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Hino Motors (TSE:7205) Interest Expense : 円-11,608 Mil (TTM As of Dec. 2023)


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What is Hino Motors Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hino Motors's interest expense for the three months ended in Dec. 2023 was 円 -3,227 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-11,608 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. Hino Motors's Operating Income for the three months ended in Dec. 2023 was 円 -2,097 Mil. Hino Motors's Interest Expense for the three months ended in Dec. 2023 was 円 -3,227 Mil. Hino Motors did not have earnings to cover the interest expense. 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.


Hino Motors Interest Expense Historical Data

The historical data trend for Hino Motors'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.

Hino Motors Interest Expense Chart

Hino Motors 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 -6,529.00 -4,107.00 -2,849.00 -6,792.00 -11,608.00

Hino Motors 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 -2,420.00 -2,491.00 -2,858.00 -3,227.00 -3,032.00

Hino Motors 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-11,608 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.


Hino Motors  (TSE:7205) 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.

Hino Motors's Interest Expense for the three months ended in Dec. 2023 was 円-3,227 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円-2,097 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円35,386 Mil.

Hino Motors's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hino Motors did not have earnings to cover the interest expense.

* 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.


Hino Motors (TSE:7205) Business Description

Traded in Other Exchanges
Address
1-1 Hinodai 3-chome, Hino-shi, Tokyo, JPN
Hino Motors Ltd is a Japanese automobile manufacturer, and a subsidiary of Toyota Motor. The company primarily manufactures and sells medium and heavy commercial vehicles, such as trucks and buses, and light commercial vehicles under the Hino brand. These operations contribute the majority of consolidated revenue. In addition, Hino manufactures passenger vehicles under the Toyota brand, along with engines and spare parts. Domestic sales represent the largest share of Hino's revenue, with Asia excluding Japan the next most significant contributor.

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