Tokyo Ohka Kogyo Co (TSE:4186) Interest Expense : 円-85 Mil (TTM As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Tokyo Ohka Kogyo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokyo Ohka Kogyo Co's interest expense for the three months ended in Mar. 2024 was 円 -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-85 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. Tokyo Ohka Kogyo Co's Operating Income for the three months ended in Mar. 2024 was 円 5,794 Mil. Tokyo Ohka Kogyo Co's Interest Expense for the three months ended in Mar. 2024 was 円 -21 Mil. Tokyo Ohka Kogyo Co's Interest Coverage for the quarter that ended in Mar. 2024 was 275.90. 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.

Tokyo Ohka Kogyo Co Interest Expense Historical Data

The historical data trend for Tokyo Ohka Kogyo 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.

* Premium members only.

Tokyo Ohka Kogyo Co Interest Expense Chart

Tokyo Ohka Kogyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-62.00

-60.00

-72.00

-73.00

-81.00

Tokyo Ohka Kogyo Co 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															-17.00	-21.00	-22.00	-21.00	-21.00

Tokyo Ohka Kogyo 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-85 Mil.

Tokyo Ohka Kogyo Co (TSE:4186) 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.

Tokyo Ohka Kogyo Co's Interest Expense for the three months ended in Mar. 2024 was 円-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円5,794 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円10,000 Mil.

Tokyo Ohka Kogyo Co'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	*	5794	/	-21
	=	275.90

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

Tokyo Ohka Kogyo Co (TSE:4186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tokyo Ohka Kogyo Co Ltd (TSE:4186) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Nakamaruko, Nakahara-ku, Kanagawa, Kawasaki, JPN, 211-0012

Website

http://www.tok.co.jp

Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm are primarily used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals. Tokyo Ohka Kogyo has manufacturing facilities in the United States, Taiwan, China, and South Korea.

Tokyo Ohka Kogyo Co (TSE:4186) Headlines

No Headlines