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Touei Housing (TSE:8875) Interest Expense : 円-473 Mil (TTM As of Jul. 2013)


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What is Touei Housing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Touei Housing's interest expense for the three months ended in Jul. 2013 was 円 -119 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2013 was 円-473 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. Touei Housing's Operating Income for the three months ended in Jul. 2013 was 円 2,320 Mil. Touei Housing's Interest Expense for the three months ended in Jul. 2013 was 円 -119 Mil. Touei Housing's Interest Coverage for the quarter that ended in Jul. 2013 was 19.50. 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.


Touei Housing Interest Expense Historical Data

The historical data trend for Touei Housing'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.

Touei Housing Interest Expense Chart

Touei Housing Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13
Interest Expense
-1,172.00 -765.00 -810.00 -606.00 -455.00

Touei Housing Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -105.00 -112.00 -122.00 -120.00 -119.00

Touei Housing 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 Jul. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-473 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.


Touei Housing  (TSE:8875) 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.

Touei Housing's Interest Expense for the three months ended in Jul. 2013 was 円-119 Mil. Its Operating Income for the three months ended in Jul. 2013 was 円2,320 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2013 was 円602 Mil.

Touei Housing's Interest Coverage for the quarter that ended in Jul. 2013 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2013 )/Interest Expense (Q: Jul. 2013 )
=-1*2320/-119
=19.50

* 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.


Touei Housing (TSE:8875) Business Description

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Touei Housing Corporation is a real estate company. It operates in residential and real estate businesses, with Detached Housing sales business as their core business. Its activities include sale of lots of land, construction contracting among others.

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