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World Holdings Co (TSE:2429) Interest Expense : 円-331 Mil (TTM As of Mar. 2024)


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What is World Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. World Holdings Co's interest expense for the three months ended in Mar. 2024 was 円 -90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-331 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. World Holdings Co's Operating Income for the three months ended in Mar. 2024 was 円 636 Mil. World Holdings Co's Interest Expense for the three months ended in Mar. 2024 was 円 -90 Mil. World Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.07. 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.


World Holdings Co Interest Expense Historical Data

The historical data trend for World Holdings 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.

World Holdings Co Interest Expense Chart

World Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -185.00 -162.00 -177.00 -225.00 -307.00

World Holdings 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 -66.00 -74.00 -82.00 -85.00 -90.00

World Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-331 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.


World Holdings Co  (TSE:2429) 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.

World Holdings Co's Interest Expense for the three months ended in Mar. 2024 was 円-90 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円636 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円33,460 Mil.

World Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*636/-90
=7.07

* 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.


World Holdings Co (TSE:2429) Business Description

Traded in Other Exchanges
N/A
Address
Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077
World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.

World Holdings Co (TSE:2429) Headlines

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