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Seiwa Electric Mfg Co (TSE:6748) Interest Expense : 円-34 Mil (TTM As of Jun. 2024)


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What is Seiwa Electric Mfg Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seiwa Electric Mfg Co's interest expense for the three months ended in Jun. 2024 was 円 -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was 円-34 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. Seiwa Electric Mfg Co's Operating Income for the three months ended in Jun. 2024 was 円 49 Mil. Seiwa Electric Mfg Co's Interest Expense for the three months ended in Jun. 2024 was 円 -9 Mil. Seiwa Electric Mfg Co's Interest Coverage for the quarter that ended in Jun. 2024 was 5.54. 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.


Seiwa Electric Mfg Co Interest Expense Historical Data

The historical data trend for Seiwa Electric Mfg 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.

Seiwa Electric Mfg Co Interest Expense Chart

Seiwa Electric Mfg Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.43 -45.02 -44.61 -48.58 -57.55

Seiwa Electric Mfg Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -9.72 -7.07 -8.29 -10.27 -8.85

Seiwa Electric Mfg 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-34 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.


Seiwa Electric Mfg Co  (TSE:6748) 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.

Seiwa Electric Mfg Co's Interest Expense for the three months ended in Jun. 2024 was 円-9 Mil. Its Operating Income for the three months ended in Jun. 2024 was 円49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was 円548 Mil.

Seiwa Electric Mfg Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*49.022/-8.852
=5.54

* 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.


Seiwa Electric Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
36 Pond, Teradashin, Joyo, Kyoto, JPN
Seiwa Electric Mfg Co Ltd manufactures electronic components in Japan. Its products include an Information display system, road and tunnel lighting fixtures for the industrial segment, LED lighting products, noise protection products, and wiring protection solutions.

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