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Nissei Plastic Industrial Co (TSE:6293) Interest Expense : 円-158 Mil (TTM As of Dec. 2023)


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What is Nissei Plastic Industrial Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nissei Plastic Industrial Co's interest expense for the three months ended in Dec. 2023 was 円 -51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-158 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. Nissei Plastic Industrial Co's Operating Income for the three months ended in Dec. 2023 was 円 790 Mil. Nissei Plastic Industrial Co's Interest Expense for the three months ended in Dec. 2023 was 円 -51 Mil. Nissei Plastic Industrial Co's Interest Coverage for the quarter that ended in Dec. 2023 was 15.49. 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.


Nissei Plastic Industrial Co Interest Expense Historical Data

The historical data trend for Nissei Plastic Industrial 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.

Nissei Plastic Industrial Co Interest Expense Chart

Nissei Plastic Industrial 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 -3.00 -8.00 -200.00 -161.00 -121.00

Nissei Plastic Industrial 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 -36.00 -27.00 -40.00 -40.00 -51.00

Nissei Plastic Industrial 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-158 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.


Nissei Plastic Industrial Co  (TSE:6293) 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.

Nissei Plastic Industrial Co's Interest Expense for the three months ended in Dec. 2023 was 円-51 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円790 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円8,573 Mil.

Nissei Plastic Industrial 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*790/-51
=15.49

* 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.


Nissei Plastic Industrial Co (TSE:6293) Business Description

Traded in Other Exchanges
Address
2110 Minamijo, Nagano-ken, Hanishina-gun, Sakaki-machi, JPN, 389-0693
Nissei Plastic Industrial Co Ltd develops, manufactures, and sells injection molding machines, molds, composite materials, auto-molding systems, measuring instruments. It offers hybrid and electric horizontal injection molding machines; hybrid and electric vertical injection molding machines, and hybrid compact vertical injection molding machines; hybrid and electric 2-color/dissimilar material molding machines; nitrogen gas generators; quality/production control systems; and molding data collecting/recording/analyzing systems.

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