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ERI HOLDINGS Co (TSE:6083) Interest Expense : 円-17 Mil (TTM As of May. 2024)


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What is ERI HOLDINGS Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ERI HOLDINGS Co's interest expense for the three months ended in May. 2024 was 円 -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was 円-17 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. ERI HOLDINGS Co's Operating Income for the three months ended in May. 2024 was 円 487 Mil. ERI HOLDINGS Co's Interest Expense for the three months ended in May. 2024 was 円 -4 Mil. ERI HOLDINGS Co's Interest Coverage for the quarter that ended in May. 2024 was 136.43. 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.

ERI HOLDINGS Co Interest Expense Historical Data

The historical data trend for ERI HOLDINGS 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.

ERI HOLDINGS Co Interest Expense Chart

ERI HOLDINGS Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.46 -8.38 -8.39 -13.78 -16.55

ERI HOLDINGS Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -3.63 -5.07 -4.00 -3.91 -3.57

ERI HOLDINGS 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-17 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.

ERI HOLDINGS Co  (TSE:6083) 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.

ERI HOLDINGS Co's Interest Expense for the three months ended in May. 2024 was 円-4 Mil. Its Operating Income for the three months ended in May. 2024 was 円487 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was 円1,662 Mil.

ERI HOLDINGS Co's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2024 )/Interest Expense (Q: May. 2024 )
=-1*486.631/-3.567
=136.43

* 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. ERI HOLDINGS Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

ERI HOLDINGS Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ERI HOLDINGS Co Ltd (TSE:6083) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
8-10-24 Akasaka, Minato-ku, 5th Floor, Tokyo, JPN, 107-0052
Website
https://www.h-eri.co.jp
ERI HOLDINGS Co Ltd is engaged in providing business services. The business of the company includes confirmation inspection business based on building confirmation and building standard law, housing performance evaluation and related business, and solution business during construction which include due diligence and technical review.

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