Qualtec Co (TSE:9165) Interest Expense : 円 Mil (TTM As of Jun. 2023)

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What is Qualtec Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qualtec Co's interest expense for the six months ended in Jun. 2023 was 円 -2 Mil. Qualtec Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Qualtec Co's Operating Income for the six months ended in Jun. 2023 was 円 304 Mil. Qualtec Co's Interest Expense for the six months ended in Jun. 2023 was 円 -2 Mil. Qualtec Co's Interest Coverage for the quarter that ended in Jun. 2023 was 124.70. 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.

Qualtec Co Interest Expense Historical Data

The historical data trend for Qualtec 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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Qualtec Co Interest Expense Chart

Qualtec Co Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

-5.15

-7.71

-2.44

Qualtec Co Semi-Annual Data
	Jun21	Jun22	Jun23
Interest Expense	-5.15	-7.71	-2.44

Qualtec Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Qualtec Co (TSE:9165) 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.

Qualtec Co's Interest Expense for the six months ended in Jun. 2023 was 円-2 Mil. Its Operating Income for the six months ended in Jun. 2023 was 円304 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was 円77 Mil.

Qualtec Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	304.399	/	-2.441
	=	124.70

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

Qualtec Co (TSE:9165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualtec Co Ltd (TSE:9165) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906

Website

https://www.qualtec.co.jp

Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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