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TIS (TSE:3626) Interest Expense : 円-529 Mil (TTM As of Sep. 2024)


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What is TIS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TIS's interest expense for the three months ended in Sep. 2024 was 円 -119 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-529 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. TIS's Operating Income for the three months ended in Sep. 2024 was 円 16,447 Mil. TIS's Interest Expense for the three months ended in Sep. 2024 was 円 -119 Mil. TIS's Interest Coverage for the quarter that ended in Sep. 2024 was 138.21. 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.

TIS Interest Expense Historical Data

The historical data trend for TIS'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.

TIS Interest Expense Chart

TIS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -233.00 -227.00 -322.00 -235.00 -380.00

TIS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -117.00 -136.00 -96.00 -119.00 -178.00

TIS 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-529 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.

TIS  (TSE:3626) 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.

TIS's Interest Expense for the three months ended in Sep. 2024 was 円-119 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円16,447 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円21,370 Mil.

TIS's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*16447/-119
=138.21

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TIS Inc has enough cash to cover all of its debt. Its financial situation is stable.

TIS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TIS Inc (TSE:3626) » Definitions » Interest Expense
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Traded in Other Exchanges
TISNF:USA
Address
17-1, Nishishinjuku 8-chome, Shinjuku-ku, Toyama, JPN, 160-0023
Website
http://www.tis.com
TIS Inc is a Japan-based company engaged in providing information technology (IT) related services including outsourcing services, software development, and solution services regarding investments in information technology. The company's segments include IT Infrastructure Services, Financial IT Services, Industrial IT Services. The IT Infrastructure Services segment provides computer utility, that is, operation services, under in-house control through the use of large IT facilities such as data centers. The Financial IT Services segment applies finance-specific business knowhow and IT to support the shift toward greater use of IT in business operations and the execution of business activities drawing on the power of IT.

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