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Jamco (TSE:7408) Interest Expense : 円-1,785 Mil (TTM As of Sep. 2024)


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What is Jamco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jamco's interest expense for the three months ended in Sep. 2024 was 円 -473 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-1,785 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. Jamco's Operating Income for the three months ended in Sep. 2024 was 円 1,316 Mil. Jamco's Interest Expense for the three months ended in Sep. 2024 was 円 -473 Mil. Jamco's Interest Coverage for the quarter that ended in Sep. 2024 was 2.78. 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.

Jamco Interest Expense Historical Data

The historical data trend for Jamco'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.

Jamco Interest Expense Chart

Jamco 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 -421.68 -394.10 -569.50 -1,194.59 -1,600.15

Jamco 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 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 -410.61 -409.78 -449.37 -473.40 -452.35

Jamco 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-1,785 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.

Jamco  (TSE:7408) 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.

Jamco's Interest Expense for the three months ended in Sep. 2024 was 円-473 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円1,316 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円1,260 Mil.

Jamco's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1316.148/-473.399
=2.78

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jamco Corp interest coverage is 3.17, which is low.

Jamco Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Jamco Corp (TSE:7408) » Definitions » Interest Expense
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TSE:5595 TSE:278A TSE:7018 TSE:7409 TSE:7022 TSE:186A TSE:6022 TSE:326A TSE:7014 TSE:290A GE RTX BA XPAR:AIR LMT XPAR:SAF LSE:RR. TDG GD XTER:RHM
Traded in Other Exchanges
N/A
Address
1-100 Takamatsu-cho, Tachikawa, Tokyo, JPN, 190-0011
Website
https://www.jamco.co.jp
Jamco Corp is a Japan-based aircraft engine and engine parts company. Its business divisions include Aircraft Interiors Business, Aircraft Seat Business, Aircraft Components Business and Aircraft Maintenance Business. Aircraft Interiors Business mainly engages in the manufacturing and sales of products including galleys and lavatories for passenger aircraft. Aircraft Seat Business primarily engages in manufacturing and sales of products including passenger aircraft seats. Aircraft Components Business engages in manufacturing and sales primarily of heat exchangers, aircraft equipment. Aircraft Maintenance Business conducts operations such as maintenance and alteration of regional jets, medium and small-sized aircrafts and helicopters, as well as repairs of equipment for these aircrafts.

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