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TOKAI (TSE:9729) Interest Expense : 円-25 Mil (TTM As of Mar. 2025)


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What is TOKAI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TOKAI's interest expense for the three months ended in Mar. 2025 was 円 -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was 円-25 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. TOKAI's Operating Income for the three months ended in Mar. 2025 was 円 2,533 Mil. TOKAI's Interest Expense for the three months ended in Mar. 2025 was 円 -7 Mil. TOKAI's Interest Coverage for the quarter that ended in Mar. 2025 was 361.86. 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.

TOKAI Interest Expense Historical Data

The historical data trend for TOKAI'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.

TOKAI Interest Expense Chart

TOKAI Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.00 -30.00 -27.00 -24.00 -25.00

TOKAI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -6.00 -6.00 -6.00 -6.00 -7.00

TOKAI 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-25 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.

TOKAI  (TSE:9729) 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.

TOKAI's Interest Expense for the three months ended in Mar. 2025 was 円-7 Mil. Its Operating Income for the three months ended in Mar. 2025 was 円2,533 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was 円350 Mil.

TOKAI's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2533/-7
=361.86

* 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.

Good Sign:

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

TOKAI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TOKAI Corp (TSE:9729) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
9-16 Wakamiya-cho, Gifu-shi, JPN, 500-8828
Website
http://www.tokai-corp.com
TOKAI Corp is a Japan-based company which is involved in rental and leasing business. The firm is primarily engaged in supplying beddings for hospitals, clinics, and care facilities, as well as hotels and resort facilities, on a rental or contract basis. Its have business segments include The Healthy Life Services segment rents beddings and nursing care products, provides food service, and manufactures and sells cleaning machinery, The Dispensing Services segment operates pharmacies for dispensing service in front of general hospitals, The Environmental Services segment is engaged in the rental and sale of environmental products, and The Building Cleaning and Management services mainly for medical institutions and nursing care facilities.

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