Marubeni (FRA:MARA) Interest Expense : €-478 Mil (TTM As of Sep. 2024)

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What is Marubeni Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marubeni's interest expense for the three months ended in Sep. 2024 was € -131 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-478 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. Marubeni's Operating Income for the three months ended in Sep. 2024 was € 326 Mil. Marubeni's Interest Expense for the three months ended in Sep. 2024 was € -131 Mil. Marubeni's Interest Coverage for the quarter that ended in Sep. 2024 was 2.49. 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.

Marubeni Interest Expense Historical Data

The historical data trend for Marubeni'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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Marubeni Interest Expense Chart

Marubeni Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-401.25

-177.33

-167.22

-396.77

-445.52

Marubeni 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															-110.23	-114.88	-116.92	-115.24	-130.78

Marubeni 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 €-478 Mil.

Marubeni (FRA:MARA) 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.

Marubeni's Interest Expense for the three months ended in Sep. 2024 was €-131 Mil. Its Operating Income for the three months ended in Sep. 2024 was €326 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €12,830 Mil.

Marubeni'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	*	326.217	/	-130.775
	=	2.49

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Marubeni Corp interest coverage is 3.49, which is low.

Marubeni Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Marubeni Corp (FRA:MARA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MARUY:USA MARUF:USA 8002:Japan MAR0:Germany MARA:Germany

Address

Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060

Website

https://www.marubeni.com

Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.