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Japan Tobacco (TSE:2914) Interest Expense : 円-93,910 Mil (TTM As of Mar. 2024)


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What is Japan Tobacco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Tobacco's interest expense for the three months ended in Mar. 2024 was 円 -29,429 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-93,910 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. Japan Tobacco's Operating Income for the three months ended in Mar. 2024 was 円 213,746 Mil. Japan Tobacco's Interest Expense for the three months ended in Mar. 2024 was 円 -29,429 Mil. Japan Tobacco's Interest Coverage for the quarter that ended in Mar. 2024 was 7.26. 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.

Japan Tobacco Interest Expense Historical Data

The historical data trend for Japan Tobacco'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.

Japan Tobacco Interest Expense Chart

Japan Tobacco Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45,526.00 -61,344.00 -45,645.00 -91,272.00 -95,222.00

Japan Tobacco 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 -30,741.00 -26,378.00 -18,173.00 -19,930.00 -29,429.00

Japan Tobacco 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-93,910 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.

Japan Tobacco  (TSE:2914) 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.

Japan Tobacco's Interest Expense for the three months ended in Mar. 2024 was 円-29,429 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円213,746 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円939,268 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*213746/-29429
=7.26

* 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.

Japan Tobacco (TSE:2914) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Japan Tobacco Inc (TSE:2914) » Definitions » Interest Expense
Comparable Companies
TSE:9362 TSE:9171 TSE:9119 TSE:9110 TSE:9361 TSE:9367 TSE:9193 TSE:9101 TSE:9305 TSE:9308 PM MO NSE:ITC LSE:BATS LSE:IMB XKRX:033780 ISX:HMSP HKSE:06969 DHA:BATBC ISX:GGRM
Traded in Other Exchanges
JAPAY:USA JAPAF:USA JAT:Germany
Address
2-1, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8422
Website
http://www.jt.com
Japan Tobacco is the third-largest tobacco company globally. It owns a rich brand portfolio including Winston (non-U.S.), Camel (non-U.S.), and Mevius, and holds leading shares in many core markets including Japan, Russia, and the U.K. It has added Logic as a vaping brand and Ploom heated tobacco lines into its reduced-risk-product portfolio. The tobacco business contributes 90% of group sales and nearly all profits, with more than half generated by the overseas tobacco operations. JTI was created through the acquisition of R.J. Reynolds' non-U.S. operations in 1999 and further expanded through multiple acquisitions, of which the purchase of Gallaher in 2007 was the most notable, doubling JTI's sales. Pharmaceutical and processed food operations are the other businesses.

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