Paramount Bed Holdings Co (TSE:7817) Interest Expense : 円-118 Mil (TTM As of Dec. 2023)

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What is Paramount Bed Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paramount Bed Holdings Co's interest expense for the three months ended in Dec. 2023 was 円 -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-118 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. Paramount Bed Holdings Co's Operating Income for the three months ended in Dec. 2023 was 円 2,032 Mil. Paramount Bed Holdings Co's Interest Expense for the three months ended in Dec. 2023 was 円 -29 Mil. Paramount Bed Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 70.07. 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.

Paramount Bed Holdings Co Interest Expense Historical Data

The historical data trend for Paramount Bed Holdings 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.

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Paramount Bed Holdings Co Interest Expense Chart

Paramount Bed Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-39.00

-72.00

-89.00

-94.00

-118.00

Paramount Bed Holdings Co 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															-25.00	-27.00	-27.00	-29.00	-35.00

Paramount Bed Holdings 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-118 Mil.

Paramount Bed Holdings Co (TSE:7817) 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.

Paramount Bed Holdings Co's Interest Expense for the three months ended in Dec. 2023 was 円-29 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円2,032 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円4,262 Mil.

Paramount Bed Holdings 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	*	2032	/	-29
	=	70.07

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. Paramount Bed Holdings Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Paramount Bed Holdings Co (TSE:7817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Paramount Bed Holdings Co Ltd (TSE:7817) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

14-5, Higashisuna, 2-chome, Koto-ku, Tokyo, JPN, 136-8671

Website

https://www.paramountbed-hd.co.jp

Paramount Bed Holdings Co Ltd manufactures medical and nursing care products. Its acute care business sells products to intensive care units and other acute care facilities to relieve patient discomfort and prevent secondary infections. The long-term care business sells products used at long-term medical care facilities and nursing homes. The residential and nursing care business sells products to nurses and home-care helpers. The sleep and wellness business sells products to help customers sleep soundly, which include custom-made mattresses. The maintenance business provides bed maintenance and cleaning services. Paramount Bed generates the vast majority of its revenue in Japan.

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