Aichi Steel (TSE:5482) Interest Expense : 円-771 Mil (TTM As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Aichi Steel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aichi Steel's interest expense for the three months ended in Mar. 2024 was 円 -250 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-771 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. Aichi Steel's Operating Income for the three months ended in Mar. 2024 was 円 1,533 Mil. Aichi Steel's Interest Expense for the three months ended in Mar. 2024 was 円 -250 Mil. Aichi Steel's Interest Coverage for the quarter that ended in Mar. 2024 was 6.13. 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.

Aichi Steel Interest Expense Historical Data

The historical data trend for Aichi Steel'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.

Aichi Steel Interest Expense Chart

Aichi Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-154.00

-293.00

-247.00

-332.00

-548.00

Aichi Steel 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															-107.00	-94.00	-98.00	-329.00	-250.00

Aichi Steel 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-771 Mil.

Aichi Steel (TSE:5482) 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.

Aichi Steel's Interest Expense for the three months ended in Mar. 2024 was 円-250 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円1,533 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円58,076 Mil.

Aichi Steel'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	*	1533	/	-250
	=	6.13

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

Aichi Steel (TSE:5482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aichi Steel Corp (TSE:5482) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666

Website

http://www.aichi-steel.co.jp

Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

Aichi Steel (TSE:5482) Headlines

No Headlines