CEL (TSE:5078) Interest Expense : 円-2 Mil (TTM As of Feb. 2024)

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What is CEL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CEL's interest expense for the three months ended in Feb. 2024 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-2 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. CEL's Operating Income for the three months ended in Feb. 2024 was 円 362 Mil. CEL's Interest Expense for the three months ended in Feb. 2024 was 円 -1 Mil. CEL's Interest Coverage for the quarter that ended in Feb. 2024 was 250.82. 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.

CEL Interest Expense Historical Data

The historical data trend for CEL'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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CEL Interest Expense Chart

CEL Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

-32.43

-21.35

-20.43

-1.20

-2.12

CEL Quarterly Data
	Feb20	Feb21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial							-0.25	-0.25	-0.21	-0.22	-1.44

CEL 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-2 Mil.

CEL (TSE:5078) 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.

CEL's Interest Expense for the three months ended in Feb. 2024 was 円-1 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円362 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円0 Mil.

CEL's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	361.937	/	-1.443
	=	250.82

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CEL Corp has enough cash to cover all of its debt. Its financial situation is stable.

CEL (TSE:5078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CEL Corp (TSE:5078) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

3-7-1 Kyobashi, Mutual Building 110 Tower 5th floor, Chuo-ku, Tokyo, JPN

Website

https://www.cel-co.com

CEL Corp is engaged in the rental housing business that provides apartment management proposals, apartment designs and apartment construction management services, rental housing development business, and rental management business entrusted with apartment management.

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