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Nippon Parking Development Co (TSE:2353) Interest Expense : 円-127 Mil (TTM As of Jan. 2025)


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What is Nippon Parking Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Parking Development Co's interest expense for the three months ended in Jan. 2025 was 円 -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was 円-127 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. Nippon Parking Development Co's Operating Income for the three months ended in Jan. 2025 was 円 2,204 Mil. Nippon Parking Development Co's Interest Expense for the three months ended in Jan. 2025 was 円 -32 Mil. Nippon Parking Development Co's Interest Coverage for the quarter that ended in Jan. 2025 was 68.37. 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.


Nippon Parking Development Co Interest Expense Historical Data

The historical data trend for Nippon Parking Development 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.

Nippon Parking Development Co Interest Expense Chart

Nippon Parking Development Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.84 -66.85 -61.27 -45.79 -113.52

Nippon Parking Development Co Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 -34.66 -27.96 -32.49 -32.24 -34.53

Nippon Parking Development 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-127 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.


Nippon Parking Development Co  (TSE:2353) 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.

Nippon Parking Development Co's Interest Expense for the three months ended in Jan. 2025 was 円-32 Mil. Its Operating Income for the three months ended in Jan. 2025 was 円2,204 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was 円11,726 Mil.

Nippon Parking Development Co's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2025 )/Interest Expense (Q: Jan. 2025 )
=-1*2204.289/-32.239
=68.37

* 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.


Nippon Parking Development Co Business Description

Traded in Other Exchanges
Address
Osaka Fukoku Seimei Building, 2-4 Komatsubara-cho, Kita-ku, Osaka, JPN, 530-0018
Nippon Parking Development Co Ltd provides car parking solutions and services. The company is engaged in providing hospitality management upgrade solutions and planning to use the unused real estate assets for parking solutions. It also provides consultation in other aspects such as depreciation, maintenance, and repair costs of parking facilities. Its client base involves building owners, parking facility owners, hotel business owners, and store owners.

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