Nisshin Seifun Group (FRA:NFR) Interest Expense : €-24 Mil (TTM As of Dec. 2023)

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

What is Nisshin Seifun Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nisshin Seifun Group's interest expense for the three months ended in Dec. 2023 was € -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-24 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. Nisshin Seifun Group's Operating Income for the three months ended in Dec. 2023 was € 104 Mil. Nisshin Seifun Group's Interest Expense for the three months ended in Dec. 2023 was € -6 Mil. Nisshin Seifun Group's Interest Coverage for the quarter that ended in Dec. 2023 was 17.75. 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.

Nisshin Seifun Group Interest Expense Historical Data

The historical data trend for Nisshin Seifun Group'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.

Nisshin Seifun Group Interest Expense Chart

Nisshin Seifun Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-26.59

-21.50

-22.31

-24.78

-23.15

Nisshin Seifun Group 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															-6.41	-5.92	-6.08	-5.88	-6.03

Nisshin Seifun Group 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 €-24 Mil.

Nisshin Seifun Group (FRA:NFR) 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.

Nisshin Seifun Group's Interest Expense for the three months ended in Dec. 2023 was €-6 Mil. Its Operating Income for the three months ended in Dec. 2023 was €104 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €454 Mil.

Nisshin Seifun Group'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	*	104.348	/	-5.878
	=	17.75

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

Nisshin Seifun Group (FRA:NFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nisshin Seifun Group Inc (FRA:NFR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

2002:Japan

Address

1-25, Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-8441

Website

http://www.nisshin.com

Nisshin Seifun Group Inc is a Japanese holding company with the following brands under its umbrella: Nisshin Flour Milling, Nisshin Foods, Nisshin Pharma, Nisshin Petfood, Nisshin Engineering, Oriental Yeast, NBC Meshtec, and Initio Foods. Nisshin Flour Milling supplies basic food materials (wheat flour, wheat bran, rye) for manufacturing use. Nisshin Foods offers frozen foods and chilled foods. These two businesses are the core operations. Nisshin Pharma produces active pharmaceutical ingredients and pharmaceutical products. Nisshin Petfood offers pet food. Nisshin Engineering designs and offers management of manufacturing and processing facilities for food-related ingredients and sells powder-processing-related equipment.

Nisshin Seifun Group (FRA:NFR) Headlines

No Headlines