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Aska (NGO:7227) Interest Expense : 円-59 Mil (TTM As of Feb. 2024)


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What is Aska Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aska's interest expense for the three months ended in Feb. 2024 was 円 -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-59 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. Aska's Operating Income for the three months ended in Feb. 2024 was 円 568 Mil. Aska's Interest Expense for the three months ended in Feb. 2024 was 円 -19 Mil. Aska's Interest Coverage for the quarter that ended in Feb. 2024 was 29.60. 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.


Aska Interest Expense Historical Data

The historical data trend for Aska'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.

Aska Interest Expense Chart

Aska Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.40 -68.75 -57.96 -51.43 -49.21

Aska Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -9.60 -10.29 -12.70 -16.62 -19.19

Aska 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-59 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.


Aska  (NGO:7227) 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.

Aska's Interest Expense for the three months ended in Feb. 2024 was 円-19 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円568 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円7,507 Mil.

Aska's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*567.941/-19.189
=29.60

* 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.


Aska (NGO:7227) Business Description

Traded in Other Exchanges
N/A
Address
11 Hibiki- machi Kariyama-machi, Aichi Prefecture, Kariya, JPN, 448 0002
Aska Corp is a Japan based company engaged in automobile parts business, distribution board business and robot system business. In the automotive parts business, the company is engaged in building body parts that form the framework of the car. The distribution board business carried by the company involves designing and manufacturing of control panel, cabinet boxes, OEM product, electric car ordinary charger and press deep drawing products.

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