GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MCJ Co Ltd (TSE:6670) » Definitions » Interest Expense

MCJ Co (TSE:6670) Interest Expense : 円-279 Mil (TTM As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is MCJ Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MCJ Co's interest expense for the three months ended in Dec. 2023 was 円 -95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-279 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. MCJ Co's Operating Income for the three months ended in Dec. 2023 was 円 4,500 Mil. MCJ Co's Interest Expense for the three months ended in Dec. 2023 was 円 -95 Mil. MCJ Co's Interest Coverage for the quarter that ended in Dec. 2023 was 47.37. 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.


MCJ Co Interest Expense Historical Data

The historical data trend for MCJ 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.

MCJ Co Interest Expense Chart

MCJ 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 -111.00 -74.00 -62.00 -83.00 -279.00

MCJ 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 -26.00 -19.00 -69.00 -95.00 -96.00

MCJ 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-279 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.


MCJ Co  (TSE:6670) 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.

MCJ Co's Interest Expense for the three months ended in Dec. 2023 was 円-95 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円4,500 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円6,178 Mil.

MCJ 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*4500/-95
=47.37

* 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. MCJ Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


MCJ Co (TSE:6670) Business Description

Traded in Other Exchanges
N/A
Address
6-9-21 Midori-cho, Kasukabe, JPN
MCJ Co Ltd is engaged in PC manufacturing business. It also manufactures monitors and distributes PC peripherals, as well as engages in publishing business.

MCJ Co (TSE:6670) Headlines

No Headlines