ARAYA INDUSTRIAL Co (TSE:7305) Interest Expense : 円-33 Mil (TTM As of Dec. 2023)

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What is ARAYA INDUSTRIAL Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ARAYA INDUSTRIAL Co's interest expense for the three months ended in Dec. 2023 was 円 -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-33 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. ARAYA INDUSTRIAL Co's Operating Income for the three months ended in Dec. 2023 was 円 563 Mil. ARAYA INDUSTRIAL Co's Interest Expense for the three months ended in Dec. 2023 was 円 -8 Mil. ARAYA INDUSTRIAL Co's Interest Coverage for the quarter that ended in Dec. 2023 was 70.38. 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.

ARAYA INDUSTRIAL Co Interest Expense Historical Data

The historical data trend for ARAYA INDUSTRIAL 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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ARAYA INDUSTRIAL Co Interest Expense Chart

ARAYA INDUSTRIAL Co Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-34.00

-29.00

-40.00

-35.00

-34.00

ARAYA INDUSTRIAL Co 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															-8.00	-9.00	-8.00	-8.00	-8.00

ARAYA INDUSTRIAL 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-33 Mil.

ARAYA INDUSTRIAL Co (TSE:7305) 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.

ARAYA INDUSTRIAL Co's Interest Expense for the three months ended in Dec. 2023 was 円-8 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円563 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円2,030 Mil.

ARAYA INDUSTRIAL 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	*	563	/	-8
	=	70.38

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

ARAYA INDUSTRIAL Co (TSE:7305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ARAYA INDUSTRIAL Co Ltd (TSE:7305) » Definitions » Interest Expense

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Address

12-12 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.araya-kk.co.jp

ARAYA INDUSTRIAL CO., Ltd. is engaged in the manufacturing and selling of high-quality, high-performance iron, stainless steel pipe and others by metal processing technology Roll Forming. Its product offering includes steel pipe, welfare equipment, rim for the bicycle, pipe cutting machine, pipe/sheet metal processing machine and other special purpose machines. The company's products are used in a wide range of fields including automobiles, motorcycles, bicycles, buildings, furniture, industrial machinery, welfare equipment, and logistics equipment.

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