Nissan Motor Co (TSE:7201) Interest Expense : 円-76,540 Mil (TTM As of Dec. 2024)

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What is Nissan Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nissan Motor Co's interest expense for the three months ended in Dec. 2024 was 円 -19,874 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was 円-76,540 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. Nissan Motor Co's Operating Income for the three months ended in Dec. 2024 was 円 31,102 Mil. Nissan Motor Co's Interest Expense for the three months ended in Dec. 2024 was 円 -19,874 Mil. Nissan Motor Co's Interest Coverage for the quarter that ended in Dec. 2024 was 1.56. 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.

Nissan Motor Co Interest Expense Historical Data

The historical data trend for Nissan Motor 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.

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Nissan Motor Co Interest Expense Chart

Nissan Motor Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-10,874.00

-36,483.00

-55,949.00

-63,045.00

-78,032.00

Nissan Motor Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-20,219.00	-18,912.00	-19,282.00	-18,472.00	-19,874.00

Nissan Motor 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-76,540 Mil.

Nissan Motor Co (TSE:7201) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nissan Motor Co's Interest Expense for the three months ended in Dec. 2024 was 円-19,874 Mil. Its Operating Income for the three months ended in Dec. 2024 was 円31,102 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was 円5,025,041 Mil.

Nissan Motor Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	31102	/	-19874
	=	1.56

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nissan Motor Co Ltd interest coverage is 2.02, which is low.

Nissan Motor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nissan Motor Co Ltd (TSE:7201) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NSANY:USA NSANF:USA NISA:Germany NISA:Austria

Address

1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686

Website

http://www.nissan-global.com

While Nissan sold 3.4 million vehicles last fiscal year, total calendar 2023 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 11.2 million, Volkswagen at 9.2 million, and Hyundai/Kia with 7.3 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Under a new alliance agreement, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company. Renault holds the remaining stake in Nissan through a French trust where the voting rights of such shares are "neutralized" for "most decisions" but retain the economic benefit.

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