Daikoku Denki Co (TSE:6430) Interest Expense : 円-7 Mil (TTM As of Dec. 2023)

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What is Daikoku Denki Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daikoku Denki Co's interest expense for the three months ended in Dec. 2023 was 円 -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-7 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. Daikoku Denki Co's Operating Income for the three months ended in Dec. 2023 was 円 3,765 Mil. Daikoku Denki Co's Interest Expense for the three months ended in Dec. 2023 was 円 -2 Mil. Daikoku Denki Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2,266.58. 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.

Daikoku Denki Co Interest Expense Historical Data

The historical data trend for Daikoku Denki 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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Daikoku Denki Co Interest Expense Chart

Daikoku Denki Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-11.25

-11.65

-11.70

-6.89

-6.57

Daikoku Denki Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.64	-1.60	-1.63	-1.61	-1.66

Daikoku Denki 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-7 Mil.

Daikoku Denki Co (TSE:6430) 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.

Daikoku Denki Co's Interest Expense for the three months ended in Dec. 2023 was 円-2 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,765 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円0 Mil.

Daikoku Denki Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3764.793	/	-1.661
	=	2,266.58

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

Daikoku Denki Co (TSE:6430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daikoku Denki Co Ltd (TSE:6430) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 43, No. 5-chome, Nagoya Nagono, JPN

Website

http://www.daikoku.co.jp

Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

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