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Ecology and Combustion (NGO:6225) Interest Expense : 円-1 Mil (TTM As of Jan. 2024)


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What is Ecology and Combustion Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecology and Combustion's interest expense for the three months ended in Jan. 2024 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was 円-1 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. Ecology and Combustion's Operating Income for the three months ended in Jan. 2024 was 円 77 Mil. Ecology and Combustion's Interest Expense for the three months ended in Jan. 2024 was 円 -0 Mil. Ecology and Combustion's Interest Coverage for the quarter that ended in Jan. 2024 was 379.46. 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.


Ecology and Combustion Interest Expense Historical Data

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion Interest Expense Chart

Ecology and Combustion Annual Data
Trend Jul22 Jul23
Interest Expense
-0.61 -0.94

Ecology and Combustion Quarterly Data
Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Interest Expense Get a 7-Day Free Trial -0.24 -0.23 -0.22 -0.21 -0.20

Ecology and Combustion 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-1 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.


Ecology and Combustion  (NGO:6225) 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.

Ecology and Combustion's Interest Expense for the three months ended in Jan. 2024 was 円-0 Mil. Its Operating Income for the three months ended in Jan. 2024 was 円77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was 円171 Mil.

Ecology and Combustion's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*77.031/-0.203
=379.46

* 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. Ecology and Combustion Inc has enough cash to cover all of its debt. Its financial situation is stable.


Ecology and Combustion (NGO:6225) Business Description

Traded in Other Exchanges
N/A
Address
4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103
Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion (NGO:6225) Headlines

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