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TOYO (FRA:TOY) Interest Expense : €-0.0 Mil (TTM As of Jun. 2024)


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What is TOYO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TOYO's interest expense for the three months ended in Jun. 2024 was € -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.0 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. TOYO's Operating Income for the three months ended in Jun. 2024 was € -2.1 Mil. TOYO's Interest Expense for the three months ended in Jun. 2024 was € -0.0 Mil. TOYO did not have earnings to cover the interest expense. 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.

TOYO Interest Expense Historical Data

The historical data trend for TOYO'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.

TOYO Interest Expense Chart

TOYO Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.02 -0.01 - -0.04

TOYO 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 - - -0.01 -0.01 -0.01

TOYO 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 €-0.0 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.

TOYO  (FRA:TOY) 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.

TOYO's Interest Expense for the three months ended in Jun. 2024 was €-0.0 Mil. Its Operating Income for the three months ended in Jun. 2024 was €-2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €0.0 Mil.

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

TOYO did not have earnings to cover the interest expense.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TOYO Corp has enough cash to cover all of its debt. Its financial situation is stable.

TOYO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TOYO Corp (FRA:TOY) » Definitions » Interest Expense
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Traded in Other Exchanges
8151:Japan
Address
1-6, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8284
Website
http://www.toyo.co.jp
TOYO Corporation is a Japanese company engaged in the development, manufacture, inspection, and installation of electronic measuring instruments. It manufactures products for the areas including information and communications technologies, mechatronics, materials, energy, electromagnetic compatibility, antenna systems, ocean, defense and security, software quality and productivity and medical systems. Its products include automatic radiated immunity measurement system, motor torque test system, noise and vibration analysis system, engine test bench measurement system, precision gear noise measurement system, among others. The company also offers maintenance, repair, calibration, technical support service, seminars, and operation training for its products.

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