Universal Entertainment (TSE:6425) Interest Expense : 円-16,882 Mil (TTM As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Universal Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Universal Entertainment's interest expense for the three months ended in Mar. 2024 was 円 -4,454 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-16,882 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. Universal Entertainment's Operating Income for the three months ended in Mar. 2024 was 円 4,023 Mil. Universal Entertainment's Interest Expense for the three months ended in Mar. 2024 was 円 -4,454 Mil. Universal Entertainment's Interest Coverage for the quarter that ended in Mar. 2024 was 0.90. 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.

Universal Entertainment Interest Expense Historical Data

The historical data trend for Universal Entertainment'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.

* Premium members only.

Universal Entertainment Interest Expense Chart

Universal Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-9,656.00

-10,176.00

-10,543.00

-14,041.00

-16,050.00

Universal Entertainment 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															-3,622.00	-3,562.00	-4,375.00	-4,491.00	-4,454.00

Universal Entertainment 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-16,882 Mil.

Universal Entertainment (TSE:6425) 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.

Universal Entertainment's Interest Expense for the three months ended in Mar. 2024 was 円-4,454 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円4,023 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円59,749 Mil.

Universal Entertainment'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	*	4023	/	-4454
	=	0.90

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Universal Entertainment Corp interest coverage is 1.76, which is low.

Universal Entertainment (TSE:6425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Universal Entertainment Corp (TSE:6425) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RUZ:Germany

Address

Ariake Frontier Building A, 3-7-26 Ariake Koto-ku, Tokyo, JPN, 135-0063

Website

http://www.universal-777.com

Universal Entertainment Corp is a Japanese manufacturer of gaming machines. The company's primary business, which constitutes the majority of consolidated revenue, is to manufacture and sell Pachislot and Pachinko gaming machines, and related parts and peripherals. Universal Entertainment also operates the Okada Manila casino resort in Manila Bay, Philippines. In addition to gaming operations, the company has businesses in media content, broadcasting, online games, and restaurants. The company derives the vast majority of income domestically.

Universal Entertainment (TSE:6425) Headlines

No Headlines