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Tatsuta Electric Wire and Cable Co (TSE:5809) Interest Expense : 円-9 Mil (TTM As of Mar. 2024)


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What is Tatsuta Electric Wire and Cable Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tatsuta Electric Wire and Cable Co's interest expense for the three months ended in Mar. 2024 was 円 -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-9 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. Tatsuta Electric Wire and Cable Co's Operating Income for the three months ended in Mar. 2024 was 円 454 Mil. Tatsuta Electric Wire and Cable Co's Interest Expense for the three months ended in Mar. 2024 was 円 -3 Mil. Tatsuta Electric Wire and Cable Co's Interest Coverage for the quarter that ended in Mar. 2024 was 151.33. 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.


Tatsuta Electric Wire and Cable Co Interest Expense Historical Data

The historical data trend for Tatsuta Electric Wire and Cable 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.

Tatsuta Electric Wire and Cable Co Interest Expense Chart

Tatsuta Electric Wire and Cable Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.00 -6.00 -6.00 -8.00 -9.00

Tatsuta Electric Wire and Cable Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -2.00 -2.00 -2.00 -3.00 -2.00

Tatsuta Electric Wire and Cable 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-9 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.


Tatsuta Electric Wire and Cable Co  (TSE:5809) 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.

Tatsuta Electric Wire and Cable Co's Interest Expense for the three months ended in Mar. 2024 was 円-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円454 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円0 Mil.

Tatsuta Electric Wire and Cable 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*454/-3
=151.33

* 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.


Tatsuta Electric Wire and Cable Co Business Description

Traded in Other Exchanges
N/A
Address
2-3-1 Iwata-cho, Osaka Prefecture, Higashiosaka, JPN, 578-8585
Tatsuta Electric Wire and Cable Co Ltd engage in the manufacture and sale of cables, electric wires, device system and optical products, electronic equipment and materials. It produces bare wires, covered wires, power cables, communication cables, accessories, and fittings. The electronic materials unit offers conductive materials and bonding wires. Its offerings include equipment system products business, optical components business, and environmental analysis business.

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