JSR (JSCPY) Interest Expense : $-54 Mil (TTM As of Dec. 2023)

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What is JSR Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JSR's interest expense for the three months ended in Dec. 2023 was $ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-54 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. JSR's Operating Income for the three months ended in Dec. 2023 was $ 109 Mil. JSR's Interest Expense for the three months ended in Dec. 2023 was $ -28 Mil. JSR's Interest Coverage for the quarter that ended in Dec. 2023 was 3.86. 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.

JSR Interest Expense Historical Data

The historical data trend for JSR'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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JSR Interest Expense Chart

JSR Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-12.16

-20.29

-16.04

-13.96

-22.80

JSR Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-29.22	-4.37	-11.69	-9.44	-28.16

JSR 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 $-54 Mil.

JSR (OTCPK:JSCPY) 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.

JSR's Interest Expense for the three months ended in Dec. 2023 was $-28 Mil. Its Operating Income for the three months ended in Dec. 2023 was $109 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $642 Mil.

JSR'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	*	108.549	/	-28.156
	=	3.86

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. JSR Corp interest coverage is 1.29, which is low.

JSR (JSCPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » JSR Corp (OTCPK:JSCPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

JSCPF:USA 4185:Japan JYR:Germany

Address

1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640

Website

http://www.jsr.co.jp

JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

JSR (JSCPY) Headlines

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Q1 2024 JSR Corp Earnings Presentation Transcript

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