Aica Kogyo Co (TSE:4206) Interest Expense : 円-224 Mil (TTM As of Dec. 2023)

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What is Aica Kogyo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aica Kogyo Co's interest expense for the three months ended in Dec. 2023 was 円 -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-224 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. Aica Kogyo Co's Operating Income for the three months ended in Dec. 2023 was 円 8,098 Mil. Aica Kogyo Co's Interest Expense for the three months ended in Dec. 2023 was 円 -52 Mil. Aica Kogyo Co's Interest Coverage for the quarter that ended in Dec. 2023 was 155.73. 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.

Aica Kogyo Co Interest Expense Historical Data

The historical data trend for Aica Kogyo 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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Aica Kogyo Co Interest Expense Chart

Aica Kogyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-125.00

-138.00

-185.00

-275.00

-224.00

Aica Kogyo Co 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															-86.00	-52.00	-58.00	-52.00	-62.00

Aica Kogyo 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-224 Mil.

Aica Kogyo Co (TSE:4206) 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.

Aica Kogyo Co's Interest Expense for the three months ended in Dec. 2023 was 円-52 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円8,098 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円22,683 Mil.

Aica Kogyo Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	8098	/	-52
	=	155.73

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. Aica Kogyo Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Aica Kogyo Co (TSE:4206) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aica Kogyo Co Ltd (TSE:4206) » Definitions » Interest Expense

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Traded in Other Exchanges

R5Y:Germany

Address

1-1 1-1 Meina Station, JP Tower Nagoya, 26th Floor, Aichi, JPN

Website

http://www.aica.co.jp

Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.

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