Topy Industries (TSE:7231) Interest Expense : 円-880 Mil (TTM As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Topy Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Topy Industries's interest expense for the three months ended in Dec. 2023 was 円 -219 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-880 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. Topy Industries's Operating Income for the three months ended in Dec. 2023 was 円 4,984 Mil. Topy Industries's Interest Expense for the three months ended in Dec. 2023 was 円 -219 Mil. Topy Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 22.76. 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.

Topy Industries Interest Expense Historical Data

The historical data trend for Topy Industries'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.

Topy Industries Interest Expense Chart

Topy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-669.00

-609.00

-520.00

-500.00

-768.00

Topy Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-217.00	-212.00	-240.00	-209.00	-219.00

Topy Industries 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-880 Mil.

Topy Industries (TSE:7231) 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.

Topy Industries's Interest Expense for the three months ended in Dec. 2023 was 円-219 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円4,984 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円55,581 Mil.

Topy Industries'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	*	4984	/	-219
	=	22.76

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

Topy Industries (TSE:7231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Topy Industries Ltd (TSE:7231) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Art Village Osaki Central Tower, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8634

Website

http://www.topy.co.jp

Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.

Topy Industries (TSE:7231) Headlines

No Headlines