GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Life Corp (TSE:8194) » Definitions » Interest Expense

Life (TSE:8194) Interest Expense : 円-189 Mil (TTM As of Nov. 2023)


View and export this data going back to 1983. Start your Free Trial

What is Life Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Life's interest expense for the three months ended in Nov. 2023 was 円 -48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was 円-189 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. Life's Operating Income for the three months ended in Nov. 2023 was 円 6,821 Mil. Life's Interest Expense for the three months ended in Nov. 2023 was 円 -48 Mil. Life's Interest Coverage for the quarter that ended in Nov. 2023 was 142.10. 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.


Life Interest Expense Historical Data

The historical data trend for Life'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.

Life Interest Expense Chart

Life Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -271.00 -216.00 -184.00 -185.00 -189.00

Life 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 -47.00 -45.00 -50.00 -48.00 -46.00

Life 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-189 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.


Life  (TSE:8194) 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.

Life's Interest Expense for the three months ended in Nov. 2023 was 円-48 Mil. Its Operating Income for the three months ended in Nov. 2023 was 円6,821 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was 円21,778 Mil.

Life's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Nov. 2023 )/Interest Expense (Q: Nov. 2023 )
=-1*6821/-48
=142.10

* 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.


Life (TSE:8194) Business Description

Traded in Other Exchanges
N/A
Address
1-2-16 Taito, Taito- ku, Tokyo, JPN, 110-0016
Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.

Life (TSE:8194) Headlines

No Headlines