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Star Asia Investment (TSE:3468) Interest Expense : 円-467 Mil (TTM As of Jan. 2023)


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What is Star Asia Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Star Asia Investment's interest expense for the six months ended in Jan. 2023 was 円 -376 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was 円-467 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. Star Asia Investment's Operating Income for the six months ended in Jan. 2023 was 円 3,350 Mil. Star Asia Investment's Interest Expense for the six months ended in Jan. 2023 was 円 -376 Mil. Star Asia Investment's Interest Coverage for the quarter that ended in Jan. 2023 was 8.90. 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.


Star Asia Investment Interest Expense Historical Data

The historical data trend for Star Asia 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.

Star Asia Investment Interest Expense Chart

Star Asia Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Interest Expense
Get a 7-Day Free Trial -204.96 -301.09 - -600.96 -681.18

Star Asia Investment Semi-Annual Data
Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -301.65 -339.59 -341.59 -376.42 -466.99

Star Asia 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-467 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.


Star Asia Investment  (TSE:3468) 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.

Star Asia Investment's Interest Expense for the six months ended in Jan. 2023 was 円-376 Mil. Its Operating Income for the six months ended in Jan. 2023 was 円3,350 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2023 was 円81,210 Mil.

Star Asia Investment's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2023 )/Interest Expense (Q: Jan. 2023 )
=-1*3349.559/-376.416
=8.90

* 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.


Star Asia Investment (TSE:3468) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

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