Trend Micro (STU:TMI) Interest Expense : €0 Mil (TTM As of Mar. 2024)

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What is Trend Micro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trend Micro's interest expense for the three months ended in Mar. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Trend Micro's Operating Income for the three months ended in Mar. 2024 was € 74 Mil. Trend Micro's Interest Expense for the three months ended in Mar. 2024 was € 0 Mil. Trend Micro 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.

Trend Micro Interest Expense Historical Data

The historical data trend for Trend Micro'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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Trend Micro Interest Expense Chart

Trend Micro Annual Data

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Interest Expense

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-0.09

-0.30

Trend Micro Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Trend Micro 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Trend Micro (STU:TMI) 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.

Trend Micro's Interest Expense for the three months ended in Mar. 2024 was €0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0 Mil.

Trend Micro's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Trend Micro had no long-term debt ⁽¹⁾.

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

Good Sign:

Trend Micro Inc has no debt.

Trend Micro (STU:TMI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Trend Micro Inc (STU:TMI) » Definitions » Interest Expense

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TMICY:USA 4704:Japan

Address

Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, JPN, 151-0053

Website

http://www.trendmicro.co.jp

Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.

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