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Furuno Electric Co (TSE:6814) Interest Expense : 円-155 Mil (TTM As of Aug. 2024)


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What is Furuno Electric Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Furuno Electric Co's interest expense for the three months ended in Aug. 2024 was 円 -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was 円-155 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. Furuno Electric Co's Operating Income for the three months ended in Aug. 2024 was 円 4,670 Mil. Furuno Electric Co's Interest Expense for the three months ended in Aug. 2024 was 円 -45 Mil. Furuno Electric Co's Interest Coverage for the quarter that ended in Aug. 2024 was 103.78. 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.


Furuno Electric Co Interest Expense Historical Data

The historical data trend for Furuno Electric 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.

Furuno Electric Co Interest Expense Chart

Furuno Electric Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -100.00 -91.00 -81.00 -104.00 -132.00

Furuno Electric Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -29.00 -40.00 -32.00 -38.00 -45.00

Furuno Electric 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-155 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.


Furuno Electric Co  (TSE:6814) 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.

Furuno Electric Co's Interest Expense for the three months ended in Aug. 2024 was 円-45 Mil. Its Operating Income for the three months ended in Aug. 2024 was 円4,670 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was 円8,703 Mil.

Furuno Electric Co's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2024 )/Interest Expense (Q: Aug. 2024 )
=-1*4670/-45
=103.78

* 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.


Furuno Electric Co Business Description

Traded in Other Exchanges
N/A
Address
9-52 Ashihara-cho, Hyogo Prefecture, Nishinomiya City, JPN
Furuno Electric Co Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.

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