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Hatch Work Co (TSE:148A) Interest Expense : 円-2 Mil (TTM As of Mar. 2024)


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What is Hatch Work Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hatch Work Co's interest expense for the three months ended in Mar. 2024 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-2 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. Hatch Work Co's Operating Income for the three months ended in Mar. 2024 was 円 19 Mil. Hatch Work Co's Interest Expense for the three months ended in Mar. 2024 was 円 -1 Mil. Hatch Work Co's Interest Coverage for the quarter that ended in Mar. 2024 was 14.00. 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.


Hatch Work Co Interest Expense Historical Data

The historical data trend for Hatch Work 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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Hatch Work Co Interest Expense Chart

Hatch Work Co Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-6.94 -5.31 -4.74

Hatch Work Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Interest Expense - - - -1.11 -1.39

Hatch Work 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-2 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.


Hatch Work Co  (TSE:148A) 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.

Hatch Work Co's Interest Expense for the three months ended in Mar. 2024 was 円-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円253 Mil.

Hatch Work Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*19.4/-1.386
=14.00

* 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.


Hatch Work Co (TSE:148A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

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