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Art Vivant Co (TSE:7523) Interest Expense : 円-66 Mil (TTM As of Dec. 2023)


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What is Art Vivant Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Art Vivant Co's interest expense for the three months ended in Dec. 2023 was 円 -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-66 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. Art Vivant Co's Operating Income for the three months ended in Dec. 2023 was 円 713 Mil. Art Vivant Co's Interest Expense for the three months ended in Dec. 2023 was 円 -17 Mil. Art Vivant Co's Interest Coverage for the quarter that ended in Dec. 2023 was 41.01. 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.


Art Vivant Co Interest Expense Historical Data

The historical data trend for Art Vivant Co'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.

Art Vivant Co Interest Expense Chart

Art Vivant Co 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 -35.14 -62.88 -68.40 -68.23 -65.30

Art Vivant Co 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 -15.24 -15.85 -15.72 -16.94 -17.38

Art Vivant Co 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-66 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.


Art Vivant Co  (TSE:7523) 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.

Art Vivant Co's Interest Expense for the three months ended in Dec. 2023 was 円-17 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円713 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円918 Mil.

Art Vivant Co'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*712.76/-17.381
=41.01

* 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.


Art Vivant Co (TSE:7523) Business Description

Traded in Other Exchanges
N/A
Address
4-13-14, Higashi-Shinagawa, 13th Floor, Glass Cube, Tokyo, JPN, 140-0002
Art Vivant Co Ltd is a Japan-based company engaged in operating art galleries. It is involved in selling mainly contemporary art printings and selection of popular artists at stores and exhibitions. The company offered products include paintings such as prints, oil paintings, watercolor, arts and crafts, and sculptures, among other products.

Art Vivant Co (TSE:7523) Headlines

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