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Nippon Paint Holdings Co (TSE:4612) Interest Expense : 円-15,456 Mil (TTM As of Mar. 2024)


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What is Nippon Paint Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Paint Holdings Co's interest expense for the three months ended in Mar. 2024 was 円 -4,318 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-15,456 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. Nippon Paint Holdings Co's Operating Income for the three months ended in Mar. 2024 was 円 42,665 Mil. Nippon Paint Holdings Co's Interest Expense for the three months ended in Mar. 2024 was 円 -4,318 Mil. Nippon Paint Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 was 9.88. 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.


Nippon Paint Holdings Co Interest Expense Historical Data

The historical data trend for Nippon Paint Holdings 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.

Nippon Paint Holdings Co Interest Expense Chart

Nippon Paint Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,729.00 -5,973.00 -5,934.00 -11,806.00 -14,397.00

Nippon Paint Holdings Co 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 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 -3,258.00 -2,909.00 -6,074.00 -2,155.00 -4,318.00

Nippon Paint Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-15,456 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.


Nippon Paint Holdings Co  (TSE:4612) 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.

Nippon Paint Holdings Co's Interest Expense for the three months ended in Mar. 2024 was 円-4,318 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円42,665 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円609,758 Mil.

Nippon Paint Holdings Co'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*42665/-4318
=9.88

* 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.


Nippon Paint Holdings Co (TSE:4612) Business Description

Traded in Other Exchanges
Address
2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.

Nippon Paint Holdings Co (TSE:4612) Headlines

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