Tecnisco (TSE:2962) Interest Expense : 円 Mil (TTM As of Jun. 2023)

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What is Tecnisco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tecnisco's interest expense for the six months ended in Jun. 2023 was 円 -22 Mil. Tecnisco does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Tecnisco's Operating Income for the six months ended in Jun. 2023 was 円 273 Mil. Tecnisco's Interest Expense for the six months ended in Jun. 2023 was 円 -22 Mil. Tecnisco's Interest Coverage for the quarter that ended in Jun. 2023 was 12.39. 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.

Tecnisco Interest Expense Historical Data

The historical data trend for Tecnisco'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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Tecnisco Interest Expense Chart

Tecnisco Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

-24.82

-24.31

-22.05

Tecnisco Semi-Annual Data
	Jun21	Jun22	Jun23
Interest Expense	-24.82	-24.31	-22.05

Tecnisco Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Tecnisco (TSE:2962) 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.

Tecnisco's Interest Expense for the six months ended in Jun. 2023 was 円-22 Mil. Its Operating Income for the six months ended in Jun. 2023 was 円273 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was 円2,124 Mil.

Tecnisco's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	273.14	/	-22.051
	=	12.39

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

Tecnisco (TSE:2962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tecnisco Ltd (TSE:2962) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-15, Minami-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0004

Website

https://www.tecnisco.com

Tecnisco Ltd is engaged in the Precision products business. It manufactures and sells Metal Products, Glass Products, and Drilling tool Products. Its products include Heatsinks, a Display device for projectors and mobile, Single core drills, Double core drills, and silicon products. The company uses Cross-edge technology for its operations.

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