Sankyo Co (STU:SOK) Interest Expense : €0 Mil (TTM As of Dec. 2023)

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What is Sankyo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sankyo Co's interest expense for the three months ended in Dec. 2023 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €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. Sankyo Co's Operating Income for the three months ended in Dec. 2023 was € 126 Mil. Sankyo Co's Interest Expense for the three months ended in Dec. 2023 was € 0 Mil. Sankyo Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Sankyo Co Interest Expense Historical Data

The historical data trend for Sankyo 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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Sankyo Co Interest Expense Chart

Sankyo Co Annual Data

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Interest Expense

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Sankyo Co Quarterly Data
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Sankyo 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 €0 Mil.

Sankyo Co (STU:SOK) 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.

Sankyo Co's Interest Expense for the three months ended in Dec. 2023 was €0 Mil. Its Operating Income for the three months ended in Dec. 2023 was €126 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €0 Mil.

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

Sankyo Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Sankyo Co Ltd has no debt.

Sankyo Co (STU:SOK) Business Description

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SKXJF:USA 6417:Japan

Address

3-29-14 Shibuya, Shibuya-ku, Tokyo, JPN, 150-8327

Website

http://www.sankyo-fever.co.jp

Sankyo Co Ltd manufactures and sells pachinko and pachislot machines to the gambling industry. Pachinko machines, a gambling device with pinball-like characteristics, are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls that can then be exchanged for prizes. Pachislot machines, which are a similar gambling device as pachinko and slot machines, are also sold to gambling parlors throughout Japan. The company generates the vast majority of its revenue in Japan.

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