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Nippon Dry-Chemical Co (TSE:1909) Interest Expense : 円-114 Mil (TTM As of Mar. 2024)


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What is Nippon Dry-Chemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Dry-Chemical Co's interest expense for the three months ended in Mar. 2024 was 円 -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-114 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. Nippon Dry-Chemical Co's Operating Income for the three months ended in Mar. 2024 was 円 1,546 Mil. Nippon Dry-Chemical Co's Interest Expense for the three months ended in Mar. 2024 was 円 -35 Mil. Nippon Dry-Chemical Co's Interest Coverage for the quarter that ended in Mar. 2024 was 44.26. 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.


Nippon Dry-Chemical Co Interest Expense Historical Data

The historical data trend for Nippon Dry-Chemical 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.

Nippon Dry-Chemical Co Interest Expense Chart

Nippon Dry-Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.56 -222.00 -98.51 -101.94 -113.54

Nippon Dry-Chemical Co 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 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 -33.95 -31.62 -26.67 -20.31 -34.93

Nippon Dry-Chemical 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-114 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.


Nippon Dry-Chemical Co  (TSE:1909) 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.

Nippon Dry-Chemical Co's Interest Expense for the three months ended in Mar. 2024 was 円-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円1,546 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円2,958 Mil.

Nippon Dry-Chemical Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1546.168/-34.934
=44.26

* 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.


Nippon Dry-Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
2-3-1,Daiba,Minato-ku, Tokyo, JPN
Nippon Dry-Chemical Co Ltd designs, manufactures, sells, and installs fire extinguishing equipment, fire engines and security systems in Japan. The company offers sprinkler systems; drencher equipment; sprinkler systems for apartment buildings; automatic fire alarm systems; water ejector sprinkler systems; indoor/outdoor hydrants; tunnel disaster prevention systems; and consolidated water pipes among other products.

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