Showangyo Co (TSE:2004) Interest Expense : 円-207 Mil (TTM As of Dec. 2023)

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What is Showangyo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Showangyo Co's interest expense for the three months ended in Dec. 2023 was 円 -51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-207 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. Showangyo Co's Operating Income for the three months ended in Dec. 2023 was 円 3,966 Mil. Showangyo Co's Interest Expense for the three months ended in Dec. 2023 was 円 -51 Mil. Showangyo Co's Interest Coverage for the quarter that ended in Dec. 2023 was 77.76. 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.

Showangyo Co Interest Expense Historical Data

The historical data trend for Showangyo 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.

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Showangyo Co Interest Expense Chart

Showangyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-170.00

-190.00

-228.00

-214.00

-207.00

Showangyo 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															-54.00	-51.00	-49.00	-51.00	-56.00

Showangyo 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-207 Mil.

Showangyo Co (TSE:2004) 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.

Showangyo Co's Interest Expense for the three months ended in Dec. 2023 was 円-51 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,966 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円25,300 Mil.

Showangyo Co'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	*	3966	/	-51
	=	77.76

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

Showangyo Co (TSE:2004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Showa Sangyo Co Ltd (TSE:2004) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kamakuragashi Building, 2-2-1,Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-8521

Website

http://www.showa-sangyo.co.jp

Showa Sangyo Co Ltd is a comprehensive food manufacturer that operates businesses in flour milling, vegetable oils, starches, sweeteners, and other food items. Based out of Asia, it processes imported raw materials to make seasonings, beverages, frozen foods, and other ready-to-eat products. The products are distributed to retailers and other wholesalers to help provide a diversified reach. Additional sources of income come from warehousing and real estate. It owns large silos to store grain for internal use and to supply other manufacturers. The real estate division develops commercial facilities and leases office buildings and acreage.

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