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Ecomott (TSE:3987) Interest Expense : 円-7 Mil (TTM As of Feb. 2024)


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What is Ecomott Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecomott's interest expense for the three months ended in Feb. 2024 was 円 -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-7 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. Ecomott's Operating Income for the three months ended in Feb. 2024 was 円 48 Mil. Ecomott's Interest Expense for the three months ended in Feb. 2024 was 円 -2 Mil. Ecomott's Interest Coverage for the quarter that ended in Feb. 2024 was 20.65. 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.


Ecomott Interest Expense Historical Data

The historical data trend for Ecomott'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.

Ecomott Interest Expense Chart

Ecomott Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Aug21 Aug22
Interest Expense
Get a 7-Day Free Trial -2.83 -2.87 -2.77 -3.65 -2.99

Ecomott Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -1.45 -1.35 -1.58 -1.60 -2.32

Ecomott 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 quarterly data reported by the company within the most recent 12 months, which was 円-7 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.


Ecomott  (TSE:3987) 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.

Ecomott's Interest Expense for the three months ended in Feb. 2024 was 円-2 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円337 Mil.

Ecomott'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*47.814/-2.315
=20.65

* 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.


Ecomott (TSE:3987) Business Description

Traded in Other Exchanges
N/A
Address
5-2 Kita 1-jo Higashi 2-chome, Chuo-ku, Hokkaido, Sapporo, JPN, 060-0031
Ecomott Inc provides internet of things platform solutions that connects devices and systems. It offers a range of connectivity-driven technologies capable of solving real-world issues in a wide variety of industries.

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