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Tay Two Co (TSE:7610) Interest Expense : 円-23 Mil (TTM As of Aug. 2024)


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What is Tay Two Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tay Two Co's interest expense for the three months ended in Aug. 2024 was 円 -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was 円-23 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. Tay Two Co's Operating Income for the three months ended in Aug. 2024 was 円 177 Mil. Tay Two Co's Interest Expense for the three months ended in Aug. 2024 was 円 -7 Mil. Tay Two Co's Interest Coverage for the quarter that ended in Aug. 2024 was 26.17. 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.


Tay Two Co Interest Expense Historical Data

The historical data trend for Tay Two 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.

Tay Two Co Interest Expense Chart

Tay Two Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.49 -24.55 -21.63 -22.56 -20.18

Tay Two Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -5.26 -4.86 -5.41 -5.93 -6.75

Tay Two 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-23 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.


Tay Two Co  (TSE:7610) 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.

Tay Two Co's Interest Expense for the three months ended in Aug. 2024 was 円-7 Mil. Its Operating Income for the three months ended in Aug. 2024 was 円177 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was 円1,565 Mil.

Tay Two Co's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2024 )/Interest Expense (Q: Aug. 2024 )
=-1*176.617/-6.75
=26.17

* 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.


Tay Two Co Business Description

Traded in Other Exchanges
N/A
Address
650-111 Imamura, Kita-ku, Okayama, JPN, 700-0974
Tay Two Co Ltd is engaged in the sale and purchase of shops that provide inexpensive entertainment, household game software, trading cards, CDs and DVD, and their rental work.

Tay Two Co Headlines

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