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Toyo Asano Foundation Co (TSE:5271) Interest Expense : 円-50 Mil (TTM As of Feb. 2024)


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What is Toyo Asano Foundation Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toyo Asano Foundation Co's interest expense for the three months ended in Feb. 2024 was 円 -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-50 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. Toyo Asano Foundation Co's Operating Income for the three months ended in Feb. 2024 was 円 134 Mil. Toyo Asano Foundation Co's Interest Expense for the three months ended in Feb. 2024 was 円 -12 Mil. Toyo Asano Foundation Co's Interest Coverage for the quarter that ended in Feb. 2024 was 11.42. 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.


Toyo Asano Foundation Co Interest Expense Historical Data

The historical data trend for Toyo Asano Foundation 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.

Toyo Asano Foundation Co Interest Expense Chart

Toyo Asano Foundation Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -65.52 -56.89 -56.28 -53.63 -49.62

Toyo Asano Foundation Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -12.54 -13.06 -12.30 -12.49 -11.77

Toyo Asano Foundation 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-50 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.


Toyo Asano Foundation Co  (TSE:5271) 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.

Toyo Asano Foundation Co's Interest Expense for the three months ended in Feb. 2024 was 円-12 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円134 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円4,045 Mil.

Toyo Asano Foundation Co'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*134.411/-11.768
=11.42

* 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.


Toyo Asano Foundation Co (TSE:5271) Business Description

Traded in Other Exchanges
N/A
Address
315-2 Ichihara, Shizuoka Prefecture, Numazu, JPN, 410-0312
Toyo Asano Foundation Co Ltd is a Japan-based company engages in the manufacture and sale of concrete piles including fiberglass-reinforced concrete products.

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