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Yokohama Wright Industries Co (TSE:1452) Interest Expense : 円-1 Mil (TTM As of Aug. 2023)


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What is Yokohama Wright Industries Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yokohama Wright Industries Co's interest expense for the six months ended in Aug. 2023 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was 円-1 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. Yokohama Wright Industries Co's Operating Income for the six months ended in Aug. 2023 was 円 26 Mil. Yokohama Wright Industries Co's Interest Expense for the six months ended in Aug. 2023 was 円 -0 Mil. Yokohama Wright Industries Co's Interest Coverage for the quarter that ended in Aug. 2023 was 117.20. 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.


Yokohama Wright Industries Co Interest Expense Historical Data

The historical data trend for Yokohama Wright Industries 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.

Yokohama Wright Industries Co Interest Expense Chart

Yokohama Wright Industries Co Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Interest Expense
Get a 7-Day Free Trial -1.94 -2.30 -1.77 -1.29 -0.77

Yokohama Wright Industries Co Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.74 -0.54 -0.44 -0.33 -0.22

Yokohama Wright Industries 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-1 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.


Yokohama Wright Industries Co  (TSE:1452) 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.

Yokohama Wright Industries Co's Interest Expense for the six months ended in Aug. 2023 was 円-0 Mil. Its Operating Income for the six months ended in Aug. 2023 was 円26 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was 円92 Mil.

Yokohama Wright Industries Co's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2023 )/Interest Expense (Q: Aug. 2023 )
=-1*26.135/-0.223
=117.20

* 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.


Yokohama Wright Industries Co (TSE:1452) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
870 Imaicho, Hodogaya-ku, Yokohama, Kanagawa Prefecture, Tokyo, JPN, 240-0035
YOKOHAMA WRIGHT Industries Co Ltd is engaged in providing engineering and construction services. The company's services include existing pile removal work, demolition and civil engineering set, underground obstacle removal work, mega solar business, among others.

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