Tokai Holdings (TSE:3167) Interest Expense : 円-310 Mil (TTM As of Mar. 2024)

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What is Tokai Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokai Holdings's interest expense for the three months ended in Mar. 2024 was 円 -83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-310 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 Holdings's Operating Income for the three months ended in Mar. 2024 was 円 6,714 Mil. Tokai Holdings's Interest Expense for the three months ended in Mar. 2024 was 円 -83 Mil. Tokai Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 80.89. 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 Holdings Interest Expense Historical Data

The historical data trend for Tokai 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.

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Tokai Holdings Interest Expense Chart

Tokai Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-301.00

-289.00

-268.00

-271.00

-310.00

Tokai 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															-71.00	-73.00	-74.00	-80.00	-83.00

Tokai 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-310 Mil.

Tokai Holdings (TSE:3167) 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.

Tokai Holdings's Interest Expense for the three months ended in Mar. 2024 was 円-83 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円6,714 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円46,443 Mil.

Tokai 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	*	6714	/	-83
	=	80.89

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

Tokai Holdings (TSE:3167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tokai Holdings Corp (TSE:3167) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828

Website

http://www.tokaiholdings.co.jp

Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.

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