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Daikin Industries (TSE:6367) Interest Expense : 円-47,675 Mil (TTM As of Sep. 2024)


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What is Daikin Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daikin Industries's interest expense for the three months ended in Sep. 2024 was 円 -10,863 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-47,675 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. Daikin Industries's Operating Income for the three months ended in Sep. 2024 was 円 131,184 Mil. Daikin Industries's Interest Expense for the three months ended in Sep. 2024 was 円 -10,863 Mil. Daikin Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 12.08. 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.

Daikin Industries Interest Expense Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Interest Expense Chart

Daikin Industries 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 -11,008.00 -8,791.00 -8,824.00 -20,293.00 -44,900.00

Daikin Industries 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 -11,364.00 -11,832.00 -12,643.00 -12,337.00 -10,863.00

Daikin Industries 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-47,675 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.

Daikin Industries  (TSE:6367) 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.

Daikin Industries's Interest Expense for the three months ended in Sep. 2024 was 円-10,863 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円131,184 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円420,094 Mil.

Daikin Industries'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*131184/-10863
=12.08

* 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.

Daikin Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (TSE:6367) » Definitions » Interest Expense
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Traded in Other Exchanges
DKILY:USA DKILF:USA DKIA:Germany DKI:Germany DKI:Germany DKI:Austria
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Website
http://www.daikin.com
Established in Osaka, Japan, in 1924, Daikin Industries is one of the world's largest residential and commercial heating, ventilation, and air conditioning product and service companies. North America, Japan, China, and Europe are Daikin's four biggest markets, with North America accounting for over 30% of the company's revenue over the years. The air conditioning segment represents around 90% of Daikin's revenue and operating income, while chemicals and others account for the remaining 10%.

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