Kobe Electric Railway Co (TSE:9046) Interest Expense : 円-564 Mil (TTM As of Dec. 2023)

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What is Kobe Electric Railway Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kobe Electric Railway Co's interest expense for the three months ended in Dec. 2023 was 円 -142 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-564 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. Kobe Electric Railway Co's Operating Income for the three months ended in Dec. 2023 was 円 645 Mil. Kobe Electric Railway Co's Interest Expense for the three months ended in Dec. 2023 was 円 -142 Mil. Kobe Electric Railway Co's Interest Coverage for the quarter that ended in Dec. 2023 was 4.54. 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.

Kobe Electric Railway Co Interest Expense Historical Data

The historical data trend for Kobe Electric Railway 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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Kobe Electric Railway Co Interest Expense Chart

Kobe Electric Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-689.00

-651.00

-612.00

-577.00

-560.00

Kobe Electric Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-141.00	-139.00	-142.00	-141.00	-142.00

Kobe Electric Railway 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-564 Mil.

Kobe Electric Railway Co (TSE:9046) 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.

Kobe Electric Railway Co's Interest Expense for the three months ended in Dec. 2023 was 円-142 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円645 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円37,923 Mil.

Kobe Electric Railway Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	645	/	-142
	=	4.54

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kobe Electric Railway Co Ltd interest coverage is 2.9, which is low.

Kobe Electric Railway Co (TSE:9046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kobe Electric Railway Co Ltd (TSE:9046) » Definitions » Interest Expense

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Address

1-chome, Hyogo-ku, Kobe, JPN

Website

http://www.shintetsu.co.jp

Kobe Electric Railway Co Ltd operates as a railway company in Japan. Principally, it is also involved in the sale, lease, and brokerage of land buildings and other real estate properties. The company is also engaged in the management of rental building, and parking lot, long-term care and child care services. In addition, it also offers services related to the swimming school management.

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