Komatsu (Komatsu) Interest Expense

: $-353 Mil (TTM As of Dec. 2023)

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

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Komatsu's interest expense for the three months ended in Dec. 2023 was $ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-353 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. Komatsu's Operating Income for the three months ended in Dec. 2023 was $ 1,087 Mil. Komatsu's Interest Expense for the three months ended in Dec. 2023 was $ -102 Mil. Komatsu's Interest Coverage for the quarter that ended in Dec. 2023 was 10.68. 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.

Komatsu Interest Expense Historical Data

The historical data trend for Komatsu'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.

Komatsu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-216.84

-228.41

-126.64

-103.07

-242.18

Komatsu 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															-81.46	-78.47	-84.61	-88.22	-101.78

Komatsu 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 $-353 Mil.

Komatsu (OTCPK:KMTUY) 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.

Komatsu's Interest Expense for the three months ended in Dec. 2023 was $-102 Mil. Its Operating Income for the three months ended in Dec. 2023 was $1,087 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $4,353 Mil.

Komatsu'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	*	1086.563	/	-101.784
	=	10.68

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

Komatsu (Komatsu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Komatsu Ltd (OTCPK:KMTUY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KMTUF:USA 6301:Japan KOMA:Germany KOM1:Germany KOM1:Germany

Address

3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414

Website

https://www.komatsu.jp

Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

Komatsu (Komatsu) Headlines

From GuruFocus

Matthews Japan Fund Comments on Komatsu Ltd

By Vera Yuan Vera Yuan • 04-29-2015

A Trio of Fairly Priced Stocks With Consistent Sales and Earnings History

By Alberto Abaterusso Alberto Abaterusso • 09-03-2020

Matthews Japan Fund Comments on Komatsu

By Holly LaFon Holly LaFon • 11-06-2018

Manning & Napier Advisors' Pick from the Heavy Machinery Industry

By Vanina Egea Vanina Egea • 11-15-2013

These Graham-Style Stock Picks Are Reasonably Priced

By Alberto Abaterusso Alberto Abaterusso • 02-03-2020

First Eagle Comments on Komatsu

By Sydnee Gatewood • 07-27-2021