Aida Engineering (TSE:6118) Interest Expense : 円-80 Mil (TTM As of Sep. 2024)

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What is Aida Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aida Engineering's interest expense for the three months ended in Sep. 2024 was 円 -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-80 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. Aida Engineering's Operating Income for the three months ended in Sep. 2024 was 円 1,982 Mil. Aida Engineering's Interest Expense for the three months ended in Sep. 2024 was 円 -22 Mil. Aida Engineering's Interest Coverage for the quarter that ended in Sep. 2024 was 90.09. 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.

Aida Engineering Interest Expense Historical Data

The historical data trend for Aida Engineering'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.

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Aida Engineering Interest Expense Chart

Aida Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-31.00

-33.00

-18.00

-8.00

-45.00

Aida Engineering Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-11.00	-17.00	-20.00	-22.00	-21.00

Aida Engineering 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-80 Mil.

Aida Engineering (TSE:6118) 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.

Aida Engineering's Interest Expense for the three months ended in Sep. 2024 was 円-22 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円1,982 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円1,000 Mil.

Aida Engineering's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	1982	/	-22
	=	90.09

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. Aida Engineering Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Aida Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aida Engineering Ltd (TSE:6118) » Definitions » Interest Expense

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ADERY:USA

Address

2-10 Ohyama-cho, Sagamihara, JPN, 2291181

Website

http://www.aida.co.jp

Aida Engineering Ltd is a Japan-based company that manufactures, sells, and services press machines and their ancillary facilities. The company's principal products comprise general-purpose servo presses, midsize and large servo presses, precision forming presses, general-purpose presses, midsize and large presses, high-speed automatic presses, cold forging presses, transfer feeders, coil feeders, and tooling dies. The company's services include overhaul, preventative maintenance, press inspections, machine relocation, and others. The company generates sales in Japan, Asia, the Americas, and Europe.

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