Roland (TSE:7944) Interest Expense : 円-149 Mil (TTM As of Mar. 2024)

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What is Roland Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Roland's interest expense for the three months ended in Mar. 2024 was 円 -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-149 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. Roland's Operating Income for the three months ended in Mar. 2024 was 円 1,565 Mil. Roland's Interest Expense for the three months ended in Mar. 2024 was 円 -36 Mil. Roland's Interest Coverage for the quarter that ended in Mar. 2024 was 43.47. 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.

Roland Interest Expense Historical Data

The historical data trend for Roland'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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Roland Interest Expense Chart

Roland Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-87.11

-68.00

-34.00

-25.00

-71.00

Roland Quarterly Data
	Mar14	Jun14	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															-31.00	-41.00	-33.00	-39.00	-36.00

Roland 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-149 Mil.

Roland (TSE:7944) 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.

Roland's Interest Expense for the three months ended in Mar. 2024 was 円-36 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円1,565 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円12,592 Mil.

Roland'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	*	1565	/	-36
	=	43.47

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

Roland (TSE:7944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Roland Corp (TSE:7944) » Definitions » Interest Expense

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Address

2036-1 Nakagawa Hosoe-cho, Hamamatsu-shi, Shizuoka, JPN, 431-1304

Website

http://www.roland.co.jp

Roland Corporation is a leisure based goods and services provider in Japan. Its business comprises of the manufacture and sale of electronic musical instruments such as pianos, organs, keyboards, guitar, amplifiers and accessories essential for music creation. The musical instrument production falls under the electronic musical instruments segment, which secures the maximum revenue share for the company. Its other segment is the computer peripherals business. The Computer Peripheral Equipment segment is involved in the development, manufacture, and sale of printers, plotters, and other work machines. Roland Corporation distributes its products predominantly in North America and in Europe and Japan.

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