Mizuho Medy Co (TSE:4595) Interest Expense : 円0 Mil (TTM As of Mar. 2024)

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What is Mizuho Medy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mizuho Medy Co's interest expense for the three months ended in Mar. 2024 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円0 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. Mizuho Medy Co's Operating Income for the three months ended in Mar. 2024 was 円 1,253 Mil. Mizuho Medy Co's Interest Expense for the three months ended in Mar. 2024 was 円 0 Mil. Mizuho Medy Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mizuho Medy Co Interest Expense Historical Data

The historical data trend for Mizuho Medy 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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Mizuho Medy Co Interest Expense Chart

Mizuho Medy Co Annual Data

Trend

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Dec23

Interest Expense

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-1.89

-2.09

-1.24

Mizuho Medy Co Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Mizuho Medy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0 Mil.

Mizuho Medy Co (TSE:4595) 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.

Mizuho Medy Co's Interest Expense for the three months ended in Mar. 2024 was 円0 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円1,253 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円0 Mil.

Mizuho Medy Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mizuho Medy Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Mizuho Medy Co Ltd has no debt.

Mizuho Medy Co (TSE:4595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mizuho Medy Co Ltd (TSE:4595) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

4 Fujinoki-Machi, Saga Prefecture, Tosu, JPN, 841-0048

Website

http://www.mizuho-m.co.jp

Mizuho Medy Co Ltd engages in research and development, manufacture and distribution of in-vitro diagnostic products. The company provides immuno assay test products, such as influenza virus kits; Infectious diseases test kits; fecal occult blood test kits for detection of human hemoglobin and human transferrin in feces; and biochemical liquid stable reagents for professionals. It also offers HCG (midstream test), including digital p-check test for OTC. It also offers fruit tree virus test drugs to agricultural testing places.

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