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Shindengen Electric Manufacturing Co (TSE:6844) Interest Expense : 円-290 Mil (TTM As of Dec. 2023)


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What is Shindengen Electric Manufacturing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shindengen Electric Manufacturing Co's interest expense for the three months ended in Dec. 2023 was 円 -86 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-290 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. Shindengen Electric Manufacturing Co's Operating Income for the three months ended in Dec. 2023 was 円 626 Mil. Shindengen Electric Manufacturing Co's Interest Expense for the three months ended in Dec. 2023 was 円 -86 Mil. Shindengen Electric Manufacturing Co's Interest Coverage for the quarter that ended in Dec. 2023 was 7.28. 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.


Shindengen Electric Manufacturing Co Interest Expense Historical Data

The historical data trend for Shindengen Electric Manufacturing 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.

Shindengen Electric Manufacturing Co Interest Expense Chart

Shindengen Electric Manufacturing 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 -199.00 -216.00 -245.00 -253.00 -290.00

Shindengen Electric Manufacturing 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 -66.00 -62.00 -60.00 -86.00 -82.00

Shindengen Electric Manufacturing 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-290 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.


Shindengen Electric Manufacturing Co  (TSE:6844) 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.

Shindengen Electric Manufacturing Co's Interest Expense for the three months ended in Dec. 2023 was 円-86 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円626 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円33,056 Mil.

Shindengen Electric Manufacturing 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*626/-86
=7.28

* 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.


Shindengen Electric Manufacturing Co (TSE:6844) Business Description

Traded in Other Exchanges
N/A
Address
New-Ohtemachi Building, 2-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.

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