Klass (TSE:6233) Interest Expense : 円-25 Mil (TTM As of Mar. 2024)

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What is Klass Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Klass's interest expense for the three months ended in Mar. 2024 was 円 -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-25 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. Klass's Operating Income for the three months ended in Mar. 2024 was 円 89 Mil. Klass's Interest Expense for the three months ended in Mar. 2024 was 円 -6 Mil. Klass's Interest Coverage for the quarter that ended in Mar. 2024 was 14.07. 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.

Klass Interest Expense Historical Data

The historical data trend for Klass'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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Klass Interest Expense Chart

Klass Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-22.00

-19.88

-21.29

-21.17

-24.63

Klass 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															-6.12	-6.16	-6.25	-6.47	-6.35

Klass 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-25 Mil.

Klass (TSE:6233) 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.

Klass's Interest Expense for the three months ended in Mar. 2024 was 円-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円2,077 Mil.

Klass'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	*	89.379	/	-6.352
	=	14.07

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

Klass (TSE:6233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Klass Corp (TSE:6233) » Definitions » Interest Expense

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Address

190 Hikai, Tatsuno-cho, Hyogo prefecture, 190 Hikai, Tatsuno-cho, Tatsuno, JPN, 699-4195

Website

https://www.klass-corp.co.jp

Klass Corp is a Japan-based machinery manufacturer. The company is mainly engaged in the development, manufacturing, and sale of various automatic and labor-saving machines. Products offered by the company include wallpaper-pasting, floor construction equipment, curtain manufacturing equipment, laminating machine, Tatami manufacturing equipment, sliding door manufacturing equipment, kitchen equipment, and solar power.

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