LAC Co (TSE:3857) Interest Expense : 円-2 Mil (TTM As of Dec. 2023)

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What is LAC Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LAC Co's interest expense for the three months ended in Dec. 2023 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-2 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. LAC Co's Operating Income for the three months ended in Dec. 2023 was 円 380 Mil. LAC Co's Interest Expense for the three months ended in Dec. 2023 was 円 0 Mil. LAC Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

LAC Co Interest Expense Historical Data

The historical data trend for LAC Co'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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LAC Co Interest Expense Chart

LAC Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-7.15

-11.00

-20.96

-11.46

-5.63

LAC Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.15	-1.11	-0.60	-0.54	-

LAC Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-2 Mil.

LAC Co (TSE:3857) 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.

LAC Co's Interest Expense for the three months ended in Dec. 2023 was 円0 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円380 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円0 Mil.

LAC Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

LAC Co had no long-term debt ⁽¹⁾.

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. LAC Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

LAC Co (TSE:3857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LAC Co Ltd (TSE:3857) » Definitions » Interest Expense

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Address

2-16-1 Hirakawacho, Hirakawacho Mori Tower, Chiyoda-ku, Tokyo, JPN, 102-0093

Website

https://www.lac.co.jp

LAC Co.Ltd. provides network security against cyber-terrorism. It offers security consulting services as well as security policy and program development services; and vulnerability assessment services. The company's products include Security products, System products, Dynatrace products.

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