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Advance Logistics Investment (TSE:3493) Interest Expense : 円-344 Mil (TTM As of Feb. 2024)


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What is Advance Logistics Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advance Logistics Investment's interest expense for the six months ended in Feb. 2024 was 円 -173 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-344 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. Advance Logistics Investment's Operating Income for the six months ended in Feb. 2024 was 円 1,869 Mil. Advance Logistics Investment's Interest Expense for the six months ended in Feb. 2024 was 円 -173 Mil. Advance Logistics Investment's Interest Coverage for the quarter that ended in Feb. 2024 was 10.80. 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.


Advance Logistics Investment Interest Expense Historical Data

The historical data trend for Advance Logistics 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.

Advance Logistics Investment Interest Expense Chart

Advance Logistics Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Aug23
Interest Expense
-101.44 -143.99 -185.98 -220.47 -

Advance Logistics Investment Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Aug23 Feb24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -100.74 -110.23 -110.23 -171.14 -172.98

Advance Logistics 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-344 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.


Advance Logistics Investment  (TSE:3493) 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.

Advance Logistics Investment's Interest Expense for the six months ended in Feb. 2024 was 円-173 Mil. Its Operating Income for the six months ended in Feb. 2024 was 円1,869 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was 円46,850 Mil.

Advance Logistics Investment's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*1868.831/-172.984
=10.80

* 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.


Advance Logistics Investment Business Description

Traded in Other Exchanges
N/A
Address
1-105 Kanda-Jinbocho, 17th Floor, Jinbocho Mitsui Building, Chiyoda Ward, Tokyo, JPN
Advance Logistics Investment Corp is a Japanese real estate investment company. It is engaged in investing in logistics real estate.

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