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IN Holdings Co (TSE:132A) Interest Expense : 円 Mil (TTM As of Apr. 2023)


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What is IN Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IN Holdings Co's interest expense for the six months ended in Apr. 2023 was 円 -13 Mil. IN Holdings Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Apr. 2023.

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. IN Holdings Co's Operating Income for the six months ended in Apr. 2023 was 円 128 Mil. IN Holdings Co's Interest Expense for the six months ended in Apr. 2023 was 円 -13 Mil. IN Holdings Co's Interest Coverage for the quarter that ended in Apr. 2023 was 9.84. 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.


IN Holdings Co Interest Expense Historical Data

The historical data trend for IN Holdings 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.

IN Holdings Co Interest Expense Chart

IN Holdings Co Annual Data
Trend Oct22
Interest Expense
-10.66

IN Holdings Co Semi-Annual Data
Oct22 Apr23
Interest Expense - -12.97

IN Holdings Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


IN Holdings Co  (TSE:132A) 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.

IN Holdings Co's Interest Expense for the six months ended in Apr. 2023 was 円-13 Mil. Its Operating Income for the six months ended in Apr. 2023 was 円128 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2023 was 円2,971 Mil.

IN Holdings Co's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2023 )/Interest Expense (Q: Apr. 2023 )
=-1*127.684/-12.973
=9.84

* 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.


IN Holdings Co (TSE:132A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
656-1, Naoe, Chikujogun Yoshitomimachi, Fukuoka, JPN, 871-0831
IN Holdings Co Ltd is engaged in logistics business in Japan. It has wide range of operations, including general cargo business, as well as warehousing, packaging, vehicle transportation, and export.

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