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Nikkiso Co (FRA:NKO) Interest Expense : €-6 Mil (TTM As of Jun. 2024)


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What is Nikkiso Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nikkiso Co's interest expense for the three months ended in Jun. 2024 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-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. Nikkiso Co's Operating Income for the three months ended in Jun. 2024 was € 8 Mil. Nikkiso Co's Interest Expense for the three months ended in Jun. 2024 was € -1 Mil. Nikkiso Co's Interest Coverage for the quarter that ended in Jun. 2024 was 6.78. 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.

Nikkiso Co Interest Expense Historical Data

The historical data trend for Nikkiso 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.

Nikkiso Co Interest Expense Chart

Nikkiso Co Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.10 -9.25 -8.44 -18.51 -4.94

Nikkiso 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 -1.26 -1.27 -1.11 -1.25 -1.95

Nikkiso 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-6 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.

Nikkiso Co  (FRA:NKO) 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.

Nikkiso Co's Interest Expense for the three months ended in Jun. 2024 was €-1 Mil. Its Operating Income for the three months ended in Jun. 2024 was €8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €556 Mil.

Nikkiso Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*8.463/-1.248
=6.78

* 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.

Nikkiso Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nikkiso Co Ltd (FRA:NKO) » Definitions » Interest Expense
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Traded in Other Exchanges
6376:Japan
Address
4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022
Website
http://www.nikkiso.co.jp
Nikkiso Co Ltd is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.

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