GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Electric Glass Co Ltd (TSE:5214) » Definitions » Interest Expense

Nippon Electric Glass Co (TSE:5214) Interest Expense : 円-1,271 Mil (TTM As of Mar. 2024)


View and export this data going back to 1973. Start your Free Trial

What is Nippon Electric Glass Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Electric Glass Co's interest expense for the three months ended in Mar. 2024 was 円 -268 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-1,271 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. Nippon Electric Glass Co's Operating Income for the three months ended in Mar. 2024 was 円 766 Mil. Nippon Electric Glass Co's Interest Expense for the three months ended in Mar. 2024 was 円 -268 Mil. Nippon Electric Glass Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.86. 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.

Nippon Electric Glass Co Interest Expense Historical Data

The historical data trend for Nippon Electric Glass 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.

Nippon Electric Glass Co Interest Expense Chart

Nippon Electric Glass Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -695.00 -587.00 -504.00 -925.00 -1,268.00

Nippon Electric Glass 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 -265.00 -187.00 -516.00 -300.00 -268.00

Nippon Electric Glass 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-1,271 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.

Nippon Electric Glass Co  (TSE:5214) 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.

Nippon Electric Glass Co's Interest Expense for the three months ended in Mar. 2024 was 円-268 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円766 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円69,290 Mil.

Nippon Electric Glass Co'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*766/-268
=2.86

* 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.

Nippon Electric Glass Co (TSE:5214) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Electric Glass Co Ltd (TSE:5214) » Definitions » Interest Expense
Comparable Companies
TSE:6807 TSE:6770 TSE:4980 TSE:5344 TSE:4186 TSE:6740 TSE:6754 TSE:2760 TSE:7433 TSE:6976 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
NPG:Germany
Address
7-1, Seiran 2-chome, Shiga, Otsu, JPN, 520-8639
Website
http://www.neg.co.jp
Nippon Electric Glass Co., Ltd. is in the business of production and sale of glass products and glassmaking machinery. Its business is divided into two categories Electronics and Information Technology and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber and building materials. The company generates most of the sales from electronics and information technology category.

Nippon Electric Glass Co (TSE:5214) Headlines

No Headlines