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Nisshinbo Holdings (TSE:3105) Interest Expense : 円-4,281 Mil (TTM As of Mar. 2024)


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What is Nisshinbo Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nisshinbo Holdings's interest expense for the three months ended in Mar. 2024 was 円 -489 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-4,281 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. Nisshinbo Holdings's Operating Income for the three months ended in Mar. 2024 was 円 8,147 Mil. Nisshinbo Holdings's Interest Expense for the three months ended in Mar. 2024 was 円 -489 Mil. Nisshinbo Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 16.66. 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.


Nisshinbo Holdings Interest Expense Historical Data

The historical data trend for Nisshinbo Holdings'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.

Nisshinbo Holdings Interest Expense Chart

Nisshinbo Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,132.00 -1,137.00 -1,144.00 -1,680.00 -4,619.00

Nisshinbo Holdings 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 -827.00 -1,079.00 -1,304.00 -1,409.00 -489.00

Nisshinbo Holdings 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-4,281 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.


Nisshinbo Holdings  (TSE:3105) 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.

Nisshinbo Holdings's Interest Expense for the three months ended in Mar. 2024 was 円-489 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円8,147 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円86,870 Mil.

Nisshinbo Holdings'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*8147/-489
=16.66

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nisshinbo Holdings Inc interest coverage is 1.83, which is low.


Nisshinbo Holdings (TSE:3105) Business Description

Traded in Other Exchanges
Address
2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.

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