Sinko Industries (TSE:6458) Interest Expense : 円-23 Mil (TTM As of Dec. 2023)

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What is Sinko Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinko Industries's interest expense for the three months ended in Dec. 2023 was 円 -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-23 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. Sinko Industries's Operating Income for the three months ended in Dec. 2023 was 円 2,827 Mil. Sinko Industries's Interest Expense for the three months ended in Dec. 2023 was 円 -5 Mil. Sinko Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 565.40. 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.

Sinko Industries Interest Expense Historical Data

The historical data trend for Sinko 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.

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Sinko Industries Interest Expense Chart

Sinko Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-19.00

-15.00

-27.00

-29.00

-26.00

Sinko Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-6.00	-7.00	-5.00	-6.00	-5.00

Sinko 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-23 Mil.

Sinko Industries (TSE:6458) 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.

Sinko Industries's Interest Expense for the three months ended in Dec. 2023 was 円-5 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円2,827 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円1,690 Mil.

Sinko Industries's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2827	/	-5
	=	565.40

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. Sinko Industries Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Sinko Industries (TSE:6458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sinko Industries Ltd (TSE:6458) » Definitions » Interest Expense

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Address

1-4-5 Minamimori-machi, Kita-ku, Osaka, JPN, 5300054

Website

https://www.sinko.co.jp

Sinko Industries Ltd manufactures and sells air-conditioning equipment. Its product offerings include heat pump air conditioner, fan coil unit (FCU), unit heater, air terminal unit, air clinic, among others. Sinko goods can be applied in hospital, office, factory, warehouse, hotel, data center, airports, commercial facilities and government buildings. The company has the global market presence and sells its products in Japan and overseas markets including Australia, Bangladesh, Bahrain, India, Indonesia, Kuwait, Singapore, Thailand, United Arab Emirates and Vietnam.

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