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Nippon Express Holdings (TSE:9147) Interest Expense : 円-6,677 Mil (TTM As of Mar. 2024)


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What is Nippon Express Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Express Holdings's interest expense for the three months ended in Mar. 2024 was 円 -2,140 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-6,677 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. Nippon Express Holdings's Operating Income for the three months ended in Mar. 2024 was 円 3,011 Mil. Nippon Express Holdings's Interest Expense for the three months ended in Mar. 2024 was 円 -2,140 Mil. Nippon Express Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 1.41. 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.


Nippon Express Holdings Interest Expense Historical Data

The historical data trend for Nippon Express Holdings'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.

Nippon Express Holdings Interest Expense Chart

Nippon Express Holdings Annual Data
Trend Dec22 Dec23
Interest Expense
-4,714.00 -6,242.00

Nippon Express Holdings Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only -1,704.00 -1,350.00 -1,525.00 -1,662.00 -2,140.00

Nippon Express Holdings 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-6,677 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.


Nippon Express Holdings  (TSE:9147) 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.

Nippon Express Holdings's Interest Expense for the three months ended in Mar. 2024 was 円-2,140 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円3,011 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円554,464 Mil.

Nippon Express Holdings'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*3011/-2140
=1.41

* 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.


Nippon Express Holdings (TSE:9147) Business Description

Traded in Other Exchanges
Address
2 Kanda Izumicho, Chiyoda-ku, Tokyo, JPN, 101-0024
Website
Nippon Express Holdings Inc is engaged in the management and related operations for corporate group companies such as truck transportation business.

Nippon Express Holdings (TSE:9147) Headlines

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