Toenec (TSE:1946) Interest Expense : 円-1,952 Mil (TTM As of Dec. 2023)

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What is Toenec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toenec's interest expense for the three months ended in Dec. 2023 was 円 -482 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-1,952 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. Toenec's Operating Income for the three months ended in Dec. 2023 was 円 3,059 Mil. Toenec's Interest Expense for the three months ended in Dec. 2023 was 円 -482 Mil. Toenec's Interest Coverage for the quarter that ended in Dec. 2023 was 6.35. 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.

Toenec Interest Expense Historical Data

The historical data trend for Toenec'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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Toenec Interest Expense Chart

Toenec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1,552.00

-1,924.00

-2,106.00

-2,131.00

-1,952.00

Toenec 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															-517.00	-505.00	-494.00	-482.00	-471.00

Toenec 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-1,952 Mil.

Toenec (TSE:1946) 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.

Toenec's Interest Expense for the three months ended in Dec. 2023 was 円-482 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,059 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円74,723 Mil.

Toenec'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	*	3059	/	-482
	=	6.35

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

Toenec (TSE:1946) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Toenec Corp (TSE:1946) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-31, Sakae 1-chome, Naka-ku, Aichi, Nagoya, JPN, 460-0008

Website

http://www.toenec.co.jp

Toenec Corp provides engineering and construction services. The company's services include electrical and communications construction, pipe-laying, fire-control system construction, construction and building works, scaffolding, earthworks, and concrete works, road surfacing, painting, waterproofing work, waterworks, steel-structure construction, machinery and tool installation, interior finishing work, cleaning-facility construction, the power generation business, and electrical communication construction. It provides surveying, design, supervision, maintenance, and consultation, research, planning, development services. The company also provides ordinary freight vehicles and dispatching of manpower needed for its services. It also sells, leases and manages real estate properties.

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