Sumitomo Rubber Industries (TSE:5110) Interest Expense : 円-16,203 Mil (TTM As of Mar. 2024)

View and export this data going back to 1975. Start your Free Trial

What is Sumitomo Rubber Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sumitomo Rubber Industries's interest expense for the three months ended in Mar. 2024 was 円 -1,715 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-16,203 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 Rubber Industries's Operating Income for the three months ended in Mar. 2024 was 円 20,696 Mil. Sumitomo Rubber Industries's Interest Expense for the three months ended in Mar. 2024 was 円 -1,715 Mil. Sumitomo Rubber Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 12.07. 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 Rubber Industries Interest Expense Historical Data

The historical data trend for Sumitomo Rubber Industries'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 Rubber Industries Interest Expense Chart

Sumitomo Rubber Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-7,988.00

-10,733.00

-6,289.00

-4,041.00

-13,705.00

Sumitomo Rubber Industries 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															-1,763.00	-1,798.00	-4,186.00	-8,504.00	-1,715.00

Sumitomo Rubber Industries 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-16,203 Mil.

Sumitomo Rubber Industries (TSE:5110) 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.

Sumitomo Rubber Industries's Interest Expense for the three months ended in Mar. 2024 was 円-1,715 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円20,696 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円184,610 Mil.

Sumitomo Rubber Industries'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	*	20696	/	-1715
	=	12.07

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

Sumitomo Rubber Industries (TSE:5110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Rubber Industries Ltd (TSE:5110) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SMTUF:USA 108:Germany

Address

3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072

Website

http://www.srigroup.co.jp

Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

Sumitomo Rubber Industries (TSE:5110) Headlines

No Headlines