Sumitomo Forestry Co (TSE:1911) Interest Expense : 円-4,338 Mil (TTM As of Dec. 2023)

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What is Sumitomo Forestry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sumitomo Forestry Co's interest expense for the three months ended in Dec. 2023 was 円 -945 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-4,338 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. Sumitomo Forestry Co's Operating Income for the three months ended in Dec. 2023 was 円 49,139 Mil. Sumitomo Forestry Co's Interest Expense for the three months ended in Dec. 2023 was 円 -945 Mil. Sumitomo Forestry Co's Interest Coverage for the quarter that ended in Dec. 2023 was 52.00. 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.

Sumitomo Forestry Co Interest Expense Historical Data

The historical data trend for Sumitomo Forestry 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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Sumitomo Forestry Co Interest Expense Chart

Sumitomo Forestry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Interest Expense

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-2,015.00

-2,706.00

-2,219.00

-3,124.00

-4,338.00

Sumitomo Forestry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1,189.00	-1,140.00	-1,058.00	-1,195.00	-945.00

Sumitomo Forestry 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-4,338 Mil.

Sumitomo Forestry Co (TSE:1911) 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.

Sumitomo Forestry Co's Interest Expense for the three months ended in Dec. 2023 was 円-945 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円49,139 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円328,489 Mil.

Sumitomo Forestry 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	*	49139	/	-945
	=	52.00

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

Sumitomo Forestry Co (TSE:1911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (TSE:1911) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

5F6:Germany

Address

Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270

Website

http://sfc.jp

Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

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