TOYO Construction Co (TSE:1890) Interest Expense : 円-145 Mil (TTM As of Dec. 2023)

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What is TOYO Construction Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TOYO Construction Co's interest expense for the three months ended in Dec. 2023 was 円 -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-145 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. TOYO Construction Co's Operating Income for the three months ended in Dec. 2023 was 円 3,427 Mil. TOYO Construction Co's Interest Expense for the three months ended in Dec. 2023 was 円 -27 Mil. TOYO Construction Co's Interest Coverage for the quarter that ended in Dec. 2023 was 126.93. 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.

TOYO Construction Co Interest Expense Historical Data

The historical data trend for TOYO Construction 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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TOYO Construction Co Interest Expense Chart

TOYO Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-145.00

-140.00

-96.00

-132.00

-145.00

TOYO Construction 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															-43.00	-35.00	-29.00	-27.00	-54.00

TOYO Construction 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 円-145 Mil.

TOYO Construction Co (TSE:1890) 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.

TOYO Construction Co's Interest Expense for the three months ended in Dec. 2023 was 円-27 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,427 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円1,258 Mil.

TOYO Construction 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	*	3427	/	-27
	=	126.93

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TOYO Construction Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

TOYO Construction Co (TSE:1890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TOYO Construction Co Ltd (TSE:1890) » Definitions » Interest Expense

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Address

Jinbocho, 105-chome, Jinbocho, 11th floor, 10th floor, Mitsui Building, Kanda, Chiyoda-ku, Tokyo, JPN, 135-0064

Website

http://www.toyo-const.co.jp

TOYO Construction Co Ltd is a construction company. Principally, it is engaged in the marine and civil engineering, building construction, real estate, and others businesses. The company undertakes civil engineering works, such as ports, fishery ports, and reclamation and dredging, airport, power station, river and dam, waste disposal site, and waterworks and sewerage service projects. It constructs office, commercial, medical and welfare facilities, factories, education and cultural, distribution and warehouse, sports and leisure, residential, and accommodation projects. In addition, it also provides various overseas projects.

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