NEC Capital Solutions (TSE:8793) Interest Expense : 円-386 Mil (TTM As of Dec. 2023)

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What is NEC Capital Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NEC Capital Solutions's interest expense for the three months ended in Dec. 2023 was 円 -139 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-386 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. NEC Capital Solutions's Operating Income for the three months ended in Dec. 2023 was 円 3,515 Mil. NEC Capital Solutions's Interest Expense for the three months ended in Dec. 2023 was 円 -139 Mil. NEC Capital Solutions's Interest Coverage for the quarter that ended in Dec. 2023 was 25.29. 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.

NEC Capital Solutions Interest Expense Historical Data

The historical data trend for NEC Capital Solutions'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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NEC Capital Solutions Interest Expense Chart

NEC Capital Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-20.00

-19.00

-22.00

-25.00

NEC Capital Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-12.00	-1.00	-109.00	-137.00	-139.00

NEC Capital Solutions 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-386 Mil.

NEC Capital Solutions (TSE:8793) 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.

NEC Capital Solutions's Interest Expense for the three months ended in Dec. 2023 was 円-139 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,515 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円461,917 Mil.

NEC Capital Solutions'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	*	3515	/	-139
	=	25.29

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

NEC Capital Solutions (TSE:8793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NEC Capital Solutions Ltd (TSE:8793) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN

Website

http://www.necap.co.jp

NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

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