Eiken Chemical Co (TSE:4549) Interest Expense : 円-17 Mil (TTM As of Sep. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Eiken Chemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eiken Chemical Co's interest expense for the three months ended in Sep. 2024 was 円 -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-17 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. Eiken Chemical Co's Operating Income for the three months ended in Sep. 2024 was 円 983 Mil. Eiken Chemical Co's Interest Expense for the three months ended in Sep. 2024 was 円 -4 Mil. Eiken Chemical Co's Interest Coverage for the quarter that ended in Sep. 2024 was 245.75. 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.

Eiken Chemical Co Interest Expense Historical Data

The historical data trend for Eiken Chemical 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.

Eiken Chemical Co Interest Expense Chart

Eiken Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-4.00

-2.00

-7.00

-16.00

-17.00

Eiken Chemical Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-4.00	-5.00	-4.00	-4.00	-4.00

Eiken Chemical 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-17 Mil.

Eiken Chemical Co (TSE:4549) 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.

Eiken Chemical Co's Interest Expense for the three months ended in Sep. 2024 was 円-4 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円983 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円3,000 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	983	/	-4
	=	245.75

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. Eiken Chemical Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Eiken Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eiken Chemical Co Ltd (TSE:4549) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408

Website

http://www.eiken.co.jp

Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.

Eiken Chemical Co Headlines

No Headlines