Nippon Ski Resort Development Co (TSE:6040) Interest Expense : 円-12 Mil (TTM As of Jan. 2024)

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What is Nippon Ski Resort Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Ski Resort Development Co's interest expense for the three months ended in Jan. 2024 was 円 -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 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. Nippon Ski Resort Development Co's Operating Income for the three months ended in Jan. 2024 was 円 756 Mil. Nippon Ski Resort Development Co's Interest Expense for the three months ended in Jan. 2024 was 円 -7 Mil. Nippon Ski Resort Development Co's Interest Coverage for the quarter that ended in Jan. 2024 was 106.17. 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.

Nippon Ski Resort Development Co Interest Expense Historical Data

The historical data trend for Nippon Ski Resort Development 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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Nippon Ski Resort Development Co Interest Expense Chart

Nippon Ski Resort Development Co Annual Data

Trend

Jul14

Jul15

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Jul23

Interest Expense

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-2.33

-4.22

-8.35

-8.20

-7.48

Nippon Ski Resort Development Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-2.01	-1.79	-1.64	-1.58	-7.12

Nippon Ski Resort Development 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-12 Mil.

Nippon Ski Resort Development Co (TSE:6040) 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.

Nippon Ski Resort Development Co's Interest Expense for the three months ended in Jan. 2024 was 円-7 Mil. Its Operating Income for the three months ended in Jan. 2024 was 円756 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was 円2,618 Mil.

Nippon Ski Resort Development Co's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	755.604	/	-7.117
	=	106.17

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

Nippon Ski Resort Development Co (TSE:6040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nippon Ski Resort Development Co Ltd (TSE:6040) » Definitions » Interest Expense

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Address

6329-1, Hokujo, Hakuba-mura Kitaazumi-gun, Nagano, JPN, 399-9301

Website

http://www.nippon-ski.jp

Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.

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