Nagase (TSE:8012) Interest Expense : 円-3,744 Mil (TTM As of Dec. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Nagase Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nagase's interest expense for the three months ended in Dec. 2023 was 円 -917 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-3,744 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. Nagase's Operating Income for the three months ended in Dec. 2023 was 円 8,537 Mil. Nagase's Interest Expense for the three months ended in Dec. 2023 was 円 -917 Mil. Nagase's Interest Coverage for the quarter that ended in Dec. 2023 was 9.31. 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.

Nagase Interest Expense Historical Data

The historical data trend for Nagase'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.

Nagase Interest Expense Chart

Nagase Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-1,355.00

-1,064.00

-1,176.00

-3,211.00

-3,744.00

Nagase 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															-1,067.00	-961.00	-963.00	-917.00	-903.00

Nagase 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-3,744 Mil.

Nagase (TSE:8012) 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.

Nagase's Interest Expense for the three months ended in Dec. 2023 was 円-917 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円8,537 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円69,218 Mil.

Nagase'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	*	8537	/	-917
	=	9.31

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

Nagase (TSE:8012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nagase & Co Ltd (TSE:8012) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-1, Nihonbashi-Kobunacho, Chuo-ku, Tokyo, JPN, 103-8355

Website

http://www.nagase.co.jp

Nagase & Co Ltd manufactures and sells a variety of products including chemicals, electronics, batteries, and personal care products. The firm organizes itself into five segments based on product type. The advanced materials and processing segment, which generates more revenue than any other segment, sells pigments, resins, and other materials used for auto paint, paper, cosmetics, and electronics. The functional materials segment sells a variety of chemicals and plastics. The electronics segment produces semiconductors and liquid crystal display materials. The automotive and energy segment sells automotive components and lithium-ion battery materials. The life and healthcare segment sells food additives, pharmaceuticals, and cosmetics. The majority of revenue comes from Asia.

Nagase (TSE:8012) Headlines

No Headlines