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Godo Steel (TSE:5410) Interest Expense : 円-503 Mil (TTM As of Dec. 2023)


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What is Godo Steel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Godo Steel's interest expense for the three months ended in Dec. 2023 was 円 -127 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-503 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. Godo Steel's Operating Income for the three months ended in Dec. 2023 was 円 4,682 Mil. Godo Steel's Interest Expense for the three months ended in Dec. 2023 was 円 -127 Mil. Godo Steel's Interest Coverage for the quarter that ended in Dec. 2023 was 36.87. 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.


Godo Steel Interest Expense Historical Data

The historical data trend for Godo Steel'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.

Godo Steel Interest Expense Chart

Godo Steel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -214.00 -360.00 -345.00 -346.00 -415.00

Godo Steel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -106.00 -120.00 -125.00 -131.00 -127.00

Godo Steel 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 円-503 Mil.

* 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.


Godo Steel  (TSE:5410) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Godo Steel's Interest Expense for the three months ended in Dec. 2023 was 円-127 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円4,682 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円31,491 Mil.

Godo Steel'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*4682/-127
=36.87

* 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.

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


Godo Steel (TSE:5410) Business Description

Traded in Other Exchanges
N/A
Address
Toyobo Building 8th Floor, 2-2-8Doujima-hama Kita-ku, Osaka-shi, Osaka, JPN, 5300004
Godo Steel Ltd manufactures and sells steel products in Japan and internationally. The company offers wire rods for tire chains, stapler needles, and fencing applications; large and middle shapes that are used in construction, civil engineering, and other sectors; structural bars, which are used as materials for making parts of construction and industrial machinery, ships, and other equipment; and rails. It also provides deformed bars that are used as construction and civil engineering materials; EG joints and anchor plates; and billets. In addition, the company offers reinforcing bars, wire products, firebricks, and ballasts; trucking services; and industrial waste disposal services.

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