GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Belc Co Ltd (TSE:9974) » Definitions » Interest Expense

Belc Co (TSE:9974) Interest Expense : 円-129 Mil (TTM As of Feb. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Belc Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Belc Co's interest expense for the three months ended in Feb. 2024 was 円 -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-129 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. Belc Co's Operating Income for the three months ended in Feb. 2024 was 円 1,884 Mil. Belc Co's Interest Expense for the three months ended in Feb. 2024 was 円 -33 Mil. Belc Co's Interest Coverage for the quarter that ended in Feb. 2024 was 57.09. 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.


Belc Co Interest Expense Historical Data

The historical data trend for Belc 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.

Belc Co Interest Expense Chart

Belc Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -102.00 -88.00 -83.00 -98.00 -129.00

Belc Co Quarterly Data
May19 Aug19 Nov19 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 Premium Member Only -27.00 -30.00 -31.00 -35.00 -33.00

Belc 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-129 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.


Belc Co  (TSE:9974) 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.

Belc Co's Interest Expense for the three months ended in Feb. 2024 was 円-33 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円1,884 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円26,566 Mil.

Belc Co'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*1884/-33
=57.09

* 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.


Belc Co (TSE:9974) Business Description

Traded in Other Exchanges
N/A
Address
5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

Belc Co (TSE:9974) Headlines

No Headlines