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Feed One Co (TSE:2060) Interest Expense : 円-183 Mil (TTM As of Dec. 2023)


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What is Feed One Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Feed One Co's interest expense for the three months ended in Dec. 2023 was 円 -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-183 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. Feed One Co's Operating Income for the three months ended in Dec. 2023 was 円 2,219 Mil. Feed One Co's Interest Expense for the three months ended in Dec. 2023 was 円 -46 Mil. Feed One Co's Interest Coverage for the quarter that ended in Dec. 2023 was 48.24. 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.


Feed One Co Interest Expense Historical Data

The historical data trend for Feed One 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.

Feed One Co Interest Expense Chart

Feed One Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -103.00 -99.00 -94.00 -158.00 -183.00

Feed One 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 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 -51.00 -48.00 -46.00 -46.00 -43.00

Feed One 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-183 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.


Feed One Co  (TSE:2060) 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.

Feed One Co's Interest Expense for the three months ended in Dec. 2023 was 円-46 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円2,219 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円22,150 Mil.

Feed One 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*2219/-46
=48.24

* 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.


Feed One Co (TSE:2060) Business Description

Traded in Other Exchanges
N/A
Address
2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.

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