TOUMEI Co (TSE:4439) Interest Expense : 円-12 Mil (TTM As of Feb. 2024)

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What is TOUMEI Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TOUMEI Co's interest expense for the three months ended in Feb. 2024 was 円 -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-12 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. TOUMEI Co's Operating Income for the three months ended in Feb. 2024 was 円 521 Mil. TOUMEI Co's Interest Expense for the three months ended in Feb. 2024 was 円 -2 Mil. TOUMEI Co's Interest Coverage for the quarter that ended in Feb. 2024 was 216.01. 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.

TOUMEI Co Interest Expense Historical Data

The historical data trend for TOUMEI 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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TOUMEI Co Interest Expense Chart

TOUMEI Co Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-10.15

-8.83

-7.62

-6.11

-11.60

TOUMEI Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-2.59	-3.47	-3.41	-2.44	-2.41

TOUMEI 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-12 Mil.

TOUMEI Co (TSE:4439) 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.

TOUMEI Co's Interest Expense for the three months ended in Feb. 2024 was 円-2 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円521 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円600 Mil.

TOUMEI Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	520.594	/	-2.41
	=	216.01

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

TOUMEI Co (TSE:4439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » TOUMEI Co Ltd (TSE:4439) » Definitions » Interest Expense

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Address

2-1-39, Hatta chome, Mie Prefecture, Yokkaichi, JPN, 510-0001

Website

https://www.toumei.co.jp

TOUMEI Co Ltd is engaged in Office light 119 business, Office solution business, and Financial Planning Business. The company's services include provision of fiber-optic services and ancillary services, sales of information and communications equipment and environmental products, and provision of web services. It also offers insurance brokerage services.

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