Tokyo Gas Co (Tokyo Gas Co) Interest Expense : $-130 Mil (TTM As of Dec. 2023)

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What is Tokyo Gas Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokyo Gas Co's interest expense for the three months ended in Dec. 2023 was $ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-130 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. Tokyo Gas Co's Operating Income for the three months ended in Dec. 2023 was $ 230 Mil. Tokyo Gas Co's Interest Expense for the three months ended in Dec. 2023 was $ -34 Mil. Tokyo Gas Co's Interest Coverage for the quarter that ended in Dec. 2023 was 6.84. 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.

Tokyo Gas Co Interest Expense Historical Data

The historical data trend for Tokyo Gas 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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Tokyo Gas Co Interest Expense Chart

Tokyo Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-105.99

-116.18

-122.00

-113.25

-126.87

Tokyo Gas Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-30.68	-29.69	-33.11	-33.66	-33.84

Tokyo Gas 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 $-130 Mil.

Tokyo Gas Co (OTCPK:TKGSY) 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.

Tokyo Gas Co's Interest Expense for the three months ended in Dec. 2023 was $-34 Mil. Its Operating Income for the three months ended in Dec. 2023 was $230 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $8,743 Mil.

Tokyo Gas 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	*	230.078	/	-33.657
	=	6.84

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

Tokyo Gas Co (Tokyo Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tokyo Gas Co Ltd (OTCPK:TKGSY) » Definitions » Interest Expense

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Traded in Other Exchanges

TKGSF:USA 9531:Japan TOG:Germany TOG:Germany

Address

1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527

Website

http://www.tokyo-gas.co.jp

Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

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