Descente (TSE:8114) Interest Expense : 円-211 Mil (TTM As of Mar. 2024)

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What is Descente Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Descente's interest expense for the three months ended in Mar. 2024 was 円 -72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-211 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. Descente's Operating Income for the three months ended in Mar. 2024 was 円 2,307 Mil. Descente's Interest Expense for the three months ended in Mar. 2024 was 円 -72 Mil. Descente's Interest Coverage for the quarter that ended in Mar. 2024 was 32.04. 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.

Descente Interest Expense Historical Data

The historical data trend for Descente'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.

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Descente Interest Expense Chart

Descente Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-291.00

-88.00

-58.00

-107.00

-162.00

Descente Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-33.00	-30.00	-27.00	-72.00	-82.00

Descente 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-211 Mil.

Descente (TSE:8114) 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.

Descente's Interest Expense for the three months ended in Mar. 2024 was 円-72 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円2,307 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円5,782 Mil.

Descente's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	2307	/	-72
	=	32.04

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

Descente Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Descente Ltd (TSE:8114) » Definitions » Interest Expense

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DESLF:USA

Address

1-4-8 Mejiro, Toshima-ku, Tokyo, JPN, 171-8580

Website

http://www.descente.co.jp

Descente Ltd is a Japanese based company engages in the manufacture and sale of sportswear, sporting goods, and related articles. The company markets its products under brands such as Descente, Le coq Sportif, Umbro, Arena, Musingwear, Skins, Marmot, Lanvin sport, Srixon, Avia, Ryka, Shiseist, Cutter and Buck, Inov-8 and other.

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