Tokuyama (Tokuyama) Interest Expense : $-9 Mil (TTM As of Dec. 2023)

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What is Tokuyama Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokuyama's interest expense for the three months ended in Dec. 2023 was $ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-9 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. Tokuyama's Operating Income for the three months ended in Dec. 2023 was $ 58 Mil. Tokuyama's Interest Expense for the three months ended in Dec. 2023 was $ -2 Mil. Tokuyama's Interest Coverage for the quarter that ended in Dec. 2023 was 37.83. 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.

Tokuyama Interest Expense Historical Data

The historical data trend for Tokuyama'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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Tokuyama Interest Expense Chart

Tokuyama Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-15.69

-14.02

-11.66

-11.91

-8.90

Tokuyama 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															-3.07	-2.97	-3.07	-1.54	-1.59

Tokuyama 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 $-9 Mil.

Tokuyama (OTCPK:TKYMF) 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.

Tokuyama's Interest Expense for the three months ended in Dec. 2023 was $-2 Mil. Its Operating Income for the three months ended in Dec. 2023 was $58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $572 Mil.

Tokuyama'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	*	58.07	/	-1.535
	=	37.83

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

Tokuyama (Tokuyama) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tokuyama Corp (OTCPK:TKYMF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TKYMY:USA 4043:Japan TBT:Germany

Address

7-5, Sotokanda 1-chome, Front Place Akihabara, Chiyoda-ku, Tokyo, JPN, 101-8618

Website

http://www.tokuyama.co.jp

Tokuyama Corp mainly manufactures and sells chemicals, specialty products, cement and functional materials. It operates with various segments namely; Chemicals segment offers soda ash, caustic soda, calcium chloride, silicate soda, propylene oxide and methylene chloride; Specialty Products segment offers multicrystalline silicon, wet silica, metal cleaning chemicals, environmental-related equipment and others; Cement segment offers portland cement, ready-mixed concrete and cementitious solidified materials and the Life Amenity segment offers polypropylene film, resin sashes and others. Geographically, operations of the group are functioned through Japan.

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