Meito Transportation Co (FRA:MTD) Interest Expense : €-0.6 Mil (TTM As of Jun. 2015)

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What is Meito Transportation Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meito Transportation Co's interest expense for the three months ended in Jun. 2015 was € -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was €-0.6 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. Meito Transportation Co's Operating Income for the three months ended in Jun. 2015 was € 3.7 Mil. Meito Transportation Co's Interest Expense for the three months ended in Jun. 2015 was € -0.1 Mil. Meito Transportation Co's Interest Coverage for the quarter that ended in Jun. 2015 was 28.59. 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.

Meito Transportation Co Interest Expense Historical Data

The historical data trend for Meito Transportation 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.

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Meito Transportation Co Interest Expense Chart

Meito Transportation Co Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Interest Expense

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-1.08

-0.95

-0.74

-0.67

-0.64

Meito Transportation Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.16	-0.14	-0.15	-0.13

Meito Transportation 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.6 Mil.

Meito Transportation Co (FRA:MTD) 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.

Meito Transportation Co's Interest Expense for the three months ended in Jun. 2015 was €-0.1 Mil. Its Operating Income for the three months ended in Jun. 2015 was €3.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2015 was €11.6 Mil.

Meito Transportation Co's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2015 )	/	Interest Expense (Q: Jun. 2015 )
	=	-1	*	3.659	/	-0.128
	=	28.59

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

Meito Transportation Co (FRA:MTD) Business Description

Industry

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Address

Website

http://www.meiun.co.jp

Meito Transportation Co., Ltd. operates as a food distribution company in Japan. Its services include general truck transport, truck transport forwarding, and truck repair.