless Zimbabwe's interest expense for the six months ended in Feb. 2024 was ZWL -187,032 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was ZWL-209,091 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. Econet Wireless Zimbabwe's Operating Income for the six months ended in Feb. 2024 was ZWL 5,734,238 Mil. Econet Wireless Zimbabwe's Interest Expense for the six months ended in Feb. 2024 was ZWL -187,032 Mil. Econet Wireless Zimbabwe's Interest Coverage for the quarter that ended in Feb. 2024 was 30.66. 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.

Econet Wireless Zimbabwe Interest Expense Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

* Premium members only.

Econet Wireless Zimbabwe Interest Expense Chart

Econet Wireless Zimbabwe Annual Data

Trend

Feb09

Feb11

Feb12

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

Get a 7-Day Free Trial

-874.32

-690.61

-2,825.91

-140,331.00

-209,091.00

Econet Wireless Zimbabwe Semi-Annual Data
	Feb11	Aug11	Feb12	Aug12	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial											-1,574.19	-4,907.00	-135,424.00	-22,059.00	-187,032.00

Econet Wireless Zimbabwe 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL-209,091 Mil.

Econet Wireless Zimbabwe (XZIM:ECO.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.

Econet Wireless Zimbabwe's Interest Expense for the six months ended in Feb. 2024 was ZWL-187,032 Mil. Its Operating Income for the six months ended in Feb. 2024 was ZWL5,734,238 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was ZWL404,995 Mil.

Econet Wireless Zimbabwe's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	5734238	/	-187032
	=	30.66

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

Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Econet Wireless Zimbabwe Ltd (XZIM:ECO.ZW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE

Website

http://www.econet.co.zw

Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

Econet Wireless Zimbabwe (XZIM:ECO.ZW) Headlines

No Headlines