Needs Well (TSE:3992) Interest Expense : 円-1 Mil (TTM As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Needs Well Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Needs Well'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-1 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. Needs Well's Operating Income for the three months ended in Mar. 2024 was 円 349 Mil. Needs Well's Interest Expense for the three months ended in Mar. 2024 was 円 -0 Mil. Needs Well's Interest Coverage for the quarter that ended in Mar. 2024 was 1,886.88. 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.

Needs Well Interest Expense Historical Data

The historical data trend for Needs Well'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.

Needs Well Interest Expense Chart

Needs Well Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-0.16

-0.12

-10.38

-0.50

-0.81

Needs Well 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															-0.21	-0.19	-0.18	-0.19	-0.19

Needs Well 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-1 Mil.

Needs Well (TSE:3992) 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.

Needs Well'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349 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円34 Mil.

Needs Well'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	*	349.073	/	-0.185
	=	1,886.88

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. Needs Well Inc has enough cash to cover all of its debt. Its financial situation is stable.

Needs Well (TSE:3992) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Needs Well Inc (TSE:3992) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-15 South Tower, Tomihisa-cho Shinjuku-ku, Tokyo, JPN, 162-0067

Website

http://www.needswell.com

Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB system, digital marketing related system, business system, CMS using web technology.

Needs Well (TSE:3992) Headlines

No Headlines