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Kubota (TSE:6326) Interest Expense : 円-6,504 Mil (TTM As of Mar. 2024)


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What is Kubota Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kubota's interest expense for the three months ended in Mar. 2024 was 円 -1,518 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-6,504 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. Kubota's Operating Income for the three months ended in Mar. 2024 was 円 102,950 Mil. Kubota's Interest Expense for the three months ended in Mar. 2024 was 円 -1,518 Mil. Kubota's Interest Coverage for the quarter that ended in Mar. 2024 was 67.82. 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.

Kubota Interest Expense Historical Data

The historical data trend for Kubota'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.

Kubota Interest Expense Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,498.00 -1,679.00 -2,989.00 -1,997.00 -5,253.00

Kubota 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 -1,046.00 -1,257.00 -2,302.00 -1,427.00 -1,518.00

Kubota 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-6,504 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.

Kubota  (TSE:6326) 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.

Kubota's Interest Expense for the three months ended in Mar. 2024 was 円-1,518 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円102,950 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円1,383,989 Mil.

Kubota'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*102950/-1518
=67.82

* 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.

Kubota (TSE:6326) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kubota Corp (TSE:6326) » Definitions » Interest Expense
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Traded in Other Exchanges
KUBTY:USA KUBTF:USA KUO1:Germany
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Website
http://www.kubota.co.jp
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

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