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Open House Group Co (TSE:3288) Interest Expense : 円-4,379 Mil (TTM As of Dec. 2023)


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What is Open House Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Open House Group Co's interest expense for the three months ended in Dec. 2023 was 円 -1,393 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-4,379 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. Open House Group Co's Operating Income for the three months ended in Dec. 2023 was 円 32,644 Mil. Open House Group Co's Interest Expense for the three months ended in Dec. 2023 was 円 -1,393 Mil. Open House Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 23.43. 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.

Open House Group Co Interest Expense Historical Data

The historical data trend for Open House Group 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.

Open House Group Co Interest Expense Chart

Open House Group Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,817.00 -2,298.00 -3,118.00 -3,531.00 -3,965.00

Open House Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -979.00 -923.00 -1,010.00 -1,053.00 -1,393.00

Open House Group 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-4,379 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.

Open House Group Co  (TSE:3288) 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.

Open House Group Co's Interest Expense for the three months ended in Dec. 2023 was 円-1,393 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円32,644 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円362,125 Mil.

Open House Group 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*32644/-1393
=23.43

* 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.

Open House Group Co (TSE:3288) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Open House Group Co Ltd (TSE:3288) » Definitions » Interest Expense
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Traded in Other Exchanges
O4H:Germany
Address
2-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6312
Website
https://oh.openhouse-group.com
Open House Group Co Ltd is principally engaged in real estate businesses, including real estate brokerage, single-family home development and sales, condominium development and sales, real estate investment, real estate financing, and other related services. The company comprises six operating segments: brokerage, single-family homes, Asakawa Home, condominiums, property resale, and others. The single-family homes segment delivers approximately half of group revenue, and the property resale segment contributes to the next most significant portion of revenue. Open House's sales centers are mainly located in Tokyo and surrounding areas.

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