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House Foods Group (TSE:2810) Interest Expense : 円-177 Mil (TTM As of Dec. 2023)


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What is House Foods Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. House Foods Group's interest expense for the three months ended in Dec. 2023 was 円 28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-177 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. House Foods Group's Operating Income for the three months ended in Dec. 2023 was 円 8,602 Mil. House Foods Group's Interest Expense for the three months ended in Dec. 2023 was 円 28 Mil. House Foods Group 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.


House Foods Group Interest Expense Historical Data

The historical data trend for House Foods Group'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.

House Foods Group Interest Expense Chart

House Foods Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.00 -52.00 -61.00 -297.00 -177.00

House Foods Group 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 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 -92.00 -97.00 -94.00 28.00 -14.00

House Foods Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-177 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.


House Foods Group  (TSE:2810) 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.

House Foods Group's Interest Expense for the three months ended in Dec. 2023 was 円28 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円8,602 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円4,321 Mil.

House Foods Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

* 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. House Foods Group Inc has enough cash to cover all of its debt. Its financial situation is stable.


House Foods Group (TSE:2810) Business Description

Traded in Other Exchanges
N/A
Address
6-3 Kioicho, Chiyoda-ward, Tokyo, JPN, 102-8560
House Foods Group Inc is a Japan-based company which produces and sells processed foods including curry roux, and spices. It also diversifies into snacks, instant noodles, and retort pouch products. The company's segments include Spice / Seasoning / Processed Food Business, Health Food Business, International Food Business. The Spice / Seasoning / Processed Food Business contributes to the majority of the company's revenue.

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