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Yasuda Logistics (TSE:9324) Interest Expense : 円-637 Mil (TTM As of Dec. 2023)


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What is Yasuda Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yasuda Logistics's interest expense for the three months ended in Dec. 2023 was 円 -189 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-637 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. Yasuda Logistics's Operating Income for the three months ended in Dec. 2023 was 円 959 Mil. Yasuda Logistics's Interest Expense for the three months ended in Dec. 2023 was 円 -189 Mil. Yasuda Logistics's Interest Coverage for the quarter that ended in Dec. 2023 was 5.07. 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.


Yasuda Logistics Interest Expense Historical Data

The historical data trend for Yasuda Logistics'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.

Yasuda Logistics Interest Expense Chart

Yasuda Logistics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -252.00 -277.00 -341.00 -372.00 -582.00

Yasuda Logistics 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 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 -147.00 -138.00 -152.00 -158.00 -189.00

Yasuda Logistics 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-637 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.


Yasuda Logistics  (TSE:9324) 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.

Yasuda Logistics's Interest Expense for the three months ended in Dec. 2023 was 円-189 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円959 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円66,696 Mil.

Yasuda Logistics'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*959/-189
=5.07

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yasuda Logistics Corp interest coverage is 3.9, which is low.


Yasuda Logistics (TSE:9324) Business Description

Traded in Other Exchanges
N/A
Address
3-3-8 Kaigan, Minato-ku, Tokyo, JPN, 108-8435
Yasuda Logistics Corp engages in the business of transportation, logistics, warehousing, customs clearance, and logistics information system services. The firm provides delivery services and supply chain solutions; and integrated logistics solutions through distribution centers. It also offers medical logistics services comprising logistics for drugs, and medical equipment; and IT equipment logistics services, as well as archiving and office relocation services. In addition, it provides international transport services, such as ocean transportation, import/export customs clearance, air transportation, overseas logistics services. Further, firm's real estate operations comprise office and residential leasing services; re-development and renovation of hotels and commercial facilities.

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