Nippon Shokubai Co (Nippon Shokubai Co) Interest Expense : $-15 Mil (TTM As of Dec. 2023)

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What is Nippon Shokubai Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Shokubai Co's interest expense for the three months ended in Dec. 2023 was $ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-15 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. Nippon Shokubai Co's Operating Income for the three months ended in Dec. 2023 was $ 31 Mil. Nippon Shokubai Co's Interest Expense for the three months ended in Dec. 2023 was $ -6 Mil. Nippon Shokubai Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5.23. 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.

Nippon Shokubai Co Interest Expense Historical Data

The historical data trend for Nippon Shokubai Co'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.

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Nippon Shokubai Co Interest Expense Chart

Nippon Shokubai Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-8.31

-16.82

-3.40

-5.75

-8.48

Nippon Shokubai Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-9.32	-0.67	-2.77	-5.55	-5.89

Nippon Shokubai Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15 Mil.

Nippon Shokubai Co (OTCPK:NPSHY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nippon Shokubai Co's Interest Expense for the three months ended in Dec. 2023 was $-6 Mil. Its Operating Income for the three months ended in Dec. 2023 was $31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $164 Mil.

Nippon Shokubai Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	30.823	/	-5.89
	=	5.23

The higher the ratio, the stronger the company's financial strength is.

Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NPSHY) » Definitions » Interest Expense

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Traded in Other Exchanges

NSHKF:USA 4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

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