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JFEEF (JFE Holdings) Interest Expense : $-167 Mil (TTM As of Sep. 2024)


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What is JFE Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JFE Holdings's interest expense for the three months ended in Sep. 2024 was $ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-167 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. JFE Holdings's Operating Income for the three months ended in Sep. 2024 was $ 150 Mil. JFE Holdings's Interest Expense for the three months ended in Sep. 2024 was $ -46 Mil. JFE Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 3.27. 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.

JFE Holdings Interest Expense Historical Data

The historical data trend for JFE Holdings'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.

JFE Holdings Interest Expense Chart

JFE Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.85 -130.49 -111.36 -138.26 -157.96

JFE Holdings 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 -39.83 -43.56 -38.43 -39.01 -45.76

JFE Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-167 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.

JFE Holdings  (OTCPK:JFEEF) 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.

JFE Holdings's Interest Expense for the three months ended in Sep. 2024 was $-46 Mil. Its Operating Income for the three months ended in Sep. 2024 was $150 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $9,502 Mil.

JFE Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*149.538/-45.756
=3.27

* 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.

JFE Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JFE Holdings Inc (OTCPK:JFEEF) » Definitions » Interest Expense
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TSE:5406 TSE:5444 TSE:5471 TSE:5463 TSE:5423 TSE:5481 NGO:7485 TSE:5451 TSE:5449 TSE:5440 NUE XKRX:005490 BOM:500228 XAMS:MT TSE:5401 NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002
Traded in Other Exchanges
5411:Japan JFR:Germany JFR:Germany
Address
2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
Website
http://www.jfe-holdings.co.jp
JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

JFE Holdings Headlines

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