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Macnica Holdings (TSE:3132) Interest Expense : 円-1,890 Mil (TTM As of Mar. 2024)


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What is Macnica Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Macnica Holdings's interest expense for the three months ended in Mar. 2024 was 円 -308 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-1,890 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. Macnica Holdings's Operating Income for the three months ended in Mar. 2024 was 円 12,422 Mil. Macnica Holdings's Interest Expense for the three months ended in Mar. 2024 was 円 -308 Mil. Macnica Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 40.33. 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.


Macnica Holdings Interest Expense Historical Data

The historical data trend for Macnica 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.

Macnica Holdings Interest Expense Chart

Macnica Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1,131.00 -304.00 -333.00 -1,900.00 -1,890.00

Macnica Holdings Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -683.00 -681.00 -527.00 -374.00 -308.00

Macnica 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-1,890 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.


Macnica Holdings  (TSE:3132) 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.

Macnica Holdings's Interest Expense for the three months ended in Mar. 2024 was 円-308 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円12,422 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円3,658 Mil.

Macnica 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*12422/-308
=40.33

* 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.


Macnica Holdings (TSE:3132) Business Description

Traded in Other Exchanges
N/A
Address
1-6-3 Shinyokohama, Kohoku Ward, Kanagawa Prefecture, Yokohama, JPN
Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business and the Network Business. The IC, Electronic Devices, and Other Business handle the sales of products such as ICs and electronic devices and the Network Business is responsible for the sales of network-related hardware, software, and services.

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