GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (OTCPK:FRCOF) » Definitions » Interest Expense

Fast Retailing Co (Fast Retailing Co) Interest Expense : $-67 Mil (TTM As of Feb. 2024)


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

What is Fast Retailing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fast Retailing Co's interest expense for the three months ended in Feb. 2024 was $ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-67 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. Fast Retailing Co's Operating Income for the three months ended in Feb. 2024 was $ 736 Mil. Fast Retailing Co's Interest Expense for the three months ended in Feb. 2024 was $ -17 Mil. Fast Retailing Co's Interest Coverage for the quarter that ended in Feb. 2024 was 44.30. 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.

Fast Retailing Co Interest Expense Historical Data

The historical data trend for Fast Retailing Co'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.

Fast Retailing Co Interest Expense Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -164.62 -72.70 -63.70 -55.88 -68.30

Fast Retailing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -61.54 -17.34 -16.82 -16.54 -16.61

Fast Retailing Co 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 quarterly data reported by the company within the most recent 12 months, which was $-67 Mil.

* 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.

Fast Retailing Co  (OTCPK:FRCOF) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Fast Retailing Co's Interest Expense for the three months ended in Feb. 2024 was $-17 Mil. Its Operating Income for the three months ended in Feb. 2024 was $736 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $2,263 Mil.

Fast Retailing Co'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*735.755/-16.609
=44.30

* 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.

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

Fast Retailing Co (Fast Retailing Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (OTCPK:FRCOF) » Definitions » Interest Expense
Comparable Companies
TSE:2670 TSE:8227 TSE:7564 TSE:2726 TSE:8214 TSE:8219 TSE:7606 TSE:2792 TSE:9837 TSE:8185 XMAD:ITX TJX LULU ROST LSE:NXT BOM:500251 BURL LSE:JD. GPS HKSE:06110
Traded in Other Exchanges
FRCOY:USA 9983:Japan 06288:Hong Kong FR7H:Germany
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Website
https://www.fastretailing.com
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (Fast Retailing Co) Headlines

From GuruFocus

Matthews Japan Fund Picks Up 6 Stocks

By Sydnee Gatewood Sydnee Gatewood • 05-06-2020

T. Rowe Price Japan Comments on Fast Retailing

By Sydnee Gatewood • 06-21-2021

Hennessy Funds Commentary: The Impact of Coronavirus on Japan's Economy and Market

By Sydnee Gatewood Sydnee Gatewood • 06-05-2020

T. Rowe Price Japan Fund Slashes Portfolio in 1st Quarter

By Graham Griffin Graham Griffin • 04-16-2021

The Top 1st-Quarter Buys of the Matthews Japan Fund

By Margaret Moran • 05-02-2023

UNIQLO Creates Over 1,000-Square-Meter 'LifeScape' Booth for China International Import Expo 2023

By ACN Newswire • 11-06-2023

Hennessy Japan Fund Buys Fast Retailing in 3rd Quarter

By Holly LaFon Holly LaFon • 10-04-2017

Hennessy Japan Fund Invests in Fast Retailing

By Sydnee Gatewood Sydnee Gatewood • 10-03-2017