Tsuzuki Denki Co (TSE:8157) Interest Expense : 円-87 Mil (TTM As of Sep. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Tsuzuki Denki Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tsuzuki Denki Co's interest expense for the three months ended in Sep. 2024 was 円 -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-87 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. Tsuzuki Denki Co's Operating Income for the three months ended in Sep. 2024 was 円 1,393 Mil. Tsuzuki Denki Co's Interest Expense for the three months ended in Sep. 2024 was 円 -23 Mil. Tsuzuki Denki Co's Interest Coverage for the quarter that ended in Sep. 2024 was 60.57. 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.

Tsuzuki Denki Co Interest Expense Historical Data

The historical data trend for Tsuzuki Denki 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.

Tsuzuki Denki Co Interest Expense Chart

Tsuzuki Denki Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-141.00

-123.00

-130.00

-114.00

-90.00

Tsuzuki Denki Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-22.00	-21.00	-21.00	-23.00	-22.00

Tsuzuki Denki 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-87 Mil.

Tsuzuki Denki Co (TSE:8157) 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.

Tsuzuki Denki Co's Interest Expense for the three months ended in Sep. 2024 was 円-23 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円1,393 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円1,809 Mil.

Tsuzuki Denki Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	1393	/	-23
	=	60.57

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. Tsuzuki Denki Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Tsuzuki Denki Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tsuzuki Denki Co Ltd (TSE:8157) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665

Website

http://www.tsuzuki.co.jp

Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

Tsuzuki Denki Co Headlines

No Headlines