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Extreme Co (TSE:6033) Interest Expense : 円-3 Mil (TTM As of Dec. 2023)


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What is Extreme Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Extreme Co's interest expense for the three months ended in Dec. 2023 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-3 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. Extreme Co's Operating Income for the three months ended in Dec. 2023 was 円 249 Mil. Extreme Co's Interest Expense for the three months ended in Dec. 2023 was 円 -1 Mil. Extreme Co's Interest Coverage for the quarter that ended in Dec. 2023 was 327.18. 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.


Extreme Co Interest Expense Historical Data

The historical data trend for Extreme 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.

Extreme Co Interest Expense Chart

Extreme Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.65 -3.02 -2.19 -1.67 -1.98

Extreme Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.62 -0.77 -0.59 -0.78 -0.76

Extreme 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-3 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.


Extreme Co  (TSE:6033) 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.

Extreme Co's Interest Expense for the three months ended in Dec. 2023 was 円-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円249 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円27 Mil.

Extreme Co'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*248.981/-0.761
=327.18

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. Extreme Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Extreme Co (TSE:6033) Business Description

Traded in Other Exchanges
N/A
Address
Metropolitan Plaza building, 21st Floor, 1-11-1, Nishiikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Extreme Co Ltd is engaged in the design and development of game and digital contents. The company's clients vary from financial companies, government offices, communication enterprises and to mobile game publishers. It provides personal computer online, smart phone and other game services, which include game services, license service and collaboration development service.

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