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Nihon Kohden (TSE:6849) Interest Expense : 円-24 Mil (TTM As of Mar. 2024)


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What is Nihon Kohden Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nihon Kohden's interest expense for the three months ended in Mar. 2024 was 円 -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-24 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. Nihon Kohden's Operating Income for the three months ended in Mar. 2024 was 円 9,076 Mil. Nihon Kohden's Interest Expense for the three months ended in Mar. 2024 was 円 -16 Mil. Nihon Kohden's Interest Coverage for the quarter that ended in Mar. 2024 was 567.25. 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.


Nihon Kohden Interest Expense Historical Data

The historical data trend for Nihon Kohden'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.

Nihon Kohden Interest Expense Chart

Nihon Kohden 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 -10.00 -8.00 -11.00 -10.00 -24.00

Nihon Kohden 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 -5.00 -3.00 -4.00 -1.00 -16.00

Nihon Kohden 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-24 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.


Nihon Kohden  (TSE:6849) 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.

Nihon Kohden's Interest Expense for the three months ended in Mar. 2024 was 円-16 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円9,076 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円39 Mil.

Nihon Kohden'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*9076/-16
=567.25

* 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. Nihon Kohden Corp has enough cash to cover all of its debt. Its financial situation is stable.


Nihon Kohden (TSE:6849) Business Description

Traded in Other Exchanges
Address
31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, JPN, 1618560
Nihon Kohden Corp manufactures electronic medical equipment. The firm operates in four categories: physiological measuring equipment, treatment equipment, patient monitors, and other medical equipment. The patient monitors segment contributes the largest proportion of revenue and includes continuous monitoring instruments and clinical information systems. The physiological measuring equipment segment sells electroencephalographs, electrocardiographs, and diagnostic information systems. The treatment equipment segment sells defibrillators, pacemakers, ventilators, and related consumables. The other medical equipment segment sells automated hematology analyzers, ultrasound diagnostic equipment, and other laboratory equipment. Nihon Kohden generates the majority of its revenue in Japan.

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