GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » LINE Corp (NYSE:LN) » Definitions » Interest Expense

LINE (LN) Interest Expense : $-19 Mil (TTM As of Sep. 2020)


View and export this data going back to 2016. Start your Free Trial

What is LINE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LINE's interest expense for the three months ended in Sep. 2020 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-19 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. LINE's Operating Income for the three months ended in Sep. 2020 was $ 200 Mil. LINE's Interest Expense for the three months ended in Sep. 2020 was $ -5 Mil. LINE's Interest Coverage for the quarter that ended in Sep. 2020 was 42.15. 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.

LINE Interest Expense Historical Data

The historical data trend for LINE'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.

LINE Interest Expense Chart

LINE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial -0.87 -0.56 -0.23 -4.63 -18.15

LINE Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -4.81 -4.78 -4.78 -4.73 -4.75

LINE 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19 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.

LINE  (NYSE:LN) 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.

LINE's Interest Expense for the three months ended in Sep. 2020 was $-5 Mil. Its Operating Income for the three months ended in Sep. 2020 was $200 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $445 Mil.

LINE's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2020 )/Interest Expense (Q: Sep. 2020 )
=-1*200.011/-4.745
=42.15

* 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.

LINE (LN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » LINE Corp (NYSE:LN) » Definitions » Interest Expense
Comparable Companies
TSE:2120 TSE:3990 TSE:4298 TSE:3679 TSE:3926 TSE:3491 TSE:2477 TSE:2440 TSE:6049 TSE:3688 GOOGL FB HKSE:00700 XAMS:PRX JSE:NPN NTES BIDU SPOT TWLO XKRX:035420
Traded in Other Exchanges
N/A
Address
JR Shinjuku Miraina Tower, 4-1-6 Shinjuku, 23rd Floor, Shinjuku-ku, Tokyo, JPN, 160-0022
Website
https://www.linecorp.com
Line is the leading mobile messaging app in Japan, Taiwan, and Thailand, and also has a strong following in Indonesia. As at the end of 2018, the company had 166 million monthly active users in four major countries, and in particular, it had established a dominant position in Japan, Taiwan, and Thailand. The company is focusing on adding new applications and advertising services to increase monetization, in order to leverage its established user base. Approximately 72% of revenue is from the domestic market.

LINE (LN) Headlines

From GuruFocus

Chainalysis Provides Compliance Solution for BITBOX, LINE's Digital Asset Exchange

By PRNewswire PRNewswire • 06-20-2019

Loyyal Continues Global Expansion with Asia-based Investors

By PRNewswire PRNewswire • 08-01-2019

Softbank Group Corp Buys LINE Corp, Sells Amazon.com Inc, Alphabet Inc, Adobe Inc

By GuruFocus Research GuruFocus Editor • 11-12-2020