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Money Forward (TSE:3994) Interest Expense : 円-139 Mil (TTM As of Feb. 2024)


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What is Money Forward Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Money Forward's interest expense for the three months ended in Feb. 2024 was 円 -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-139 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. Money Forward's Operating Income for the three months ended in Feb. 2024 was 円 -993 Mil. Money Forward's Interest Expense for the three months ended in Feb. 2024 was 円 -35 Mil. Money Forward did not have earnings to cover the interest expense. 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.

Money Forward Interest Expense Historical Data

The historical data trend for Money Forward'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.

Money Forward Interest Expense Chart

Money Forward Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -28.52 -37.04 -48.33 -83.05 -131.48

Money Forward Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 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 -27.41 -36.60 -36.82 -30.65 -35.22

Money Forward 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-139 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.

Money Forward  (TSE:3994) 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.

Money Forward's Interest Expense for the three months ended in Feb. 2024 was 円-35 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円-993 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円21,273 Mil.

Money Forward's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Money Forward did not have earnings to cover the interest expense.

* 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.

Money Forward (TSE:3994) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Money Forward Inc (TSE:3994) » Definitions » Interest Expense
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Traded in Other Exchanges
MNYFF:USA 47D:Germany
Address
21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Website
https://corp.moneyforward.com
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.

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