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Healthcare & Medical Investment (TSE:3455) Interest Expense : 円-276 Mil (TTM As of Jan. 2024)


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What is Healthcare & Medical Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Healthcare & Medical Investment's interest expense for the six months ended in Jan. 2024 was 円 -139 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was 円-276 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. Healthcare & Medical Investment's Operating Income for the six months ended in Jan. 2024 was 円 1,254 Mil. Healthcare & Medical Investment's Interest Expense for the six months ended in Jan. 2024 was 円 -139 Mil. Healthcare & Medical Investment's Interest Coverage for the quarter that ended in Jan. 2024 was 9.03. 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.

Healthcare & Medical Investment Interest Expense Historical Data

The historical data trend for Healthcare & Medical Investment'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.

Healthcare & Medical Investment Interest Expense Chart

Healthcare & Medical Investment Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -155.59 -185.68 -190.15 -197.61 -245.92

Healthcare & Medical Investment Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -95.81 -101.79 -109.20 -136.72 -138.92

Healthcare & Medical Investment 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-276 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.

Healthcare & Medical Investment  (TSE:3455) 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.

Healthcare & Medical Investment's Interest Expense for the six months ended in Jan. 2024 was 円-139 Mil. Its Operating Income for the six months ended in Jan. 2024 was 円1,254 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was 円31,600 Mil.

Healthcare & Medical Investment's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*1254.136/-138.916
=9.03

* 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.

Healthcare & Medical Investment (TSE:3455) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Healthcare & Medical Investment Corp (TSE:3455) » Definitions » Interest Expense
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BJSE:870976 BJSE:838701 BJSE:870357 SZSE:300360 SZSE:001308 BJSE:430425 BJSE:833346 BJSE:832978 SZSE:002955 SZSE:301362 WELL VTR PEAK OHI HR SBRA MPW DOC XBRU:AED NHI
Traded in Other Exchanges
N/A
Address
3-3, Kanda-ogawamachi, Chiyoda-ku, Tokyo, JPN
Website
http://www.hcm3455.co.jp
Healthcare & Medical Investment Corp is an investment company, which invests in nursing homes facilities and medical related real properties. The company aims to achieve stable earnings from mid- to long-term perspectives through investment in real estate and other related assets. The firm primarily invests in facilities and buildings for the elderly, as well as medical related facilities.

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