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Furukawa Battery Co (FRA:FBB) Interest Expense : €-1.4 Mil (TTM As of Dec. 2023)


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What is Furukawa Battery Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Furukawa Battery Co's interest expense for the three months ended in Dec. 2023 was € -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.4 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. Furukawa Battery Co's Operating Income for the three months ended in Dec. 2023 was € 6.5 Mil. Furukawa Battery Co's Interest Expense for the three months ended in Dec. 2023 was € -0.4 Mil. Furukawa Battery Co's Interest Coverage for the quarter that ended in Dec. 2023 was 18.51. 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.

Furukawa Battery Co Interest Expense Historical Data

The historical data trend for Furukawa Battery 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.

Furukawa Battery Co Interest Expense Chart

Furukawa Battery 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 -3.21 -2.08 -1.29 -1.19 -1.35

Furukawa Battery 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 -0.27 -0.35 -0.41 -0.35 -0.28

Furukawa Battery 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 €-1.4 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.

Furukawa Battery Co  (FRA:FBB) 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.

Furukawa Battery Co's Interest Expense for the three months ended in Dec. 2023 was €-0.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was €6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €10.5 Mil.

Furukawa Battery 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*6.477/-0.35
=18.51

* 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.

Furukawa Battery Co (FRA:FBB) Business Description

Industry
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Traded in Other Exchanges
6937:Japan
Address
Hoshikawa SF Building, 2-4-1 Hoshikawa, Hodogaya-Ku, Yokohama, Kanagawa Prefecture, JPN, 240-0006
Website
http://www.furukawadenchi.co.jp
Furukawa Battery Co Ltd manufactures batteries for automobile, industrial infrastructure, disaster prevention and train, aircraft and space development industries. Automobile segment manufactures batteries for k-cars, mid-size cars, large size cars and motorcycles and also for hybrid and iss cars. Industrial infrastructure segment encompasses storage batteries combined with various power supply devices. Its products are the lead acid storage battery, alkaline storage battery, solar power generation systems for industrial use, battery condition watcher, automotive batteries, motorcycle battery, railway carrier batteries, cycle service storage batteries and power supplies. Automobile segment generates most of the revenues for the company.

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