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Autoserver Co (TSE:5589) Interest Expense : 円-12 Mil (TTM As of Mar. 2024)


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What is Autoserver Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Autoserver Co's interest expense for the three months ended in Mar. 2024 was 円 -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Autoserver Co's Operating Income for the three months ended in Mar. 2024 was 円 720 Mil. Autoserver Co's Interest Expense for the three months ended in Mar. 2024 was 円 -4 Mil. Autoserver Co's Interest Coverage for the quarter that ended in Mar. 2024 was 202.43. 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.


Autoserver Co Interest Expense Historical Data

The historical data trend for Autoserver 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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Autoserver Co Interest Expense Chart

Autoserver Co Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-17.12 -16.56 -16.20

Autoserver Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial - - -4.20 -3.86 -3.56

Autoserver 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-12 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.


Autoserver Co  (TSE:5589) 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.

Autoserver Co's Interest Expense for the three months ended in Mar. 2024 was 円-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円720 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円0 Mil.

Autoserver Co'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*720.456/-3.559
=202.43

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Autoserver Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Autoserver Co (TSE:5589) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053
Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

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