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Itochu Enex Co (TSE:8133) Interest Expense : 円-691 Mil (TTM As of Mar. 2024)


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What is Itochu Enex Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Itochu Enex Co's interest expense for the three months ended in Mar. 2024 was 円 -178 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was 円-691 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. Itochu Enex Co's Operating Income for the three months ended in Mar. 2024 was 円 2,617 Mil. Itochu Enex Co's Interest Expense for the three months ended in Mar. 2024 was 円 -178 Mil. Itochu Enex Co's Interest Coverage for the quarter that ended in Mar. 2024 was 14.70. 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.

Itochu Enex Co Interest Expense Historical Data

The historical data trend for Itochu Enex 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.

Itochu Enex Co Interest Expense Chart

Itochu Enex Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,126.00 -1,070.00 -994.00 -897.00 -691.00

Itochu Enex 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 -296.00 -194.00 -170.00 -149.00 -178.00

Itochu Enex 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-691 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.

Itochu Enex Co  (TSE:8133) 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.

Itochu Enex Co's Interest Expense for the three months ended in Mar. 2024 was 円-178 Mil. Its Operating Income for the three months ended in Mar. 2024 was 円2,617 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was 円48,292 Mil.

Itochu Enex 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*2617/-178
=14.70

* 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.

Itochu Enex Co (TSE:8133) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Itochu Enex Co Ltd (TSE:8133) » Definitions » Interest Expense
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Traded in Other Exchanges
96P:Germany
Address
3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-6028
Website
http://www.itcenex.com
Itochu Enex Co Ltd is a Japan-based energy provider that operates through a host of businesses. The company's operations are divided into the following segments: home-life, power and utility, car-life, and energy trade. Through these businesses, Itochu supplies its customer base in Japan with LP gas and town gas for homes and businesses. The company also sells a range of automotive fuels through its car-life stations. Alongside the car-life stations, under the car-life Division, Itochu Enex houses a car dealer and credit card business. Through separate divisions, the company operates electric-power-related and heat-supply businesses, along with selling a variety of petroleum products for industrial and marine use.

Itochu Enex Co (TSE:8133) Headlines

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