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CTS Co (TSE:4345) Interest Expense : 円-42 Mil (TTM As of Sep. 2024)


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What is CTS Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CTS Co's interest expense for the three months ended in Sep. 2024 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-42 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. CTS Co's Operating Income for the three months ended in Sep. 2024 was 円 0 Mil. CTS Co's Interest Expense for the three months ended in Sep. 2024 was 円 0 Mil. GuruFocus does not calculate CTS Co's interest coverage with the available data. 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.


CTS Co Interest Expense Historical Data

The historical data trend for CTS 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.

* Premium members only.

CTS Co Interest Expense Chart

CTS Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.00 -43.00 -48.00 -48.00 -42.00

CTS Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 -10.00 -11.00 -11.00 -10.00 -

CTS 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-42 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.


CTS Co  (TSE:4345) 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.

CTS Co's Interest Expense for the three months ended in Sep. 2024 was 円0 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円1,028 Mil.

CTS Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

GuruFocus does not calculate CTS Co's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CTS Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


CTS Co Business Description

Traded in Other Exchanges
N/A
Address
115 Kuriyasu, Nagano Prefecture, Ueda, JPN
CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company offers products and services on rental basis specialized in the industry such as system equipment and communication lines. Its product offerings include cloud solution, color multi-function machine, inkjet printer, network cameras, personal computers equipped with functions suitable for the application, focusing on business models, among others.

CTS Co Headlines

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