Nippon Avionics Co (TSE:6946) Interest Expense : 円-21 Mil (TTM As of Dec. 2023)

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What is Nippon Avionics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Avionics Co's interest expense for the three months ended in Dec. 2023 was 円 -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-21 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 Avionics Co's Operating Income for the three months ended in Dec. 2023 was 円 599 Mil. Nippon Avionics Co's Interest Expense for the three months ended in Dec. 2023 was 円 -8 Mil. Nippon Avionics Co's Interest Coverage for the quarter that ended in Dec. 2023 was 74.88. 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 Avionics Co Interest Expense Historical Data

The historical data trend for Nippon Avionics 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.

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Nippon Avionics Co Interest Expense Chart

Nippon Avionics Co Annual Data

Trend

Mar15

Mar16

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Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-50.00

-49.00

-38.00

-26.00

Nippon Avionics 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															-7.00	-6.00	-7.00	-8.00	-

Nippon Avionics 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-21 Mil.

Nippon Avionics Co (TSE:6946) 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.

Nippon Avionics Co's Interest Expense for the three months ended in Dec. 2023 was 円-8 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円599 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円2,035 Mil.

Nippon Avionics Co'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	*	599	/	-8
	=	74.88

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

Nippon Avionics Co (TSE:6946) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Avionics Co Ltd (TSE:6946) » Definitions » Interest Expense

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Traded in Other Exchanges

6NA:Germany

Address

Gotanda Kowa Building, 8-1-5, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

http://www.avio.co.jp

Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.

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