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Nippon Pillar Packing Co (TSE:6490) Interest Expense : 円-45 Mil (TTM As of Dec. 2023)


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What is Nippon Pillar Packing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Pillar Packing Co's interest expense for the three months ended in Dec. 2023 was 円 -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-45 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. Nippon Pillar Packing Co's Operating Income for the three months ended in Dec. 2023 was 円 3,708 Mil. Nippon Pillar Packing Co's Interest Expense for the three months ended in Dec. 2023 was 円 -10 Mil. Nippon Pillar Packing Co's Interest Coverage for the quarter that ended in Dec. 2023 was 370.80. 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.

Nippon Pillar Packing Co Interest Expense Historical Data

The historical data trend for Nippon Pillar Packing 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.

Nippon Pillar Packing Co Interest Expense Chart

Nippon Pillar Packing Co 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 -4.00 -3.00 -4.00 -4.00 -45.00

Nippon Pillar Packing Co 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 -2.00 -4.00 -6.00 -10.00 -25.00

Nippon Pillar Packing 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-45 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.

Nippon Pillar Packing Co  (TSE:6490) 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.

Nippon Pillar Packing Co's Interest Expense for the three months ended in Dec. 2023 was 円-10 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,708 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円11,050 Mil.

Nippon Pillar Packing 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*3708/-10
=370.80

* 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.

Nippon Pillar Packing Co (TSE:6490) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Pillar Packing Co Ltd (TSE:6490) » Definitions » Interest Expense
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Traded in Other Exchanges
NLLRF:USA
Address
7-1, Shinmachi 1-chome, Nishi-ku, Osaka, JPN, 550-0013
Website
https://www.pillar.co.jp
Nippon Pillar Packing Co Ltd is a Japan-based company engaged in the manufacturing and sale of fluid control related equipment products. The firm develops seal and material technologies that stop leakage of various industrial machines. Its product offerings include mechanical seal, gland packing, gasket, fluorine resin fluid control product, pillaflon and civil engineering related products. Nippon serves to power, petrochemical, oil and gas, automobile, semiconductor, communication and civil construction industries.

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