Towa (TSE:6315) Interest Expense : 円-72 Mil (TTM As of Dec. 2023)

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What is Towa Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Towa's interest expense for the three months ended in Dec. 2023 was 円 -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-72 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. Towa's Operating Income for the three months ended in Dec. 2023 was 円 1,687 Mil. Towa's Interest Expense for the three months ended in Dec. 2023 was 円 -18 Mil. Towa's Interest Coverage for the quarter that ended in Dec. 2023 was 95.26. 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.

Towa Interest Expense Historical Data

The historical data trend for Towa'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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Towa Interest Expense Chart

Towa Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

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Mar22

Mar23

Interest Expense

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-29.62

-49.82

-55.24

-52.36

-70.19

Towa 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															-18.36	-18.17	-18.14	-18.02	-17.71

Towa 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-72 Mil.

Towa (TSE:6315) 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.

Towa's Interest Expense for the three months ended in Dec. 2023 was 円-18 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円1,687 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円2,685 Mil.

Towa'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	*	1686.769	/	-17.707
	=	95.26

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

Towa (TSE:6315) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Towa Corp (TSE:6315) » Definitions » Interest Expense

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TWA:Germany

Address

5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105

Website

http://www.towajapan.co.jp

Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.

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