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Hosokawa Micron (TSE:6277) Interest Expense : 円-23 Mil (TTM As of Mar. 2024)


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What is Hosokawa Micron Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hosokawa Micron's interest expense for the three months ended in Mar. 2024 was 円 -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-23 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. Hosokawa Micron's Operating Income for the three months ended in Mar. 2024 was 円 2,208 Mil. Hosokawa Micron's Interest Expense for the three months ended in Mar. 2024 was 円 -4 Mil. Hosokawa Micron's Interest Coverage for the quarter that ended in Mar. 2024 was 552.00. 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.


Hosokawa Micron Interest Expense Historical Data

The historical data trend for Hosokawa Micron'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.

Hosokawa Micron Interest Expense Chart

Hosokawa Micron Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.00 -28.00 -37.00 -39.00 -17.00

Hosokawa Micron Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.00 -3.00 -10.00 -6.00 -4.00

Hosokawa Micron 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-23 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.


Hosokawa Micron  (TSE:6277) 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.

Hosokawa Micron's Interest Expense for the three months ended in Mar. 2024 was 円-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円2,208 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円1,373 Mil.

Hosokawa Micron's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2208/-4
=552.00

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


Hosokawa Micron (TSE:6277) Business Description

Traded in Other Exchanges
N/A
Address
1-9, Shodaitadika, Hirakata-shi, Osaka, JPN, 573-1132
Hosokawa Micron Corp is a Japan based provider of process solutions in the field of powder and particle processing technology, blown film technology, and confectionery technology. The company's products have applications in nanoparticle technology and particle design, clean air and containment and environmental protection technology, toll processing and contract manufacturing, blown film technology and material business. Additionally, it also offers solutions to various industries such as energy, automobile, chemicals, minerals, pharmaceuticals, food and polymer drying and metal. The company has a business presence in Japan and other countries.

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