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Nihon Housing Co (TSE:4781) Interest Expense : 円-178 Mil (TTM As of Dec. 2023)


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What is Nihon Housing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nihon Housing Co's interest expense for the three months ended in Dec. 2023 was 円 -51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-178 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. Nihon Housing Co's Operating Income for the three months ended in Dec. 2023 was 円 1,125 Mil. Nihon Housing Co's Interest Expense for the three months ended in Dec. 2023 was 円 -51 Mil. Nihon Housing Co's Interest Coverage for the quarter that ended in Dec. 2023 was 22.06. 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.


Nihon Housing Co Interest Expense Historical Data

The historical data trend for Nihon Housing 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.

Nihon Housing Co Interest Expense Chart

Nihon Housing 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 -107.00 -114.00 -76.00 -66.00 -81.00

Nihon Housing 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 -23.00 -36.00 -41.00 -50.00 -51.00

Nihon Housing 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-178 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.


Nihon Housing Co  (TSE:4781) 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.

Nihon Housing Co's Interest Expense for the three months ended in Dec. 2023 was 円-51 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円1,125 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円0 Mil.

Nihon Housing 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*1125/-51
=22.06

* 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.


Nihon Housing Co (TSE:4781) Business Description

Traded in Other Exchanges
N/A
Address
12 No. 31 No. 1-chome, Tokyo, JPN
Nihon Housing Co Ltd is a Japan-based company operating in the real estate sector. The firm is mainly engaged in the Condominium management business, Building management business, Real estate management business, and Refurbishing construction business. Nihon also offers repair services including daily repair work and long-term repair plans. Its Building management business offers cleaning services, security service, and value up construction.

Nihon Housing Co (TSE:4781) Headlines

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