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Toyota Motor (MEX:TMN) Interest Expense : MXN-20,070 Mil (TTM As of Dec. 2024)


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What is Toyota Motor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toyota Motor's interest expense for the three months ended in Dec. 2024 was MXN -14,586 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-20,070 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. Toyota Motor's Operating Income for the three months ended in Dec. 2024 was MXN 164,779 Mil. Toyota Motor's Interest Expense for the three months ended in Dec. 2024 was MXN -14,586 Mil. Toyota Motor's Interest Coverage for the quarter that ended in Dec. 2024 was 11.30. 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.

Toyota Motor Interest Expense Historical Data

The historical data trend for Toyota Motor'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.

Toyota Motor Interest Expense Chart

Toyota Motor 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 -9,607.24 -7,977.32 -5,450.21 -6,386.09 -7,170.84

Toyota Motor 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 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 -4,061.61 1,552.96 -1,915.92 -5,121.81 -14,585.70

Toyota Motor 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 MXN-20,070 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.

Toyota Motor  (MEX:TMN) 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.

Toyota Motor's Interest Expense for the three months ended in Dec. 2024 was MXN-14,586 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN164,779 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN3,189,059 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*164779.152/-14585.701
=11.30

* 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.

Toyota Motor Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Toyota Motor Corp (MEX:TMN) » Definitions » Interest Expense
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Traded in Other Exchanges
TOYOF:USA TM:USA 7203:Japan 0LG5:UK TYT:UK TOM:Germany TOYM:Canada TMCO34:Brazil TOM:Bulgaria TOM:Austria TM:Argentina
Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Website
https://www.global.toyota
Founded in 1937, Toyota is one of the world's largest automakers, with 11.1 million units sold at retail in fiscal 2024, including 10.3 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 52% excluding mini-vehicles, while US share is around 15%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2024 sales excluding financial services were JPY 41.6 trillion. Toyota also has a financing arm and manufactures homes and boats.

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