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Nissin (TSE:9066) Interest Expense : 円-523 Mil (TTM As of Sep. 2024)


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What is Nissin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nissin's interest expense for the three months ended in Sep. 2024 was 円 -140 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was 円-523 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. Nissin's Operating Income for the three months ended in Sep. 2024 was 円 2,542 Mil. Nissin's Interest Expense for the three months ended in Sep. 2024 was 円 -140 Mil. Nissin's Interest Coverage for the quarter that ended in Sep. 2024 was 18.16. 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.


Nissin Interest Expense Historical Data

The historical data trend for Nissin'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.

Nissin Interest Expense Chart

Nissin 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 -416.00 -416.00 -410.00 -456.00 -425.00

Nissin 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 -105.00 -99.00 -136.00 -148.00 -140.00

Nissin 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-523 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.


Nissin  (TSE:9066) 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.

Nissin's Interest Expense for the three months ended in Sep. 2024 was 円-140 Mil. Its Operating Income for the three months ended in Sep. 2024 was 円2,542 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was 円26,638 Mil.

Nissin'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*2542/-140
=18.16

* 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.


Nissin Business Description

Traded in Other Exchanges
Address
84 6-chome, Naka, JPN
Nissin Corp is engaged in the travel and logistics business. The company operates through three segments namely Logistics, Travel service and Real estate. Its Logistics segment provides international transportation, international logistics, and air cargo transportation. The Travel service segment is involved in the tourism business. Its Real estate segment includes the development of commercial buildings and sites and leasing of real estate.

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