Altech Co (TSE:9972) Interest Expense : 円-107 Mil (TTM As of Feb. 2024)

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What is Altech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altech Co's interest expense for the three months ended in Feb. 2024 was 円 -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-107 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. Altech Co's Operating Income for the three months ended in Feb. 2024 was 円 -19 Mil. Altech Co's Interest Expense for the three months ended in Feb. 2024 was 円 -40 Mil. Altech Co 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.

Altech Co Interest Expense Historical Data

The historical data trend for Altech 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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Altech Co Interest Expense Chart

Altech Co Annual Data

Trend

Nov14

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Nov23

Interest Expense

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-57.59

-34.53

-41.48

-72.68

-87.16

Altech Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-20.78	-21.38	-26.54	-18.47	-40.35

Altech 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-107 Mil.

Altech Co (TSE:9972) 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.

Altech Co's Interest Expense for the three months ended in Feb. 2024 was 円-40 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円-19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円1,473 Mil.

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

Altech Co did not have earnings to cover the interest expense.

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

Altech Co (TSE:9972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Altech Co Ltd (TSE:9972) » Definitions » Interest Expense

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Address

Sumitomo Irifune Bldg, 2nd Floor, 1-1 Irifune 2-chome, Chuo-ku, Tokyo, JPN, 104-0042

Website

http://www.altech.co.jp

Altech Co Ltd is engaged in purchase and sale of industrial machinery and equipments and related services, manufacture and sale of plastic molded products.The company has two reported segments Wholesale business and Preform business. Wholesale business purchases and sells industrial machinery and equipments and provides related services. Preform business manufactures and sells performs for PET bottles, plastic caps and provides related services.

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