Shigematsu Works Co (TSE:7980) Interest Expense : 円-21 Mil (TTM As of Dec. 2023)

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What is Shigematsu Works Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shigematsu Works Co's interest expense for the three months ended in Dec. 2023 was 円 -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-21 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. Shigematsu Works Co's Operating Income for the three months ended in Dec. 2023 was 円 112 Mil. Shigematsu Works Co's Interest Expense for the three months ended in Dec. 2023 was 円 -6 Mil. Shigematsu Works Co's Interest Coverage for the quarter that ended in Dec. 2023 was 20.32. 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.

Shigematsu Works Co Interest Expense Historical Data

The historical data trend for Shigematsu Works 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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Shigematsu Works Co Interest Expense Chart

Shigematsu Works Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-17.96

-15.71

-15.33

-19.51

-18.81

Shigematsu Works Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.87	-5.32	-4.67	-5.34	-5.50

Shigematsu Works 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-21 Mil.

Shigematsu Works Co (TSE:7980) 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.

Shigematsu Works Co's Interest Expense for the three months ended in Dec. 2023 was 円-6 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円1,400 Mil.

Shigematsu Works 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	*	111.791	/	-5.501
	=	20.32

The higher the ratio, the stronger the company's financial strength is.

Shigematsu Works Co (TSE:7980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shigematsu Works Co Ltd (TSE:7980) » Definitions » Interest Expense

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Address

1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024

Website

http://www.sts-japan.com

Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.

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