USS Co (USS Co) Interest Expense : $-0.1 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is USS Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. USS Co's interest expense for the three months ended in Dec. 2023 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.1 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. USS Co's Operating Income for the three months ended in Dec. 2023 was $ 83.1 Mil. USS Co's Interest Expense for the three months ended in Dec. 2023 was $ -0.0 Mil. USS Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5,935.29. 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.

USS Co Interest Expense Historical Data

The historical data trend for USS 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.

USS Co Interest Expense Chart

USS Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-0.10

-0.12

-0.10

-0.08

USS 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															-0.02	-0.02	-0.01	-0.02	-0.01

USS 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 $-0.1 Mil.

USS Co (OTCPK:USSJY) 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.

USS Co's Interest Expense for the three months ended in Dec. 2023 was $-0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $83.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $17.0 Mil.

USS 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	*	83.094	/	-0.014
	=	5,935.29

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

USS Co (USS Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » USS Co Ltd (OTCPK:USSJY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

4732:Japan

Address

507-20 Shinpo-Machi, Tokai-shi, Aichi Prefecture, JPN, 476-0005

Website

https://www.ussnet.co.jp/eng

USS is a Japanese company involved in managing used-vehicle auctions. It has two segments: the auction business (purchasing and selling used vehicles) and the environment-related business. The auction business distributes used vehicles by organizing auctions. The on-site auctions are held in 17 locations across the local market, satellite auctions, and Internet auctions. The recycling business scraps unsold vehicles to recycle them as rebuilt auto parts, raw materials, or solid fuel.

USS Co (USS Co) Headlines

No Headlines