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Goodpatch (TSE:7351) Interest Expense : 円-1 Mil (TTM As of Feb. 2024)


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What is Goodpatch Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goodpatch's interest expense for the three months ended in Feb. 2024 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-1 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. Goodpatch's Operating Income for the three months ended in Feb. 2024 was 円 104 Mil. Goodpatch's Interest Expense for the three months ended in Feb. 2024 was 円 -0 Mil. Goodpatch's Interest Coverage for the quarter that ended in Feb. 2024 was 534.27. 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.


Goodpatch Interest Expense Historical Data

The historical data trend for Goodpatch'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.

Goodpatch Interest Expense Chart

Goodpatch Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial -5.64 -9.84 -5.42 -4.36 -1.33

Goodpatch Quarterly Data
Aug18 Aug19 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 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 -0.35 -0.31 -0.27 -0.24 -0.20

Goodpatch 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-1 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.


Goodpatch  (TSE:7351) 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.

Goodpatch's Interest Expense for the three months ended in Feb. 2024 was 円-0 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円104 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円86 Mil.

Goodpatch'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*104.183/-0.195
=534.27

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Goodpatch Inc has enough cash to cover all of its debt. Its financial situation is stable.


Goodpatch (TSE:7351) Business Description

Traded in Other Exchanges
N/A
Address
3-3 VORT Shibuya South 2nd Floor, Uguisuda nicho, Shibuya Ward, Tokyo, JPN, 150-0032
Goodpatch Inc is a provider of UI / UX design, business model design, brand experience design, organizational design, and software development services. The company provides product design, business design and brand experience design.

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