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Nissha Co (TSE:7915) Interest Expense : 円-1,735 Mil (TTM As of Mar. 2024)


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What is Nissha Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nissha Co's interest expense for the three months ended in Mar. 2024 was 円 -332 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-1,735 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. Nissha Co's Operating Income for the three months ended in Mar. 2024 was 円 1,365 Mil. Nissha Co's Interest Expense for the three months ended in Mar. 2024 was 円 -332 Mil. Nissha Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.11. 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.


Nissha Co Interest Expense Historical Data

The historical data trend for Nissha 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.

Nissha Co Interest Expense Chart

Nissha Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,437.00 -1,130.00 -1,047.00 -916.00 -1,842.00

Nissha 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 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 -439.00 -340.00 -553.00 -510.00 -332.00

Nissha 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-1,735 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.


Nissha Co  (TSE:7915) 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.

Nissha Co's Interest Expense for the three months ended in Mar. 2024 was 円-332 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円1,365 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円46,924 Mil.

Nissha Co'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*1365/-332
=4.11

* 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.


Nissha Co (TSE:7915) Business Description

Traded in Other Exchanges
Address
3 Hanaicho, Gamo, Nakagyo-ku, Kyoto, JPN, 604-8551
Nissha Co Ltd is developing industrial materials, devices, life innovation and information and communication business areas. The company develops and promotes its products under the Nisha brand. The firm's products include metalized paper, 3d eye sublimation, material library, gas sensors, force sensors, general printing and fabric printing. Its customers include IT devices, automobiles, medical devices and health care, consumer electronics, packaging materials and communication design.

Nissha Co (TSE:7915) Headlines

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