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Sumitomo Chemical Co (TSE:4005) Interest Expense : 円-77,191 Mil (TTM As of Mar. 2024)


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What is Sumitomo Chemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sumitomo Chemical Co's interest expense for the three months ended in Mar. 2024 was 円 -13,107 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-77,191 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. Sumitomo Chemical Co's Operating Income for the three months ended in Mar. 2024 was 円 -311,071 Mil. Sumitomo Chemical Co's Interest Expense for the three months ended in Mar. 2024 was 円 -13,107 Mil. Sumitomo Chemical Co did not have earnings to cover the interest expense. 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.


Sumitomo Chemical Co Interest Expense Historical Data

The historical data trend for Sumitomo 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.

Sumitomo Chemical Co Interest Expense Chart

Sumitomo 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 -20,215.00 -19,180.00 -23,061.00 -39,621.00 -46,963.00

Sumitomo 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 -8,019.00 -17,286.00 -10,029.00 -36,769.00 -13,107.00

Sumitomo 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-77,191 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.


Sumitomo Chemical Co  (TSE:4005) 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.

Sumitomo Chemical Co's Interest Expense for the three months ended in Mar. 2024 was 円-13,107 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円-311,071 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円977,581 Mil.

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

Sumitomo Chemical Co did not have earnings to cover the interest expense.

* 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.


Sumitomo Chemical Co (TSE:4005) Business Description

Traded in Other Exchanges
Address
27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260
Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.

Sumitomo Chemical Co (TSE:4005) Headlines

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