Avex (TSE:7860) Interest Expense : 円-6 Mil (TTM As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Avex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avex's interest expense for the three months ended in Dec. 2023 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-6 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. Avex's Operating Income for the three months ended in Dec. 2023 was 円 -589 Mil. Avex's Interest Expense for the three months ended in Dec. 2023 was 円 0 Mil. GuruFocus does not calculate Avex's interest coverage with the available data. 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.

Avex Interest Expense Historical Data

The historical data trend for Avex'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.

Avex Interest Expense Chart

Avex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-74.00

-88.00

-11.00

-9.00

-6.00

Avex 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															-1.00	-	-1.00	-	-5.00

Avex 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-6 Mil.

Avex (TSE:7860) 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.

Avex's Interest Expense for the three months ended in Dec. 2023 was 円0 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円-589 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円4 Mil.

Avex's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Avex's interest coverage with the available data.

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. Avex Inc has enough cash to cover all of its debt. Its financial situation is stable.

Avex (TSE:7860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avex Inc (TSE:7860) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AX8:Germany

Address

Avex Building, 3-30-3 Minami Aoyama, Minato-ku, Tokyo, JPN, 107-8577

Website

http://www.avex.co.jp

Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.

Avex (TSE:7860) Headlines

No Headlines