GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mitani Sekisan Co Ltd (TSE:5273) » Definitions » Interest Expense

Mitani Sekisan Co (TSE:5273) Interest Expense : 円0 Mil (TTM As of Dec. 2023)


View and export this data going back to 1963. Start your Free Trial

What is Mitani Sekisan Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mitani Sekisan Co's interest expense for the three months ended in Dec. 2023 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円0 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. Mitani Sekisan Co's Operating Income for the three months ended in Dec. 2023 was 円 3,280 Mil. Mitani Sekisan Co's Interest Expense for the three months ended in Dec. 2023 was 円 0 Mil. GuruFocus does not calculate Mitani Sekisan Co's interest coverage with the available data. 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.


Mitani Sekisan Co Interest Expense Historical Data

The historical data trend for Mitani Sekisan 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.

Mitani Sekisan Co Interest Expense Chart

Mitani Sekisan 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 -2.00 -1.00 -1.00 -1.00 -2.00

Mitani Sekisan 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 - - - - -

Mitani Sekisan 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0 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.


Mitani Sekisan Co  (TSE:5273) 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.

Mitani Sekisan Co's Interest Expense for the three months ended in Dec. 2023 was 円0 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円3,280 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円202 Mil.

Mitani Sekisan Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Mitani Sekisan Co's interest coverage with the available data.

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


Mitani Sekisan Co (TSE:5273) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 Toyoshima, Mitani Building, Fukui-shi,, Fukui, JPN, 910-8571
Mitani Sekisan Co., Ltd. is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

Mitani Sekisan Co (TSE:5273) Headlines

No Headlines