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Nippon Care Supply Co (TSE:2393) Interest Expense : 円-2 Mil (TTM As of Dec. 2023)


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What is Nippon Care Supply Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Care Supply Co's interest expense for the three months ended in Dec. 2023 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-2 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. Nippon Care Supply Co's Operating Income for the three months ended in Dec. 2023 was 円 584 Mil. Nippon Care Supply Co's Interest Expense for the three months ended in Dec. 2023 was 円 -1 Mil. Nippon Care Supply Co's Interest Coverage for the quarter that ended in Dec. 2023 was 669.40. 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.


Nippon Care Supply Co Interest Expense Historical Data

The historical data trend for Nippon Care Supply 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.

Nippon Care Supply Co Interest Expense Chart

Nippon Care Supply Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.35 -1.90 -0.01 -0.01 -0.16

Nippon Care Supply Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -0.14 -0.41 -0.85 -0.87

Nippon Care Supply 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-2 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.


Nippon Care Supply Co  (TSE:2393) 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.

Nippon Care Supply Co's Interest Expense for the three months ended in Dec. 2023 was 円-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円584 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円7 Mil.

Nippon Care Supply Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*584.387/-0.873
=669.40

* 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.


Nippon Care Supply Co (TSE:2393) Business Description

Traded in Other Exchanges
N/A
Address
1st to 30th Shiba Daimon Shiba Daimon, Shiba NBF Tower 9th floor, Minato-ku, Tokyo, JPN, 105-0012
Nippon Care Supply Co Ltd is engaged in the business of rental wholesale and sale of welfare equipment in Japan. It rents and sells welfare equipment, such as electric beds, wheelchairs, and bathing assistance tools.

Nippon Care Supply Co (TSE:2393) Headlines

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