JVCKenwood (JVCKenwood) Interest Expense : $-10 Mil (TTM As of Dec. 2023)

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What is JVCKenwood Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JVCKenwood's interest expense for the three months ended in Dec. 2023 was $ 5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-10 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. JVCKenwood's Operating Income for the three months ended in Dec. 2023 was $ 35 Mil. JVCKenwood's Interest Expense for the three months ended in Dec. 2023 was $ 5 Mil. JVCKenwood did not have earnings to cover the interest expense. 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.

JVCKenwood Interest Expense Historical Data

The historical data trend for JVCKenwood'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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JVCKenwood Interest Expense Chart

JVCKenwood Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-10.80

-10.61

-8.86

-9.14

-9.91

JVCKenwood Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-7.94	-2.31	-2.58	4.57	-9.58

JVCKenwood 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 $-10 Mil.

JVCKenwood (OTCPK:JVCZY) 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.

JVCKenwood's Interest Expense for the three months ended in Dec. 2023 was $5 Mil. Its Operating Income for the three months ended in Dec. 2023 was $35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $239 Mil.

JVCKenwood's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

JVCKenwood (JVCKenwood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JVCKenwood Corp (OTCPK:JVCZY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6632:Japan JVC:Germany JVC:Germany

Address

3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022

Website

https://www.jvckenwood.com

JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

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