OPEN Group (TSE:6572) Interest Expense : 円-15 Mil (TTM As of Feb. 2024)

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What is OPEN Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OPEN Group's interest expense for the three months ended in Feb. 2024 was 円 -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-15 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. OPEN Group's Operating Income for the three months ended in Feb. 2024 was 円 179 Mil. OPEN Group's Interest Expense for the three months ended in Feb. 2024 was 円 -5 Mil. OPEN Group's Interest Coverage for the quarter that ended in Feb. 2024 was 37.32. 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.

OPEN Group Interest Expense Historical Data

The historical data trend for OPEN Group'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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OPEN Group Interest Expense Chart

OPEN Group Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

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-23.89

-20.44

-21.38

-17.51

-14.54

OPEN Group 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															-2.72	-2.27	-6.14	-1.34	-4.79

OPEN Group 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-15 Mil.

OPEN Group (TSE:6572) 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.

OPEN Group's Interest Expense for the three months ended in Feb. 2024 was 円-5 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円179 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円1,715 Mil.

OPEN Group'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	*	178.881	/	-4.793
	=	37.32

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

OPEN Group (TSE:6572) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OPEN Group Inc (TSE:6572) » Definitions » Interest Expense

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Address

1-12-32 Akasaka, Ark Mori Building 13F, Minato-ku, Tokyo, JPN, 107-6013

Website

http://www.rpa-holdings.com

RPA Holdings Inc operates as a holding company, which operates in robot outsourcing business. It is engaged in sales of office work outsourcing software and affiliate services ad network business.

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