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Tokyo Century (TSE:8439) Interest Expense : 円-8,675 Mil (TTM As of Sep. 2024)


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What is Tokyo Century Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokyo Century's interest expense for the three months ended in Sep. 2024 was 円 -2,420 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-8,675 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. Tokyo Century's Operating Income for the three months ended in Sep. 2024 was 円 21,840 Mil. Tokyo Century's Interest Expense for the three months ended in Sep. 2024 was 円 -2,420 Mil. Tokyo Century's Interest Coverage for the quarter that ended in Sep. 2024 was 9.02. 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.


Tokyo Century Interest Expense Historical Data

The historical data trend for Tokyo Century'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.

Tokyo Century Interest Expense Chart

Tokyo Century Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,584.00 -3,089.00 -3,365.00 -5,943.00 -7,851.00

Tokyo Century Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1,994.00 -2,023.00 -1,987.00 -2,245.00 -2,420.00

Tokyo Century 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-8,675 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.


Tokyo Century  (TSE:8439) 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.

Tokyo Century's Interest Expense for the three months ended in Sep. 2024 was 円-2,420 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円21,840 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円3,450,216 Mil.

Tokyo Century'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*21840/-2420
=9.02

* 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.


Tokyo Century Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110
Tokyo Century Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The end markets for Century Tokyo Leasing are Japan and Ireland.

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