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Nagoya Railroad Co (TSE:9048) Interest Expense : 円-2,964 Mil (TTM As of Dec. 2023)


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What is Nagoya Railroad Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nagoya Railroad Co's interest expense for the three months ended in Dec. 2023 was 円 -767 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-2,964 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. Nagoya Railroad Co's Operating Income for the three months ended in Dec. 2023 was 円 14,220 Mil. Nagoya Railroad Co's Interest Expense for the three months ended in Dec. 2023 was 円 -767 Mil. Nagoya Railroad Co's Interest Coverage for the quarter that ended in Dec. 2023 was 18.54. 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.


Nagoya Railroad Co Interest Expense Historical Data

The historical data trend for Nagoya Railroad 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.

Nagoya Railroad Co Interest Expense Chart

Nagoya Railroad Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,442.00 -3,245.00 -3,231.00 -2,927.00 -2,819.00

Nagoya Railroad Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -698.00 -715.00 -717.00 -765.00 -767.00

Nagoya Railroad 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-2,964 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.


Nagoya Railroad Co  (TSE:9048) 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.

Nagoya Railroad Co's Interest Expense for the three months ended in Dec. 2023 was 円-767 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円14,220 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円382,977 Mil.

Nagoya Railroad 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*14220/-767
=18.54

* 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.


Nagoya Railroad Co (TSE:9048) Business Description

Traded in Other Exchanges
Address
1-2-4 Meieki, Nakamura-ku, Nagoya, JPN, 450-8501
Nagoya Railroad Co Ltd is a transportation company domiciled in Japan. The company organizes itself into six segments: traffic, transport, real estate, leisure and services, aviation services and distribution. Traffic, which contributes the most significant portion of revenue, operates railways, buses, and taxis. The transport segment operates trucking and maritime transport operations. The real estate segment develops and leases real estate. Leisure and services operate hotels, restaurants, and other tourist facilities. The distribution segment operates department stores.

Nagoya Railroad Co (TSE:9048) Headlines

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