IHI (IHICY) Interest Expense : $-33 Mil (TTM As of Dec. 2024)

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What is IHI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IHI's interest expense for the three months ended in Dec. 2024 was $ 90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-33 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. IHI's Operating Income for the three months ended in Dec. 2024 was $ 170 Mil. IHI's Interest Expense for the three months ended in Dec. 2024 was $ 90 Mil. IHI 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.

IHI Interest Expense Historical Data

The historical data trend for IHI'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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IHI Interest Expense Chart

IHI Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-78.38

-46.98

-39.00

-83.62

-52.16

IHI Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-96.62	24.82	-21.70	-126.02	90.33

IHI 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-33 Mil.

IHI (OTCPK:IHICY) 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.

IHI's Interest Expense for the three months ended in Dec. 2024 was $90 Mil. Its Operating Income for the three months ended in Dec. 2024 was $170 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $2,258 Mil.

IHI's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

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

IHI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IHI Corp (OTCPK:IHICY) » Definitions » Interest Expense

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7013:Japan IWJ:Germany

Address

1-1, Toyosu 3-chome, Koto-ku, Tokyo, JPN, 135-8710

Website

http://www.ihi.co.jp

IHI Corp produces power systems and plants, large steel structures, marine machinery, aerospace engines, and other industrial solutions. The global company attempts to develop innovative solutions and engineering capabilities for multiple projects and maintenance platforms. Its products cover a wide range of functions, including energy supply and distribution, urban development, enhancing manufacturing processes, and utilizing technologies for air travel. Revenues are roughly split between the company's four business areas: resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; and aero engine, space, and defense. Asia accounts for the majority of total sales, with China and Japan being key regions.