Bridgestone (Bridgestone) Interest Expense

: $-547 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bridgestone's interest expense for the three months ended in Dec. 2023 was $ -200 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-547 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. Bridgestone's Operating Income for the three months ended in Dec. 2023 was $ 736 Mil. Bridgestone's Interest Expense for the three months ended in Dec. 2023 was $ -200 Mil. Bridgestone's Interest Coverage for the quarter that ended in Dec. 2023 was 3.68. 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.

Bridgestone Interest Expense Historical Data

The historical data trend for Bridgestone'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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Bridgestone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-259.61

-228.51

-142.48

-310.55

-544.14

Bridgestone Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-165.64	-75.20	-95.91	-175.66	-199.80

Bridgestone 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 quarterly data reported by the company within the most recent 12 months, which was $-547 Mil.

Bridgestone (OTCPK:BRDCY) 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.

Bridgestone's Interest Expense for the three months ended in Dec. 2023 was $-200 Mil. Its Operating Income for the three months ended in Dec. 2023 was $736 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,548 Mil.

Bridgestone'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	*	736.067	/	-199.797
	=	3.68

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

Bridgestone (Bridgestone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bridgestone Corp (OTCPK:BRDCY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

5108:Japan BGT:Germany

Address

1-1-3 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8340

Website

http://www.bridgestone.co.jp

Bridgestone Corp is engaged in developing, manufacturing and marketing tires and diversified products. The company manufactures tires and tubes for passenger cars, trucks and buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles and scooters and others. Its tire operations include retread business, automotive maintenance and repairs, retail business and raw material supplies, as well as tire development, manufacturing, and marketing. Bridgestone also provides diversified products that include, industrial products, chemical products, automotive components, construction materials, electronic equipment, bicycles, and sporting goods.

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