Ecomic Co (TSE:3802) Interest Expense : 円-1 Mil (TTM As of Dec. 2023)

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What is Ecomic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecomic Co's interest expense for the three months ended in Dec. 2023 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-1 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. Ecomic Co's Operating Income for the three months ended in Dec. 2023 was 円 339 Mil. Ecomic Co's Interest Expense for the three months ended in Dec. 2023 was 円 -1 Mil. Ecomic Co's Interest Coverage for the quarter that ended in Dec. 2023 was 543.35. 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.

Ecomic Co Interest Expense Historical Data

The historical data trend for Ecomic 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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Ecomic Co Interest Expense Chart

Ecomic Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.01

-0.09

-0.30

-0.68

Ecomic Co 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															-0.59	0.49	-0.29	-0.41	-0.62

Ecomic 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-1 Mil.

Ecomic Co (TSE:3802) 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.

Ecomic Co's Interest Expense for the three months ended in Dec. 2023 was 円-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円339 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円95 Mil.

Ecomic 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	*	338.51	/	-0.623
	=	543.35

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

Ecomic Co (TSE:3802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ecomic Co Ltd (TSE:3802) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042

Website

http://www.ecomic.jp

Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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