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Hokkaido Chuo Bus Co (SSE:9085) Interest Expense : 円-0 Mil (TTM As of Dec. 2023)


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What is Hokkaido Chuo Bus Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hokkaido Chuo Bus Co's interest expense for the three months ended in Dec. 2023 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-0 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. Hokkaido Chuo Bus Co's Operating Income for the three months ended in Dec. 2023 was 円 257 Mil. Hokkaido Chuo Bus Co's Interest Expense for the three months ended in Dec. 2023 was 円 -0 Mil. Hokkaido Chuo Bus Co's Interest Coverage for the quarter that ended in Dec. 2023 was 4,138.06. 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.


Hokkaido Chuo Bus Co Interest Expense Historical Data

The historical data trend for Hokkaido Chuo Bus 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.

* Premium members only.

Hokkaido Chuo Bus Co Interest Expense Chart

Hokkaido Chuo Bus Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial -0.72 -0.46 -0.27 -0.29 -0.23

Hokkaido Chuo Bus 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 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 -0.06 -0.09 - - -0.06

Hokkaido Chuo Bus 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 円-0 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.


Hokkaido Chuo Bus Co  (SSE:9085) 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.

Hokkaido Chuo Bus Co's Interest Expense for the three months ended in Dec. 2023 was 円-0 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円257 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円0 Mil.

Hokkaido Chuo Bus 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*256.56/-0.062
=4,138.06

* 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. Hokkaido Chuo Bus Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Hokkaido Chuo Bus Co (SSE:9085) Business Description

Traded in Other Exchanges
N/A
Address
1-8-6, Ironai, Otaru, JPN, 047-8601
Hokkaido Chuo Bus Co Ltd provides general passenger and business charter travel services in Japan. It offers intercity express bus, sightseeing bus tours, city bus, and charter bus services.

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