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Heiwa Real Estate Co (TSE:8803) Interest Expense : 円-1,744 Mil (TTM As of Sep. 2024)


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What is Heiwa Real Estate Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heiwa Real Estate Co's interest expense for the three months ended in Sep. 2024 was 円 -453 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-1,744 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. Heiwa Real Estate Co's Operating Income for the three months ended in Sep. 2024 was 円 2,293 Mil. Heiwa Real Estate Co's Interest Expense for the three months ended in Sep. 2024 was 円 -453 Mil. Heiwa Real Estate Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.06. 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.

Heiwa Real Estate Co Interest Expense Historical Data

The historical data trend for Heiwa Real Estate 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.

Heiwa Real Estate Co Interest Expense Chart

Heiwa Real Estate Co 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 -1,256.00 -1,331.00 -1,414.00 -1,480.00 -1,664.00

Heiwa Real Estate Co 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 -415.00 -418.00 -428.00 -445.00 -453.00

Heiwa Real Estate 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-1,744 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.

Heiwa Real Estate Co  (TSE:8803) 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.

Heiwa Real Estate Co's Interest Expense for the three months ended in Sep. 2024 was 円-453 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円2,293 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円197,557 Mil.

Heiwa Real Estate 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*2293/-453
=5.06

* 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.

Heiwa Real Estate Co Business Description

Industry
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Traded in Other Exchanges
N/A
Address
1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo, JPN, 103-8222
Website
http://www.heiwa-net.co.jp
Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.

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