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HITO-Communications Holdings (TSE:4433) Interest Expense : 円-20 Mil (TTM As of Feb. 2024)


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What is HITO-Communications Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HITO-Communications Holdings's interest expense for the three months ended in Feb. 2024 was 円 -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-20 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. HITO-Communications Holdings's Operating Income for the three months ended in Feb. 2024 was 円 347 Mil. HITO-Communications Holdings's Interest Expense for the three months ended in Feb. 2024 was 円 -9 Mil. HITO-Communications Holdings's Interest Coverage for the quarter that ended in Feb. 2024 was 38.56. 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.


HITO-Communications Holdings Interest Expense Historical Data

The historical data trend for HITO-Communications Holdings'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.

HITO-Communications Holdings Interest Expense Chart

HITO-Communications Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.00 -16.00 -12.00 -10.00 -10.00

HITO-Communications Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -3.00 -3.00 - -8.00 -9.00

HITO-Communications Holdings 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-20 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.


HITO-Communications Holdings  (TSE:4433) 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.

HITO-Communications Holdings's Interest Expense for the three months ended in Feb. 2024 was 円-9 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円347 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円8,397 Mil.

HITO-Communications Holdings's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*347/-9
=38.56

* 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.


HITO-Communications Holdings (TSE:4433) Business Description

Traded in Other Exchanges
N/A
Address
1-9-6 Higashi-Ikebukuro, Toshima Ward, Tokyo, JPN, 170-0013
HITO-Communications Holdings Inc is engaged in business outsourcing industry placement and pay the general worker dispatching undertaking. Its services include Sales Outsourcing, Sales Promotion, Staffing services, and Tourism Staffing services among others.

HITO-Communications Holdings (TSE:4433) Headlines

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