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Will Smart Co (TSE:175A) Interest Expense : 円 Mil (TTM As of Mar. 2024)


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What is Will Smart Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Will Smart Co's interest expense for the six months ended in Mar. 2024 was 円 -1 Mil. Will Smart Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Will Smart Co's Operating Income for the six months ended in Mar. 2024 was 円 36 Mil. Will Smart Co's Interest Expense for the six months ended in Mar. 2024 was 円 -1 Mil. Will Smart Co's Interest Coverage for the quarter that ended in Mar. 2024 was 38.23. 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.


Will Smart Co Interest Expense Historical Data

The historical data trend for Will Smart 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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Will Smart Co Interest Expense Chart

Will Smart Co Annual Data
Trend Mar22 Mar23 Mar24
Interest Expense
-0.19 -0.58 -0.95

Will Smart Co Semi-Annual Data
Mar22 Mar23 Mar24
Interest Expense -0.19 -0.58 -0.95

Will Smart Co Interest Expense Calculation

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


Will Smart Co  (TSE:175A) 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.

Will Smart Co's Interest Expense for the six months ended in Mar. 2024 was 円-1 Mil. Its Operating Income for the six months ended in Mar. 2024 was 円36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was 円11 Mil.

Will Smart 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*36.125/-0.945
=38.23

* 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.


Will Smart Co Business Description

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Traded in Other Exchanges
N/A
Address
2-11-6 Tomioka, Koto-ku, Tokyo, JPN, 135-0047
Will Smart Co Ltd is engaged in planning and proposing solutions and software developments with operational support services to solve business issues by utilizing DX technologies, focusing on the mobility industry.

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