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Daiseki Eco Solution Co (TSE:1712) Interest Expense : 円-20 Mil (TTM As of Feb. 2024)


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What is Daiseki Eco Solution Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daiseki Eco Solution Co's interest expense for the three months ended in Feb. 2024 was 円 -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-20 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. Daiseki Eco Solution Co's Operating Income for the three months ended in Feb. 2024 was 円 266 Mil. Daiseki Eco Solution Co's Interest Expense for the three months ended in Feb. 2024 was 円 -5 Mil. Daiseki Eco Solution Co's Interest Coverage for the quarter that ended in Feb. 2024 was 53.20. 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.


Daiseki Eco Solution Co Interest Expense Historical Data

The historical data trend for Daiseki Eco Solution 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.

Daiseki Eco Solution Co Interest Expense Chart

Daiseki Eco Solution Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.00 -9.00 -8.00 -7.00 -20.00

Daiseki Eco Solution Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.00 -4.00 -6.00 -5.00 -5.00

Daiseki Eco Solution 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-20 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.


Daiseki Eco Solution Co  (TSE:1712) 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.

Daiseki Eco Solution Co's Interest Expense for the three months ended in Feb. 2024 was 円-5 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円266 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円3,410 Mil.

Daiseki Eco Solution Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*266/-5
=53.20

* 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.


Daiseki Eco Solution Co (TSE:1712) Business Description

Traded in Other Exchanges
N/A
Address
Funami-cho 1-86, Minato-ku, Nagoya-shi, JPN, 455-0027
Daiseki Eco Solution Co Ltd is engaged in soil contamination surveys, contaminated soil remediation, industrial waste collection and processing, environmental analysis, recycling of mercury, environmental consulting, and recycling of plasterboard in Japan.

Daiseki Eco Solution Co (TSE:1712) Headlines

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