Toosla (XPAR:ALTOO) Interest Expense : €-1.08 Mil (TTM As of Dec. 2023)

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What is Toosla Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toosla's interest expense for the six months ended in Dec. 2023 was € -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.08 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. Toosla's Operating Income for the six months ended in Dec. 2023 was € -1.54 Mil. Toosla's Interest Expense for the six months ended in Dec. 2023 was € -0.48 Mil. Toosla 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.

Toosla Interest Expense Historical Data

The historical data trend for Toosla'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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Toosla Interest Expense Chart

Toosla Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.05

-0.31

-0.63

-0.75

-1.08

Toosla Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.30	-0.32	-0.44	-0.60	-0.48

Toosla 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 €-1.08 Mil.

Toosla (XPAR:ALTOO) 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.

Toosla's Interest Expense for the six months ended in Dec. 2023 was €-0.48 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-1.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €15.51 Mil.

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

Toosla did not have earnings to cover the interest expense.

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

Toosla (XPAR:ALTOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Toosla SA (XPAR:ALTOO) » Definitions » Interest Expense

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Address

24 Rue des Compagnons, Cormontreuil, FRA, 51350

Website

https://www.toosla.com

Toosla SA is specialized in short-term rental of vehicles. The company's business activity is carried out over a mobile platform that lets users rent vehicles online without going through an agency, and have their vehicle delivered to their home or pick it up at any time at one of the company's approved stations.

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