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Sodick Co (TSE:6143) Interest Expense : 円-339 Mil (TTM As of Mar. 2024)


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What is Sodick Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sodick Co's interest expense for the three months ended in Mar. 2024 was 円 -91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-339 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. Sodick Co's Operating Income for the three months ended in Mar. 2024 was 円 -781 Mil. Sodick Co's Interest Expense for the three months ended in Mar. 2024 was 円 -91 Mil. Sodick 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.


Sodick Co Interest Expense Historical Data

The historical data trend for Sodick 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.

Sodick Co Interest Expense Chart

Sodick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -285.00 -285.00 -327.00 -301.00 -317.00

Sodick 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 -69.00 -79.00 -80.00 -89.00 -91.00

Sodick 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-339 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.


Sodick Co  (TSE:6143) 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.

Sodick Co's Interest Expense for the three months ended in Mar. 2024 was 円-91 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円-781 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円24,054 Mil.

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

Sodick 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.


Sodick Co (TSE:6143) Business Description

Traded in Other Exchanges
N/A
Address
3-12-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8522
Sodick Co Ltd is the manufacturer of electrical discharge machines (EDM). The company operates through three segments namely Machine tools operations, Industrial machinery operations, and Food processing machinery operations. It offers various machine tools products such as die-sinker, wire-cut, and small-hole drilling EDMs, horizontal injection molding machine, noodle producing the machine, powder mill, linear motor and linear motor drivers and many more.

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