Space Co (TSE:9622) Interest Expense : 円-5 Mil (TTM As of Jun. 2024)

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What is Space Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Space Co's interest expense for the three months ended in Jun. 2024 was 円 -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was 円-5 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. Space Co's Operating Income for the three months ended in Jun. 2024 was 円 748 Mil. Space Co's Interest Expense for the three months ended in Jun. 2024 was 円 -2 Mil. Space Co's Interest Coverage for the quarter that ended in Jun. 2024 was 439.51. 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.

Space Co Interest Expense Historical Data

The historical data trend for Space Co'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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Space Co Interest Expense Chart

Space Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-4.33

-4.37

-4.65

-4.45

-4.26

Space Co 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															-0.56	-1.19	-0.88	-1.70	-0.97

Space Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-5 Mil.

Space Co (TSE:9622) 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.

Space Co's Interest Expense for the three months ended in Jun. 2024 was 円-2 Mil. Its Operating Income for the three months ended in Jun. 2024 was 円748 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was 円60 Mil.

Space Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	748.053	/	-1.702
	=	439.51

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Space Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Space Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Space Co Ltd (TSE:9622) » Definitions » Interest Expense

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Address

3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013

Website

http://www.space-tokyo.co.jp

Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.

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