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MIRAI (TSE:3476) Interest Expense : 円-480 Mil (TTM As of Apr. 2023)


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What is MIRAI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MIRAI's interest expense for the six months ended in Apr. 2023 was 円 -244 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was 円-480 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. MIRAI's Operating Income for the six months ended in Apr. 2023 was 円 2,820 Mil. MIRAI's Interest Expense for the six months ended in Apr. 2023 was 円 -244 Mil. MIRAI's Interest Coverage for the quarter that ended in Apr. 2023 was 11.57. 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.


MIRAI Interest Expense Historical Data

The historical data trend for MIRAI'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.

MIRAI Interest Expense Chart

MIRAI Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Interest Expense
Get a 7-Day Free Trial -321.22 -396.56 -405.68 -416.16 -461.48

MIRAI Semi-Annual Data
May16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 -203.77 -212.39 -225.25 -236.22 -243.76

MIRAI 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 Apr. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-480 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.


MIRAI  (TSE:3476) 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.

MIRAI's Interest Expense for the six months ended in Apr. 2023 was 円-244 Mil. Its Operating Income for the six months ended in Apr. 2023 was 円2,820 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2023 was 円64,000 Mil.

MIRAI's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2023 )/Interest Expense (Q: Apr. 2023 )
=-1*2820.004/-243.762
=11.57

* 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.


MIRAI (TSE:3476) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, No. 1, Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065
MIRAI Corp is a Japanese real estate investment trust. The company invests in diversified portfolio of real estate properties including office buildings, retail properties and hotel.

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