Avant Group (TSE:3836) Interest Expense : 円-0 Mil (TTM As of Mar. 2024)

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What is Avant Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avant Group's interest expense for the three months ended in Mar. 2024 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-0 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. Avant Group's Operating Income for the three months ended in Mar. 2024 was 円 1,185 Mil. Avant Group's Interest Expense for the three months ended in Mar. 2024 was 円 -0 Mil. Avant Group's Interest Coverage for the quarter that ended in Mar. 2024 was 22,790.69. 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.

Avant Group Interest Expense Historical Data

The historical data trend for Avant Group'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.

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Avant Group Interest Expense Chart

Avant Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.15

-0.74

-1.00

-0.74

-0.49

Avant Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.11	-0.10	-0.09	-0.07	-0.05

Avant Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-0 Mil.

Avant Group (TSE:3836) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avant Group's Interest Expense for the three months ended in Mar. 2024 was 円-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円1,185 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円0 Mil.

Avant Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1185.116	/	-0.052
	=	22,790.69

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. Avant Group Corp has enough cash to cover all of its debt. Its financial situation is stable.

Avant Group (TSE:3836) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Group Corp (TSE:3836) » Definitions » Interest Expense

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Address

2-15-2 Konan, 13th Floor, Shinagawa Intercity Building B, Minato-ku, Tokyo, JPN, 108-6113

Website

https://www.avantcorp.com

Avant Group Corp formerly, AVANT Corp is a holding company. The company through its subsidiaries is engaged in business solution package development, license sales, consulting service, support service, BI outsourcing business, BI and DWH consulting business, and BI and DWH equipment sales.

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