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Makino Milling Machine Co (FRA:95B) Interest Expense : €-2 Mil (TTM As of Sep. 2024)


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What is Makino Milling Machine Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Makino Milling Machine Co's interest expense for the three months ended in Sep. 2024 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-2 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. Makino Milling Machine Co's Operating Income for the three months ended in Sep. 2024 was € 29 Mil. Makino Milling Machine Co's Interest Expense for the three months ended in Sep. 2024 was € -1 Mil. Makino Milling Machine Co's Interest Coverage for the quarter that ended in Sep. 2024 was 34.44. 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.

Makino Milling Machine Co Interest Expense Historical Data

The historical data trend for Makino Milling Machine 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.

Makino Milling Machine Co Interest Expense Chart

Makino Milling Machine Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.88 -2.24 -2.07 -2.21 -1.89

Makino Milling Machine Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.52 -0.56 -0.36 -0.60 -0.85

Makino Milling Machine 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2 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.

Makino Milling Machine Co  (FRA:95B) 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.

Makino Milling Machine Co's Interest Expense for the three months ended in Sep. 2024 was €-1 Mil. Its Operating Income for the three months ended in Sep. 2024 was €29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €199 Mil.

Makino Milling Machine Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*29.1/-0.845
=34.44

* 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.

Makino Milling Machine Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Makino Milling Machine Co Ltd (FRA:95B) » Definitions » Interest Expense
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Traded in Other Exchanges
6135:Japan
Address
3-19 Nakane 2-chome, Meguro-ku, Tokyo, JPN, 152-8578
Website
http://www.makino.co.jp
Makino Milling Machine Co Ltd is a software and engineering service provider offering machine tool builders. The company manufactures, sells and exports machines. It offers numeric control (NC) electrical discharge machines, NC milling machines, milling machines, computer-aided design (CAD) computer-aided manufacturing (CAM) systems, and other products. Its product application is spread into various industries such as automotive, aerospace, general machining, medical and construction. The firm also engages in the business of equipment financing.

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