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Sanko Gosei (TSE:7888) Interest Expense : 円-430 Mil (TTM As of Feb. 2024)


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What is Sanko Gosei Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanko Gosei's interest expense for the three months ended in Feb. 2024 was 円 -131 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-430 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. Sanko Gosei's Operating Income for the three months ended in Feb. 2024 was 円 724 Mil. Sanko Gosei's Interest Expense for the three months ended in Feb. 2024 was 円 -131 Mil. Sanko Gosei's Interest Coverage for the quarter that ended in Feb. 2024 was 5.53. 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.


Sanko Gosei Interest Expense Historical Data

The historical data trend for Sanko Gosei'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.

Sanko Gosei Interest Expense Chart

Sanko Gosei Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -225.00 -337.00 -397.00 -361.00 -368.00

Sanko Gosei Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -84.00 -101.00 -107.00 -91.00 -131.00

Sanko Gosei 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-430 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.


Sanko Gosei  (TSE:7888) 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.

Sanko Gosei's Interest Expense for the three months ended in Feb. 2024 was 円-131 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円724 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円6,870 Mil.

Sanko Gosei's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*724/-131
=5.53

* 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.


Sanko Gosei (TSE:7888) Business Description

Traded in Other Exchanges
N/A
Address
1200 Habushin, Toyama Prefecture, Nanto, JPN, 939-1698
Sanko Gosei Ltd is engaged in the molding and sales of plastic parts, production and assembly of mechanical/digital parts, design, production, and sales of molds for plastic molded parts, industrial products, industrial robots, and dispatching workers, among others.

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