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SMC (TSE:6273) Interest Expense : 円-98 Mil (TTM As of Sep. 2024)


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What is SMC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SMC's interest expense for the three months ended in Sep. 2024 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-98 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. SMC's Operating Income for the three months ended in Sep. 2024 was 円 47,142 Mil. SMC's Interest Expense for the three months ended in Sep. 2024 was 円 0 Mil. GuruFocus does not calculate SMC's interest coverage with the available data. 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.

SMC Interest Expense Historical Data

The historical data trend for SMC'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.

SMC Interest Expense Chart

SMC 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 -124.00 -174.00 -182.00 -105.00 -82.00

SMC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -56.00 -26.00 -16.00 -

SMC 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-98 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.

SMC  (TSE:6273) 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.

SMC's Interest Expense for the three months ended in Sep. 2024 was 円0 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円47,142 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円4,814 Mil.

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

GuruFocus does not calculate SMC's interest coverage with the available data.

* 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. SMC Corp has enough cash to cover all of its debt. Its financial situation is stable.

SMC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SMC Corp (TSE:6273) » Definitions » Interest Expense
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Address
4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Website
http://www.smcworld.com
SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

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