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Star Micronics Co (TSE:7718) Interest Expense : 円-30 Mil (TTM As of Mar. 2024)


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What is Star Micronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Star Micronics Co's interest expense for the three months ended in Mar. 2024 was 円 -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-30 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. Star Micronics Co's Operating Income for the three months ended in Mar. 2024 was 円 775 Mil. Star Micronics Co's Interest Expense for the three months ended in Mar. 2024 was 円 -7 Mil. Star Micronics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 104.80. 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.

Star Micronics Co Interest Expense Historical Data

The historical data trend for Star Micronics 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.

* Premium members only.

Star Micronics Co Interest Expense Chart

Star Micronics Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.73 -19.87 -18.77 -32.01 -30.31

Star Micronics 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 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 -7.38 -7.69 -7.65 -7.59 -7.40

Star Micronics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-30 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.

Star Micronics Co  (TSE:7718) 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.

Star Micronics Co's Interest Expense for the three months ended in Mar. 2024 was 円-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円775 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円57 Mil.

Star Micronics Co'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*775.392/-7.399
=104.80

* 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. Star Micronics Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Star Micronics Co (TSE:7718) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Star Micronics Co Ltd (TSE:7718) » Definitions » Interest Expense
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Traded in Other Exchanges
2ZN:Germany
Address
20-10 Nakayoshida, Suruga-ku, Shizuoka, JPN, 422-8654
Website
https://www.star-m.jp
Star Micronics Co Ltd is engaged in the manufacture and sale of machinery, electronic components, machine tools and precision parts. It operates with various segment namely; Special products segment which offers point-of-sale printers, Visual cards, Readers and Writers; Components segment produces and sells electronic buzzers, microphones, speakers, receivers and others; Machine Tools segment offers computer numeric control automatic lathes and others; and Precision Products segment produces and sells wristwatch parts, optical connector parts, automotive parts, medical parts and others. The company generates most of its revenue from the machine tools segment and it has business presence worldwide, including Japan, the United States, Europe, and other Asian areas.

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