GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » JAC Recruitment Co Ltd (TSE:2124) » Definitions » Interest Expense

JAC Recruitment Co (TSE:2124) Interest Expense : 円-21 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is JAC Recruitment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JAC Recruitment Co's interest expense for the three months ended in Mar. 2024 was 円 -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-21 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. JAC Recruitment Co's Operating Income for the three months ended in Mar. 2024 was 円 2,218 Mil. JAC Recruitment Co's Interest Expense for the three months ended in Mar. 2024 was 円 -5 Mil. JAC Recruitment Co's Interest Coverage for the quarter that ended in Mar. 2024 was 443.60. 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.


JAC Recruitment Co Interest Expense Historical Data

The historical data trend for JAC Recruitment 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.

JAC Recruitment Co Interest Expense Chart

JAC Recruitment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.00 -18.00 -16.00 -22.00 -22.00

JAC Recruitment 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 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 -6.00 -5.00 -6.00 -5.00 -5.00

JAC Recruitment 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-21 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.


JAC Recruitment Co  (TSE:2124) 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.

JAC Recruitment Co's Interest Expense for the three months ended in Mar. 2024 was 円-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円2,218 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円0 Mil.

JAC Recruitment 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*2218/-5
=443.60

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. JAC Recruitment Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


JAC Recruitment Co (TSE:2124) Business Description

Traded in Other Exchanges
N/A
Address
14F Jinbocho Mitsui Building, 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-0051
JAC Recruitment Co Ltd is Japanese company which is active in recruiting business. It is engaged in in the recruitment and registration of job seekers, the provision of consultation services to the job seekers, the selection of the candidates for appropriate job openings, the provision of support services to the candidates before and after joining companies, and others.

JAC Recruitment Co (TSE:2124) Headlines

No Headlines