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AirCloset (TSE:9557) Interest Expense : 円-20 Mil (TTM As of Mar. 2024)


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What is AirCloset Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AirCloset's interest expense for the three months ended in Mar. 2024 was 円 -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-20 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. AirCloset's Operating Income for the three months ended in Mar. 2024 was 円 -61 Mil. AirCloset's Interest Expense for the three months ended in Mar. 2024 was 円 -5 Mil. AirCloset did not have earnings to cover the interest expense. 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.


AirCloset Interest Expense Historical Data

The historical data trend for AirCloset'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.

AirCloset Interest Expense Chart

AirCloset Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Interest Expense
-10.25 -10.00 -14.45 -20.40

AirCloset Quarterly Data
Jun20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.71 -5.03 -4.59 -4.88 -5.02

AirCloset 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 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.


AirCloset  (TSE:9557) 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.

AirCloset's Interest Expense for the three months ended in Mar. 2024 was 円-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円-61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円1,160 Mil.

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

AirCloset did not have earnings to cover the interest expense.

* 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.


AirCloset (TSE:9557) Business Description

Traded in Other Exchanges
N/A
Address
3-1-31 Minamiaoyama, KD Minami Aoyama Building, Minato-ku, Tokyo, JPN, 107-0062
AirCloset Inc operates a fashion rental platform, airCloset. The company's services include Online Fashion Rental Service, airCloset; Fashion Rental Shop, airClosetxABLE; Online Styling EC Service, airCloset Fitting; Manufacturer's official monthly rental mall, airCloset Mall; and Remote personal styling service, airCloset Talk.

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