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Amano (TSE:6436) Interest Expense : 円-284 Mil (TTM As of Mar. 2024)


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What is Amano Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amano's interest expense for the three months ended in Mar. 2024 was 円 -67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-284 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. Amano's Operating Income for the three months ended in Mar. 2024 was 円 6,987 Mil. Amano's Interest Expense for the three months ended in Mar. 2024 was 円 -67 Mil. Amano's Interest Coverage for the quarter that ended in Mar. 2024 was 104.28. 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.

Amano Interest Expense Historical Data

The historical data trend for Amano'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.

Amano Interest Expense Chart

Amano 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 -102.00 -153.00 -138.00 -151.00 -284.00

Amano 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 -49.00 -58.00 -75.00 -84.00 -67.00

Amano 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-284 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.

Amano  (TSE:6436) 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.

Amano's Interest Expense for the three months ended in Mar. 2024 was 円-67 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円6,987 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円8,356 Mil.

Amano'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*6987/-67
=104.28

* 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. Amano Corp has enough cash to cover all of its debt. Its financial situation is stable.

Amano (TSE:6436) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Amano Corp (TSE:6436) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
275 Mamedocho, Kohoku-ku, Yokohama, Kanagawa, JPN, 222-8558
Website
http://www.amano.co.jp
Amano Corp offers information systems, time management products, parking management services, environmental solutions, and cleaning products. The company helps clients coordinate human resources, payroll, and time recorders with software and standardized machines. It offers solutions to accurately record the data on billing and documents, and can process a wide variety of information customized for each client. Parking lots and bicycle-parking systems ensure safety while increasing the level of convenience for parking lot users. Products geared toward environmental and cleaning applications include dust and fume collectors, hazardous-gas removal systems, and floor scrubbers and cleaners. The majority of sales derive from customers located in Japan.

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