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Mimaki Engineering Co (TSE:6638) Interest Expense : 円-351 Mil (TTM As of Dec. 2023)


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What is Mimaki Engineering Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mimaki Engineering Co's interest expense for the three months ended in Dec. 2023 was 円 -98 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-351 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. Mimaki Engineering Co's Operating Income for the three months ended in Dec. 2023 was 円 1,615 Mil. Mimaki Engineering Co's Interest Expense for the three months ended in Dec. 2023 was 円 -98 Mil. Mimaki Engineering Co's Interest Coverage for the quarter that ended in Dec. 2023 was 16.45. 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.


Mimaki Engineering Co Interest Expense Historical Data

The historical data trend for Mimaki Engineering 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.

Mimaki Engineering Co Interest Expense Chart

Mimaki Engineering Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -179.18 -255.90 -167.75 -132.93 -259.46

Mimaki Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -77.31 -73.85 -83.98 -94.98 -98.18

Mimaki Engineering 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-351 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.


Mimaki Engineering Co  (TSE:6638) 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.

Mimaki Engineering Co's Interest Expense for the three months ended in Dec. 2023 was 円-98 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円1,615 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円6,521 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1614.658/-98.184
=16.45

* 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.


Mimaki Engineering Co (TSE:6638) Business Description

Traded in Other Exchanges
N/A
Address
2182-3 Shigeno-Otsu, Nagano Prefecture, Tojin-shi, JPN, 389-0512
Mimaki Engineering Co Ltd manufactures and sells computer devices and software mainly in Japan. Its product offerings include inkjet printers, cutting plotters, 3D printer, laminator and desktop modeling plotters. In addition, the company also provides color management and cutting software. Mimaki also offers maintenance and repair services.

Mimaki Engineering Co (TSE:6638) Headlines

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