Maxvalu Tokai Co (TSE:8198) Interest Expense : 円-157 Mil (TTM As of Nov. 2023)

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What is Maxvalu Tokai Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maxvalu Tokai Co's interest expense for the three months ended in Nov. 2023 was 円 -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was 円-157 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. Maxvalu Tokai Co's Operating Income for the three months ended in Nov. 2023 was 円 2,937 Mil. Maxvalu Tokai Co's Interest Expense for the three months ended in Nov. 2023 was 円 -55 Mil. Maxvalu Tokai Co's Interest Coverage for the quarter that ended in Nov. 2023 was 53.40. 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.

Maxvalu Tokai Co Interest Expense Historical Data

The historical data trend for Maxvalu Tokai 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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Maxvalu Tokai Co Interest Expense Chart

Maxvalu Tokai Co Annual Data

Trend

Feb15

Feb16

Feb17

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Feb19

Feb20

Feb21

Feb22

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Feb24

Interest Expense

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-213.00

-220.00

-247.00

-235.00

-157.00

Maxvalu Tokai Co 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															-57.00	-55.00	-55.00	-55.00	8.00

Maxvalu Tokai 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-157 Mil.

Maxvalu Tokai Co (TSE:8198) 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.

Maxvalu Tokai Co's Interest Expense for the three months ended in Nov. 2023 was 円-55 Mil. Its Operating Income for the three months ended in Nov. 2023 was 円2,937 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was 円0 Mil.

Maxvalu Tokai Co'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	*	2937	/	-55
	=	53.40

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

Maxvalu Tokai Co (TSE:8198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maxvalu Tokai Co Ltd (TSE:8198) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

303-1 Shimonagakubo, Nakaizumi-machi Sunto-gun, Shizuoka, JPN, 411-0934

Website

http://www.mv-tokai.com

Maxvalu Tokai Co Ltd is a Japan-based retail store company. It manages a chain of supermarkets centering food items such as fresh fruits and vegetables, fresh fish, side dishes among others. Services provided by the company include an online supermarket, home delivery service, resting place, pharmaceutical stores, discount service, among others. Maxvalu Tokai has stores located throughout Japan.

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