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Solize (TSE:5871) Interest Expense : 円 Mil (TTM As of Dec. 2023)


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What is Solize Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solize's interest expense for the six months ended in Dec. 2023 was 円 -6 Mil. Solize does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Solize's Operating Income for the six months ended in Dec. 2023 was 円 886 Mil. Solize's Interest Expense for the six months ended in Dec. 2023 was 円 -6 Mil. Solize's Interest Coverage for the quarter that ended in Dec. 2023 was 147.67. 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.


Solize Interest Expense Historical Data

The historical data trend for Solize'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.

Solize Interest Expense Chart

Solize Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-7.00 -7.00 -6.00

Solize Semi-Annual Data
Dec21 Dec22 Dec23
Interest Expense -7.00 -7.00 -6.00

Solize Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Solize  (TSE:5871) 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.

Solize's Interest Expense for the six months ended in Dec. 2023 was 円-6 Mil. Its Operating Income for the six months ended in Dec. 2023 was 円886 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was 円0 Mil.

Solize's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*886/-6
=147.67

* 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.

Good Sign:

Solize Corp has no debt.


Solize (TSE:5871) Business Description

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Traded in Other Exchanges
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Address
6-3, Sanban-cho, Sanban-cho UF Building 3rd Floor, Chiyoda-ku, Chiyoda-ku, JPN, 102-0075
Solize Corp provides 3D CAD Engineering Services, CAE Engineering Services, MBD Engineering Services and 3D Printing Engineering Services. The company provides consistent support from specification review to data creation, manufacturing, secondary processing, and inspection. In addition to 3D printing, It also handles cutting, sheet metal processing, casting, casting, injection molding, and more, providing a wide range of services tailored to delivery dates and budgets.

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