Mitsubishi Pencil Co (TSE:7976) Interest Expense : 円-25 Mil (TTM As of Mar. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Mitsubishi Pencil Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mitsubishi Pencil Co's interest expense for the three months ended in Mar. 2024 was 円 -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-25 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. Mitsubishi Pencil Co's Operating Income for the three months ended in Mar. 2024 was 円 3,066 Mil. Mitsubishi Pencil Co's Interest Expense for the three months ended in Mar. 2024 was 円 -7 Mil. Mitsubishi Pencil Co's Interest Coverage for the quarter that ended in Mar. 2024 was 438.00. 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.

Mitsubishi Pencil Co Interest Expense Historical Data

The historical data trend for Mitsubishi Pencil 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.

Mitsubishi Pencil Co Interest Expense Chart

Mitsubishi Pencil Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-38.00

-46.00

-31.00

-28.00

-23.00

Mitsubishi Pencil 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															-5.00	-6.00	-6.00	-6.00	-7.00

Mitsubishi Pencil 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-25 Mil.

Mitsubishi Pencil Co (TSE:7976) 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.

Mitsubishi Pencil Co's Interest Expense for the three months ended in Mar. 2024 was 円-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円3,066 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円1,677 Mil.

Mitsubishi Pencil 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	*	3066	/	-7
	=	438.00

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. Mitsubishi Pencil Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Mitsubishi Pencil Co (TSE:7976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Pencil Co Ltd (TSE:7976) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MSBPF:USA

Address

5-23-37, Higashi-ohi, Shinagawa-ku, Tokyo, JPN, 140-8537

Website

http://www.mpuni.co.jp

Mitsubishi Pencil Co., Ltd. manufactures and distributes writing instruments, office supplies, and other products. The company operates in two business segments. The writing material and writing-material-related product segment is engaged in the manufacture and sale of pencils, ballpoint pens, rubbers, office automation equipment, correction tapes, sharpeners, cosmetics, and other products. The other segment provides adhesive tapes and handicraft products. The Japan-based company has operations across Europe, Asia, Oceania, and the Americas.

Mitsubishi Pencil Co (TSE:7976) Headlines

No Headlines