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MrMax Holdings (TSE:8203) Interest Expense : 円-140 Mil (TTM As of Feb. 2024)


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What is MrMax Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MrMax Holdings's interest expense for the three months ended in Feb. 2024 was 円 -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-140 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. MrMax Holdings's Operating Income for the three months ended in Feb. 2024 was 円 535 Mil. MrMax Holdings's Interest Expense for the three months ended in Feb. 2024 was 円 -38 Mil. MrMax Holdings's Interest Coverage for the quarter that ended in Feb. 2024 was 14.08. 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.


MrMax Holdings Interest Expense Historical Data

The historical data trend for MrMax Holdings'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.

MrMax Holdings Interest Expense Chart

MrMax Holdings Annual Data
Trend Mar14 Mar15 Mar16 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -229.00 -209.00 -191.00 -168.00 -140.00

MrMax Holdings 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 -34.00 -33.00 -32.00 -37.00 -38.00

MrMax Holdings 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-140 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.


MrMax Holdings  (TSE:8203) 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.

MrMax Holdings's Interest Expense for the three months ended in Feb. 2024 was 円-38 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円535 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円16,743 Mil.

MrMax Holdings's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*535/-38
=14.08

* 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.


MrMax Holdings (TSE:8203) Business Description

Traded in Other Exchanges
N/A
Address
1-5-7 Matsuda, Higashi-ku, Fukuoka, JPN, 812-0064
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.

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