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WingArc1st (TSE:4432) Interest Expense : 円-113 Mil (TTM As of May. 2024)


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What is WingArc1st Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WingArc1st's interest expense for the three months ended in May. 2024 was 円 -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was 円-113 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. WingArc1st's Operating Income for the three months ended in May. 2024 was 円 2,414 Mil. WingArc1st's Interest Expense for the three months ended in May. 2024 was 円 -20 Mil. WingArc1st's Interest Coverage for the quarter that ended in May. 2024 was 120.69. 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.


WingArc1st Interest Expense Historical Data

The historical data trend for WingArc1st'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.

WingArc1st Interest Expense Chart

WingArc1st Annual Data
Trend Feb17 Feb18 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial -186.92 -150.02 -129.53 -158.09 -128.24

WingArc1st Quarterly Data
Feb18 Nov18 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -34.74 -31.07 -20.72 -41.71 -20.00

WingArc1st 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-113 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.


WingArc1st  (TSE:4432) 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.

WingArc1st's Interest Expense for the three months ended in May. 2024 was 円-20 Mil. Its Operating Income for the three months ended in May. 2024 was 円2,414 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was 円8,534 Mil.

WingArc1st's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2024 )/Interest Expense (Q: May. 2024 )
=-1*2413.707/-20
=120.69

* 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.


WingArc1st Business Description

Traded in Other Exchanges
N/A
Address
Roppongi Grand Tower, 3-2-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6235
WingArc1st Inc offers software and services that enable customers to effectively use and obtain strategic insights from their data. The company's core products are SVF (Enterprise Output Management), Dr.Sum/ MotionBoard (Business Intelligence) and VyNDEX (CRM).

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