Toyo Seikan Group Holdings (FRA:TQN) Interest Expense : €-22 Mil (TTM As of Dec. 2023)

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

What is Toyo Seikan Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toyo Seikan Group Holdings's interest expense for the three months ended in Dec. 2023 was € -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-22 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. Toyo Seikan Group Holdings's Operating Income for the three months ended in Dec. 2023 was € 77 Mil. Toyo Seikan Group Holdings's Interest Expense for the three months ended in Dec. 2023 was € -5 Mil. Toyo Seikan Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 14.88. 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.

Toyo Seikan Group Holdings Interest Expense Historical Data

The historical data trend for Toyo Seikan Group 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.

* Premium members only.

Toyo Seikan Group Holdings Interest Expense Chart

Toyo Seikan Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-11.80

-7.52

-6.00

-9.78

-21.59

Toyo Seikan Group 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															-4.21	-3.77	-6.23	-5.20	-6.99

Toyo Seikan Group 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 €-22 Mil.

Toyo Seikan Group Holdings (FRA:TQN) 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.

Toyo Seikan Group Holdings's Interest Expense for the three months ended in Dec. 2023 was €-5 Mil. Its Operating Income for the three months ended in Dec. 2023 was €77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €839 Mil.

Toyo Seikan Group 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	*	77.337	/	-5.197
	=	14.88

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

Toyo Seikan Group Holdings (FRA:TQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Toyo Seikan Group Holdings Ltd (FRA:TQN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

5901:Japan

Address

2-18-1 Higashi-Gotanda, Osaki Forest Building, Shinagawa-ku, Tokyo, JPN, 141-8640

Website

http://www.toyo-seikan.co.jp

Toyo Seikan Group Holdings is a holding company that, through its subsidiaries, manufactures and sells packaging, steel plates, functional materials, and packaging machinery. The company also has a logistics business that engages in motor truck transportation and warehouse operations, as well as a real estate business. The vast majority of revenue comes from the firm's packaging business, which sells metal cans, plastic containers, caps, bottles, paper containers, and aerosol products. The packaging business also sells equipment that shapes and manufactures packaging products. The vast majority of revenue comes from Japan.

Toyo Seikan Group Holdings (FRA:TQN) Headlines

No Headlines