Hikari Tsushin (TSE:9435) Interest Expense : 円-20,992 Mil (TTM As of Mar. 2024)

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What is Hikari Tsushin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hikari Tsushin's interest expense for the three months ended in Mar. 2024 was 円 -3,712 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-20,992 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. Hikari Tsushin's Operating Income for the three months ended in Mar. 2024 was 円 19,996 Mil. Hikari Tsushin's Interest Expense for the three months ended in Mar. 2024 was 円 -3,712 Mil. Hikari Tsushin's Interest Coverage for the quarter that ended in Mar. 2024 was 5.39. 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.

Hikari Tsushin Interest Expense Historical Data

The historical data trend for Hikari Tsushin'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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Hikari Tsushin Interest Expense Chart

Hikari Tsushin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-9,640.00

-9,092.00

-10,143.00

-10,574.00

-14,778.00

Hikari Tsushin Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-4,184.00	-5,929.00	-1,633.00	-9,718.00	-3,712.00

Hikari Tsushin 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-20,992 Mil.

Hikari Tsushin (TSE:9435) 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.

Hikari Tsushin's Interest Expense for the three months ended in Mar. 2024 was 円-3,712 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円19,996 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円666,107 Mil.

Hikari Tsushin's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	19996	/	-3712
	=	5.39

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. Hikari Tsushin Inc interest coverage is 4.41, which is low.

Hikari Tsushin (TSE:9435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Tsushin Inc (TSE:9435) » Definitions » Interest Expense

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HKTGF:USA HIK:Germany

Address

Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021

Website

http://www.hikari.co.jp

Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

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