Takara Holdings (FRA:TAX) Interest Expense : €-3 Mil (TTM As of Dec. 2023)

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What is Takara Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Takara Holdings's interest expense for the three months ended in Dec. 2023 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-3 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. Takara Holdings's Operating Income for the three months ended in Dec. 2023 was € 34 Mil. Takara Holdings's Interest Expense for the three months ended in Dec. 2023 was € -1 Mil. Takara Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 45.81. 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.

Takara Holdings Interest Expense Historical Data

The historical data trend for Takara Holdings'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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Takara Holdings Interest Expense Chart

Takara Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-3.39

-2.66

-2.53

-2.26

-2.76

Takara Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.62	-0.59	-0.59	-0.74	-0.92

Takara Holdings 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 €-3 Mil.

Takara Holdings (FRA:TAX) 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.

Takara Holdings's Interest Expense for the three months ended in Dec. 2023 was €-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was €34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €162 Mil.

Takara Holdings'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	*	33.857	/	-0.739
	=	45.81

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

Takara Holdings (FRA:TAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Takara Holdings Inc (FRA:TAX) » Definitions » Interest Expense

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2531:Japan

Address

20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688

Website

http://www.takara.co.jp

Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

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