Daikin Industries (Daikin Industries) Interest Expense : $-276 Mil (TTM As of Dec. 2023)

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

What is Daikin Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daikin Industries's interest expense for the three months ended in Dec. 2023 was $ -82 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-276 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. Daikin Industries's Operating Income for the three months ended in Dec. 2023 was $ 491 Mil. Daikin Industries's Interest Expense for the three months ended in Dec. 2023 was $ -82 Mil. Daikin Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 5.98. 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.

Daikin Industries Interest Expense Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Interest Expense Chart

Daikin Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-106.63

-102.24

-80.88

-74.42

-151.82

Daikin Industries 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															-35.86	-53.29	-64.10	-76.86	-82.18

Daikin Industries 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 $-276 Mil.

Daikin Industries (OTCPK:DKILY) 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.

Daikin Industries's Interest Expense for the three months ended in Dec. 2023 was $-82 Mil. Its Operating Income for the three months ended in Dec. 2023 was $491 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,908 Mil.

Daikin Industries'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	*	491.341	/	-82.177
	=	5.98

The higher the ratio, the stronger the company's financial strength is.

Daikin Industries (Daikin Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (OTCPK:DKILY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DKILF:USA 6367:Japan DKIA:Germany DKI:Austria

Address

Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323

Website

http://www.daikin.com

Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

From GuruFocus

Bringing the Cool: Companies That Can Grow With Increasing AC Demand

By Margaret Moran Margaret Moran • 10-18-2019