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Kura Sushi (TSE:2695) Interest Expense : 円-367 Mil (TTM As of Jul. 2024)


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What is Kura Sushi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kura Sushi's interest expense for the three months ended in Jul. 2024 was 円 -94 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was 円-367 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. Kura Sushi's Operating Income for the three months ended in Jul. 2024 was 円 727 Mil. Kura Sushi's Interest Expense for the three months ended in Jul. 2024 was 円 -94 Mil. Kura Sushi's Interest Coverage for the quarter that ended in Jul. 2024 was 7.73. 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.


Kura Sushi Interest Expense Historical Data

The historical data trend for Kura Sushi'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.

Kura Sushi Interest Expense Chart

Kura Sushi Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -108.00 -161.00 -223.00 -272.00 -367.00

Kura Sushi Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -79.00 -88.00 -92.00 -94.00 -93.00

Kura Sushi 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-367 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.


Kura Sushi  (TSE:2695) 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.

Kura Sushi's Interest Expense for the three months ended in Jul. 2024 was 円-94 Mil. Its Operating Income for the three months ended in Jul. 2024 was 円727 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was 円0 Mil.

Kura Sushi's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2024 )/Interest Expense (Q: Jul. 2024 )
=-1*727/-94
=7.73

* 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.


Kura Sushi Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253
Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

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