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Taiyo Technolex Co (TSE:6663) Interest Expense : 円-10 Mil (TTM As of Mar. 2024)


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What is Taiyo Technolex Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiyo Technolex Co's interest expense for the three months ended in Mar. 2024 was 円 -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-10 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. Taiyo Technolex Co's Operating Income for the three months ended in Mar. 2024 was 円 2 Mil. Taiyo Technolex Co's Interest Expense for the three months ended in Mar. 2024 was 円 -2 Mil. Taiyo Technolex Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.73. 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.


Taiyo Technolex Co Interest Expense Historical Data

The historical data trend for Taiyo Technolex 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.

Taiyo Technolex Co Interest Expense Chart

Taiyo Technolex Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.07 -9.74 -10.07 -9.69 -9.60

Taiyo Technolex 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 -2.38 -2.52 -2.46 -2.23 -2.41

Taiyo Technolex 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-10 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.


Taiyo Technolex Co  (TSE:6663) 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.

Taiyo Technolex Co's Interest Expense for the three months ended in Mar. 2024 was 円-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円389 Mil.

Taiyo Technolex Co'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*1.768/-2.412
=0.73

* 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.


Taiyo Technolex Co (TSE:6663) Business Description

Traded in Other Exchanges
N/A
Address
661, Arimoto, Wakayama, JPN, 640-8390
Taiyo Technolex Co Ltd is a contract manufacturer in Japan. The company is involved in manufacture engraving and plating of various printing rolls, manufacture, engraving and plating of other rolls Manufacture and engraving of various stencils manufacture and processing of various building materials Sales of equipment related to the preceding items and manufacture and sale of various interior-related products.

Taiyo Technolex Co (TSE:6663) Headlines

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