Newtech Co (TSE:6734) Interest Expense : 円-0 Mil (TTM As of Feb. 2024)

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What is Newtech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Newtech Co's interest expense for the three months ended in Feb. 2024 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 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. Newtech Co's Operating Income for the three months ended in Feb. 2024 was 円 156 Mil. Newtech Co's Interest Expense for the three months ended in Feb. 2024 was 円 -0 Mil. Newtech Co's Interest Coverage for the quarter that ended in Feb. 2024 was 17,384.00. 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.

Newtech Co Interest Expense Historical Data

The historical data trend for Newtech 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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Newtech Co Interest Expense Chart

Newtech Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

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-2.22

-0.86

-0.49

-0.31

-0.11

Newtech Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.06	-0.05	-0.03	-0.02	-0.01

Newtech 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-0 Mil.

Newtech Co (TSE:6734) 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.

Newtech Co's Interest Expense for the three months ended in Feb. 2024 was 円-0 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円156 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円0 Mil.

Newtech Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	156.456	/	-0.009
	=	17,384.00

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

Newtech Co (TSE:6734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Newtech Co Ltd (TSE:6734) » Definitions » Interest Expense

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Address

KDX building Hamamatsu-cho,, Hamamatsu-cho 2-chome, 7-19, Minato-ku, Tokyo, JPN, 105-0013

Website

http://www.newtech.co.jp

Newtech Co., Ltd is engaged in development, manufacturing, sales and support of storage main unit and peripheral devices connected to server. The products of the company include Thunderbolt RAID, SAS RAID, FC RAID, iSCSI RAID, and infiniband.

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