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JFE Holdings (TSE:5411) Interest Expense : 円-23,664 Mil (TTM As of Mar. 2024)


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What is JFE Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JFE Holdings's interest expense for the three months ended in Mar. 2024 was 円 -5,757 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-23,664 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. JFE Holdings's Operating Income for the three months ended in Mar. 2024 was 円 41,580 Mil. JFE Holdings's Interest Expense for the three months ended in Mar. 2024 was 円 -5,757 Mil. JFE Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 7.22. 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.


JFE Holdings Interest Expense Historical Data

The historical data trend for JFE 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.

JFE Holdings Interest Expense Chart

JFE Holdings 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 -15,273.00 -14,184.00 -13,205.00 -18,481.00 -23,665.00

JFE Holdings 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 -5,456.00 -5,746.00 -5,889.00 -6,272.00 -5,757.00

JFE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-23,664 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.


JFE Holdings  (TSE:5411) 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.

JFE Holdings's Interest Expense for the three months ended in Mar. 2024 was 円-5,757 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円41,580 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円1,403,849 Mil.

JFE Holdings'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*41580/-5757
=7.22

* 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.


JFE Holdings (TSE:5411) Business Description

Traded in Other Exchanges
Address
2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

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