What is Mitsui Fudosan Co Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mitsui Fudosan Co's interest expense for the
three
months ended in Dec. 2023 was 円 -20,146 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-74,535 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. Mitsui Fudosan Co's Operating Income for the
three
months ended in Dec. 2023 was 円 65,559 Mil. Mitsui Fudosan Co's Interest Expense for the
three
months ended in Dec. 2023 was 円 -20,146 Mil.
Mitsui Fudosan Co's Interest Coverage for the quarter that ended in Dec. 2023 was 3.25.
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.
Mitsui Fudosan Co Interest Expense Historical Data
The historical data trend for Mitsui Fudosan 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.
Mitsui Fudosan Co Interest Expense Chart
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Mitsui Fudosan Co Annual Data
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Trend |
Mar15 |
Mar16 |
Mar17 |
Mar18 |
Mar19 |
Mar20 |
Mar21 |
Mar22 |
Mar23 |
Mar24 |
| Interest Expense |
|
Get a 7-Day Free Trial
|
|
|
-29,382.00 |
-27,779.00 |
-31,606.00 |
-55,457.00 |
-74,535.00 |
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Mitsui Fudosan Co Quarterly Data
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|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
-18,614.00 |
-16,448.00 |
-18,411.00 |
-20,146.00 |
-19,530.00 |
Mitsui Fudosan 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-74,535 Mil.
* 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.
Mitsui Fudosan Co (TSE:8801) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Mitsui Fudosan Co's Interest Expense for the
three
months ended in Dec. 2023 was 円-20,146 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was 円65,559 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was 円3,634,665 Mil.
Mitsui Fudosan Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
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. Mitsui Fudosan Co Ltd interest coverage is 4.56, which is low.
Mitsui Fudosan Co (TSE:8801) Business Description
Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.
Mitsui Fudosan Co (TSE:8801) Headlines
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