GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shizuoka Gas Co Ltd (FRA:1KS) » Definitions » Interest Expense

Shizuoka Gas Co (FRA:1KS) Interest Expense : €-1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Shizuoka Gas Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shizuoka Gas Co's interest expense for the three months ended in Mar. 2024 was € -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1 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. Shizuoka Gas Co's Operating Income for the three months ended in Mar. 2024 was € 17 Mil. Shizuoka Gas Co's Interest Expense for the three months ended in Mar. 2024 was € -0 Mil. Shizuoka Gas Co's Interest Coverage for the quarter that ended in Mar. 2024 was 78.14. 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.

Shizuoka Gas Co Interest Expense Historical Data

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co Interest Expense Chart

Shizuoka Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.71 -0.57 -0.63 -0.98

Shizuoka Gas Co 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 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 -0.22 -0.27 -0.27 -0.24 -0.22

Shizuoka Gas 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1 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.

Shizuoka Gas Co  (FRA:1KS) 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.

Shizuoka Gas Co's Interest Expense for the three months ended in Mar. 2024 was €-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €104 Mil.

Shizuoka Gas Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*16.801/-0.215
=78.14

* 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.

Shizuoka Gas Co (FRA:1KS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shizuoka Gas Co Ltd (FRA:1KS) » Definitions » Interest Expense
Comparable Companies
TSE:9536 TSE:1663 TSE:9534 TSE:9539 TSE:9537 TSE:3361 TSE:9818 TSE:5974 TSE:8174 TSE:9533 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532
Traded in Other Exchanges
9543:Japan
Address
1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688
Website
http://www.shizuokagas.co.jp
Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

Shizuoka Gas Co (FRA:1KS) Headlines

No Headlines