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Japan Lifeline Co (TSE:7575) Interest Expense : 円-26 Mil (TTM As of Dec. 2023)


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What is Japan Lifeline Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Lifeline Co's interest expense for the three months ended in Dec. 2023 was 円 -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-26 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. Japan Lifeline Co's Operating Income for the three months ended in Dec. 2023 was 円 2,978 Mil. Japan Lifeline Co's Interest Expense for the three months ended in Dec. 2023 was 円 -6 Mil. Japan Lifeline Co's Interest Coverage for the quarter that ended in Dec. 2023 was 496.33. 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.


Japan Lifeline Co Interest Expense Historical Data

The historical data trend for Japan Lifeline 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.

* Premium members only.

Japan Lifeline Co Interest Expense Chart

Japan Lifeline Co 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 -141.00 -183.00 -76.00 -34.00 -26.00

Japan Lifeline Co 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 -8.00 -7.00 -7.00 -6.00 -6.00

Japan Lifeline 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-26 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.


Japan Lifeline Co  (TSE:7575) 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.

Japan Lifeline Co's Interest Expense for the three months ended in Dec. 2023 was 円-6 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円2,978 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円185 Mil.

Japan Lifeline 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*2978/-6
=496.33

* 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. Japan Lifeline Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Japan Lifeline Co (TSE:7575) Business Description

Traded in Other Exchanges
N/A
Address
2-2-20, Higashishinagawa, Tennoz Ocean Square, 25th Floor, Shinagawa-ku, Tokyo, JPN, 140-0002
Japan Lifeline Co Ltd is a medical device company operating in Japan. It is engaged in the trading and manufacturing of medical devices specialized in the cardiovascular field. The company offers medical devices mainly for the treatment of cardiac and vascular diseases. It focuses on providing implantable devices to treat arrhythmias; disposable catheter devices with electrodes for diagnosis and treatment of arrhythmias; prosthetic devices to replace blood vessels and heart valves that lost their functions; and devices for intravascular treatment of cardiac infarction, arterial occlusions of the lower extremities and congenital cardiac diseases.

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