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AsiaQuest Co (TSE:4261) Interest Expense : 円-4 Mil (TTM As of Mar. 2024)


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What is AsiaQuest Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AsiaQuest Co's interest expense for the three months ended in Mar. 2024 was 円 -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-4 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. AsiaQuest Co's Operating Income for the three months ended in Mar. 2024 was 円 126 Mil. AsiaQuest Co's Interest Expense for the three months ended in Mar. 2024 was 円 -1 Mil. AsiaQuest Co's Interest Coverage for the quarter that ended in Mar. 2024 was 136.88. 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.


AsiaQuest Co Interest Expense Historical Data

The historical data trend for AsiaQuest 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.

AsiaQuest Co Interest Expense Chart

AsiaQuest Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-4.50 -6.92 -6.44 -4.98 -4.22

AsiaQuest Co Quarterly Data
Dec19 Dec20 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 -1.20 -0.86 -1.21 -0.95 -0.92

AsiaQuest 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-4 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.


AsiaQuest Co  (TSE:4261) 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.

AsiaQuest Co's Interest Expense for the three months ended in Mar. 2024 was 円-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円126 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円194 Mil.

AsiaQuest 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*126.063/-0.921
=136.88

* 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. AsiaQuest Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


AsiaQuest Co (TSE:4261) Business Description

Traded in Other Exchanges
N/A
Address
3-11-13 Iidabashi, Iidabashi i-MARK ANNEX 6th Floor, Chiyoda-ku, Tokyo, JPN, 102-0072
AsiaQuest Co Ltd is involved in the Digital Transformation Business. It provides services thatsupport client's digital transformation, combined with experts consultation, system, application and product development.

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