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Sekisui Chemical Co (TSE:4204) Interest Expense : 円-1,103 Mil (TTM As of Mar. 2024)


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What is Sekisui Chemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sekisui Chemical Co's interest expense for the three months ended in Mar. 2024 was 円 -243 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-1,103 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. Sekisui Chemical Co's Operating Income for the three months ended in Mar. 2024 was 円 28,566 Mil. Sekisui Chemical Co's Interest Expense for the three months ended in Mar. 2024 was 円 -243 Mil. Sekisui Chemical Co's Interest Coverage for the quarter that ended in Mar. 2024 was 117.56. 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.

Sekisui Chemical Co Interest Expense Historical Data

The historical data trend for Sekisui Chemical 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.

Sekisui Chemical Co Interest Expense Chart

Sekisui Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -695.00 -861.00 -774.00 -871.00 -1,103.00

Sekisui Chemical 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 -276.00 -277.00 -339.00 -244.00 -243.00

Sekisui Chemical 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-1,103 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.

Sekisui Chemical Co  (TSE:4204) 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.

Sekisui Chemical Co's Interest Expense for the three months ended in Mar. 2024 was 円-243 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円28,566 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円103,691 Mil.

Sekisui Chemical 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*28566/-243
=117.56

* 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.

Sekisui Chemical Co (TSE:4204) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sekisui Chemical Co Ltd (TSE:4204) » Definitions » Interest Expense
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Traded in Other Exchanges
SKSUY:USA SKSUF:USA SUI:Germany
Address
4-4, Nishitenma 2-Chome, Kita-ku, Osaka, JPN, 530-8565
Website
http://www.sekisui.co.jp
Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company. The plastics part of the business focuses on the production of materials for electronics, transportation, and buildings. The residential construction segment builds single-family and multiunit housing in Japan. The company's unit construction method allows prebuilt modular components to be assembled at various plants, which reduces construction time on-site. Sekisui's urban infrastructure products and industrial piping are used in mass transit and buildings. High-performance plastics and residential construction account for the majority of the company's revenue.

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