Sumitomo Riko Co (TSE:5191) Interest Expense : 円-3,804 Mil (TTM As of Mar. 2024)

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What is Sumitomo Riko Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sumitomo Riko Co's interest expense for the three months ended in Mar. 2024 was 円 -724 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-3,804 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. Sumitomo Riko Co's Operating Income for the three months ended in Mar. 2024 was 円 9,442 Mil. Sumitomo Riko Co's Interest Expense for the three months ended in Mar. 2024 was 円 -724 Mil. Sumitomo Riko Co's Interest Coverage for the quarter that ended in Mar. 2024 was 13.04. 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.

Sumitomo Riko Co Interest Expense Historical Data

The historical data trend for Sumitomo Riko 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.

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Sumitomo Riko Co Interest Expense Chart

Sumitomo Riko Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1,730.00

-1,036.00

-1,261.00

-2,269.00

-3,804.00

Sumitomo Riko 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															-1,041.00	-986.00	-910.00	-1,184.00	-724.00

Sumitomo Riko 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-3,804 Mil.

Sumitomo Riko Co (TSE:5191) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sumitomo Riko Co's Interest Expense for the three months ended in Mar. 2024 was 円-724 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円9,442 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円72,963 Mil.

Sumitomo Riko 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	*	9442	/	-724
	=	13.04

The higher the ratio, the stronger the company's financial strength is.

Sumitomo Riko Co (TSE:5191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Riko Co Ltd (TSE:5191) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Higashi 3-chome, Aichi, Komaki, JPN, 485-8550

Website

http://www.sumitomoriko.co.jp

Sumitomo Riko Co Ltd manufactures and sells automotive parts that include antivibration rubbers and hoses, IT-related products, and various industrial materials. The company's high-polymer compounding technology serves as a major component to many of the products it engineers. Sumitomo derives a significant portion of sales from its automotive segment, with revenue dispersed globally. Alongside antivibration rubbers and hoses, automotive product offerings include sound controlling and insulation products, interior equipment (headrests and instrument panels), and connector seals. The company's other segments bring rubber technologies to printers and copy machines, infrastructure, housing, and healthcare.

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