Higashinihon Gas (FRA:HIS) Interest Expense : €-0.19 Mil (TTM As of Dec. 2013)

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What is Higashinihon Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Higashinihon Gas's interest expense for the three months ended in Dec. 2013 was € -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was €-0.19 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. Higashinihon Gas's Operating Income for the three months ended in Dec. 2013 was € 0.83 Mil. Higashinihon Gas's Interest Expense for the three months ended in Dec. 2013 was € -0.04 Mil. Higashinihon Gas's Interest Coverage for the quarter that ended in Dec. 2013 was 21.79. 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.

Higashinihon Gas Interest Expense Historical Data

The historical data trend for Higashinihon Gas'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.

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Higashinihon Gas Interest Expense Chart

Higashinihon Gas Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Interest Expense

-0.47

-0.42

-0.36

-0.34

-0.25

Higashinihon Gas Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Interest Expense	Get a 7-Day Free Trial							-0.07	-0.06	-0.05	-0.05	-0.04

Higashinihon Gas 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.19 Mil.

Higashinihon Gas (FRA:HIS) 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.

Higashinihon Gas's Interest Expense for the three months ended in Dec. 2013 was €-0.04 Mil. Its Operating Income for the three months ended in Dec. 2013 was €0.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2013 was €6.71 Mil.

Higashinihon Gas's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2013 )	/	Interest Expense (Q: Dec. 2013 )
	=	-1	*	0.828	/	-0.038
	=	21.79

The higher the ratio, the stronger the company's financial strength is.

Higashinihon Gas (FRA:HIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Higashinihon Gas Corporation (FRA:HIS) » Definitions » Interest Expense

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Address

Website

http://www.hngas.co.jp

Higashinihon Gas Corporation is engaged in the production and supply of natural gas as well as construction of gas pipelines for key areas in East Japan. It also sells gas appliances and related equipment.

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