Nissui (Nissui) Interest Expense : $-20 Mil (TTM As of Dec. 2023)

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What is Nissui Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nissui's interest expense for the three months ended in Dec. 2023 was $ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-20 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. Nissui's Operating Income for the three months ended in Dec. 2023 was $ 70 Mil. Nissui's Interest Expense for the three months ended in Dec. 2023 was $ -6 Mil. Nissui's Interest Coverage for the quarter that ended in Dec. 2023 was 11.49. 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.

Nissui Interest Expense Historical Data

The historical data trend for Nissui'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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Nissui Interest Expense Chart

Nissui Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-15.69

-15.20

-12.13

-9.83

-12.25

Nissui 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															-3.38	-4.32	-4.72	-4.69	-6.09

Nissui 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 $-20 Mil.

Nissui (OTCPK:NISUY) 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.

Nissui's Interest Expense for the three months ended in Dec. 2023 was $-6 Mil. Its Operating Income for the three months ended in Dec. 2023 was $70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $820 Mil.

Nissui'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	*	70.009	/	-6.091
	=	11.49

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

Nissui (Nissui) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissui Corp (OTCPK:NISUY) » Definitions » Interest Expense

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1332:Japan 71N:Germany

Address

1-3-1 Nishi-Shimbashi, Nishi-Shimbashi Square, Minato-ku, Tokyo, JPN, 105-8676

Website

http://www.nissui.co.jp

Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.

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