Tingo (TMNA) Interest Expense : $-0.6 Mil (TTM As of Jun. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Tingo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tingo's interest expense for the three months ended in Jun. 2023 was $ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.6 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. Tingo's Operating Income for the three months ended in Jun. 2023 was $ -11.2 Mil. Tingo's Interest Expense for the three months ended in Jun. 2023 was $ -0.3 Mil. Tingo 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.

Tingo Interest Expense Historical Data

The historical data trend for Tingo'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.

Tingo Interest Expense Chart

Tingo Annual Data

Trend

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-0.03

-0.87

-0.93

Tingo Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.04	-	-0.29	-0.30

Tingo 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.6 Mil.

Tingo (OTCPK:TMNA) 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.

Tingo's Interest Expense for the three months ended in Jun. 2023 was $-0.3 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-11.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.0 Mil.

Tingo's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Tingo did not have earnings to cover the interest expense.

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

Tingo (TMNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tingo Inc (OTCPK:TMNA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

11650 South State Street, Suite 240, Draper, UT, USA, 84020

Website

https://www.tingoinc.com

Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. The ecosystem provides a 'one-stop-shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from 'seed to sale'.

Executives

Dozy Mmobousi	director, 10 percent owner, officer: CEO	BRICKFIELD, RADLETT X0 WD7 8BS
Christophe Charlier	director	7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040
Rory Bowen	officer: Chief of Staff	APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN
Daksheshkumar B Patel	director, officer: CFO	APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196
Leslie Nabanya Kasumba	director	199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191
Kenneth I Denos	officer: EVP, Genl Counsel & Secy	10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Onyekachi Elochukwu Onubogu	director	14 A DASILVA ROAD, LAGOS Q5 101222
Christopher John Cleverly	director, officer: President	60 THE GREEN, POULSHOT DEVICES X0 5N101RT
Derrick Randall-emeka	director	21 MILESPIT HILL, MILL HILL X0 NW7 2PJ
Adewale Adebayo	director	1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241
Alex Lightman	director	3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832
John J Brown	director	1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380
Zoliwe Macanda-simbodyal	director	29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ
Gurjinder Johal	director	301 EAST 21ST, #13B, NEW YORK NY 10010
Tingo, Inc.	10 percent owner	11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020