Nova System Co (TSE:5257) Interest Expense : 円-5 Mil (TTM As of Jun. 2024)

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What is Nova System Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nova System Co's interest expense for the three months ended in Jun. 2024 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was 円-5 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. Nova System Co's Operating Income for the three months ended in Jun. 2024 was 円 48 Mil. Nova System Co's Interest Expense for the three months ended in Jun. 2024 was 円 -1 Mil. Nova System Co's Interest Coverage for the quarter that ended in Jun. 2024 was 38.70. 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.

Nova System Co Interest Expense Historical Data

The historical data trend for Nova System 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.

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Nova System Co Interest Expense Chart

Nova System Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-11.74

-7.81

-6.76

-5.99

Nova System Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial					-1.46	-1.37	-1.53	-1.12	-1.25

Nova System 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-5 Mil.

Nova System Co (TSE:5257) 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.

Nova System Co's Interest Expense for the three months ended in Jun. 2024 was 円-1 Mil. Its Operating Income for the three months ended in Jun. 2024 was 円48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was 円442 Mil.

Nova System Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	48.256	/	-1.247
	=	38.70

The higher the ratio, the stronger the company's financial strength is.

Nova System Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nova System Co Ltd (TSE:5257) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

1-3-15 Edobori, Shinishihara Building 9th Floor, Nishi-ku, Osaka, Osaka-shi, JPN, 550-0002

Website

https://www.nova-system.com

Nova System Co Ltd is primarily involved in the system integration business mainly for the financial and insurance industry, medical care and cloud service business.

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