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Suzuki Motor (TSE:7269) Interest Expense : 円-10,057 Mil (TTM As of Mar. 2024)


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What is Suzuki Motor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suzuki Motor's interest expense for the three months ended in Mar. 2024 was 円 -4,705 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-10,057 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. Suzuki Motor's Operating Income for the three months ended in Mar. 2024 was 円 118,914 Mil. Suzuki Motor's Interest Expense for the three months ended in Mar. 2024 was 円 -4,705 Mil. Suzuki Motor's Interest Coverage for the quarter that ended in Mar. 2024 was 25.27. 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.


Suzuki Motor Interest Expense Historical Data

The historical data trend for Suzuki Motor'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.

Suzuki Motor Interest Expense Chart

Suzuki Motor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,555.00 -4,935.00 -5,954.00 -6,741.00 -10,057.00

Suzuki Motor 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 -2,520.00 -1,585.00 -1,767.00 -2,000.00 -4,705.00

Suzuki Motor 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-10,057 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.


Suzuki Motor  (TSE:7269) 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.

Suzuki Motor's Interest Expense for the three months ended in Mar. 2024 was 円-4,705 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円118,914 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円329,401 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*118914/-4705
=25.27

* 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.


Suzuki Motor (TSE:7269) Business Description

Traded in Other Exchanges
Address
300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, JPN, 432-8611
Suzuki Motor Corp is an automobile manufacturing company. It organizes itself into three segments based on product type namely: automobile, motorcycle, and Marine business. The automotive business, which contributes the vast majority of revenue, largely focuses on passenger vehicles. The motorcycle business manufactures on- and off-road motorcycles and scooters, and contributes the next-largest portion of sales. The Marine business manufactures four-stroke motors for marine use. Nearly half of consolidated revenue is derived from Asian countries excluding Japan, with a third of sales made domestically.

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