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Tokyu Land (FRA:TOL) Interest Expense : €-79 Mil (TTM As of Dec. 2013)


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What is Tokyu Land Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokyu Land's interest expense for the three months ended in Dec. 2013 was € -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was €-79 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. Tokyu Land's Operating Income for the three months ended in Dec. 2013 was € 45 Mil. Tokyu Land's Interest Expense for the three months ended in Dec. 2013 was € -18 Mil. Tokyu Land's Interest Coverage for the quarter that ended in Dec. 2013 was 2.55. 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.


Tokyu Land Interest Expense Historical Data

The historical data trend for Tokyu Land'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.

Tokyu Land Interest Expense Chart

Tokyu Land Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.45 -60.74 -67.50 -137.89 -94.18

Tokyu Land Quarterly Data
Dec08 Mar09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -24.81 -21.76 -20.02 -19.20 -17.69

Tokyu Land 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-79 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.


Tokyu Land  (FRA:TOL) 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.

Tokyu Land's Interest Expense for the three months ended in Dec. 2013 was €-18 Mil. Its Operating Income for the three months ended in Dec. 2013 was €45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2013 was €5,838 Mil.

Tokyu Land's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2013 )/Interest Expense (Q: Dec. 2013 )
=-1*45.136/-17.689
=2.55

* 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.


Tokyu Land (FRA:TOL) Business Description

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Tokyu Land Corp is a real estate company engaged in seven business segments, namely real estate sales, contracted construction, retail sales, leasing of real estate, property management, resorts and real estate agents and other.