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Daiwa Securities Living Investment (TSE:8986) Interest Expense : 円-1,123 Mil (TTM As of Sep. 2023)


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What is Daiwa Securities Living Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daiwa Securities Living Investment's interest expense for the six months ended in Sep. 2023 was 円 -567 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was 円-1,123 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. Daiwa Securities Living Investment's Operating Income for the six months ended in Sep. 2023 was 円 6,236 Mil. Daiwa Securities Living Investment's Interest Expense for the six months ended in Sep. 2023 was 円 -567 Mil. Daiwa Securities Living Investment's Interest Coverage for the quarter that ended in Sep. 2023 was 11.00. 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.


Daiwa Securities Living Investment Interest Expense Historical Data

The historical data trend for Daiwa Securities Living Investment'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.

Daiwa Securities Living Investment Interest Expense Chart

Daiwa Securities Living Investment Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -904.56 -809.48 -825.60 -991.45 -1,068.41

Daiwa Securities Living Investment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -514.69 -531.21 -537.20 -556.39 -566.74

Daiwa Securities Living Investment 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-1,123 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.


Daiwa Securities Living Investment  (TSE:8986) 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.

Daiwa Securities Living Investment's Interest Expense for the six months ended in Sep. 2023 was 円-567 Mil. Its Operating Income for the six months ended in Sep. 2023 was 円6,236 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was 円169,147 Mil.

Daiwa Securities Living Investment's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*6236.083/-566.74
=11.00

* 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.


Daiwa Securities Living Investment (TSE:8986) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

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