Creditison Co (TSE:8253) Interest Expense : 円-24,895 Mil (TTM As of Mar. 2024)

View and export this data going back to 1963. Start your Free Trial

What is Creditison Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Creditison Co's interest expense for the three months ended in Mar. 2024 was 円 -7,393 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-24,895 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. Creditison Co's Operating Income for the three months ended in Mar. 2024 was 円 25,607 Mil. Creditison Co's Interest Expense for the three months ended in Mar. 2024 was 円 -7,393 Mil. Creditison Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.46. 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.

Creditison Co Interest Expense Historical Data

The historical data trend for Creditison 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.

Creditison Co Interest Expense Chart

Creditison Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-10,471.00

-11,266.00

-11,461.00

-15,257.00

-24,896.00

Creditison 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															-4,545.00	-5,069.00	-5,811.00	-6,622.00	-7,393.00

Creditison 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-24,895 Mil.

Creditison Co (TSE:8253) 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.

Creditison Co's Interest Expense for the three months ended in Mar. 2024 was 円-7,393 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円25,607 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円3,057,281 Mil.

Creditison 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	*	25607	/	-7393
	=	3.46

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. Credit Saison Co Ltd interest coverage is 4.77, which is low.

Creditison Co (TSE:8253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Saison Co Ltd (TSE:8253) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

QC9:Germany

Address

1-1 Higashi-Ikebukuro 3-chome, 52nd Floor, Sunshine 60 Building, Toshima-ku, Tokyo, JPN, 170-6073

Website

http://www.saisoncard.co.jp

Credit Saison Co Ltd is a consumer finance company operating primarily in Japan. Saison operates in five reportable business segments: credit services, leasing, finance, real estate, and entertainment. Of these, credit services make up the vast majority of revenue. The company is one of Japan's leading card companies. The company issues Visa, MasterCard, American Express, and affinity cards carrying the Saison brand to a multitude of cardholders. Saison also provides insurance and asset management. The company is affiliated with the Mizuho Financial Group.

Creditison Co (TSE:8253) Headlines

No Headlines