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Yamashita Health Care Holdings (TSE:9265) Interest Expense : 円-1 Mil (TTM As of Feb. 2024)


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What is Yamashita Health Care Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yamashita Health Care Holdings's interest expense for the three months ended in Feb. 2024 was 円 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-1 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. Yamashita Health Care Holdings's Operating Income for the three months ended in Feb. 2024 was 円 212 Mil. Yamashita Health Care Holdings's Interest Expense for the three months ended in Feb. 2024 was 円 0 Mil. Yamashita Health Care Holdings has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Yamashita Health Care Holdings Interest Expense Historical Data

The historical data trend for Yamashita Health Care 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.

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Yamashita Health Care Holdings Interest Expense Chart

Yamashita Health Care Holdings Annual Data
Trend May18 May19 May20 May21 May22 May23
Interest Expense
Get a 7-Day Free Trial -3.38 -2.45 -4.18 -3.00 -2.00

Yamashita Health Care 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 - -1.00 - - -

Yamashita Health Care 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-1 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.


Yamashita Health Care Holdings  (TSE:9265) 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.

Yamashita Health Care Holdings's Interest Expense for the three months ended in Feb. 2024 was 円0 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円212 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円0 Mil.

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

Yamashita Health Care Holdings had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yamashita Health Care Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.


Yamashita Health Care Holdings (TSE:9265) Business Description

Traded in Other Exchanges
N/A
Address
3-6-15 Watanabedori, Chuo-ku, Fukuoka, JPN, 810-0004
Yamashita Health Care Holdings Inc is a Japan-based medical equipment wholesale company that sells medical equipment for medical institutions within the Kyushu area. The company is also engaged in the manufacture, sale, leasing, and rental of optical instruments, physicochemical instruments, analytical instruments, measuring instruments, health equipment, exercise equipment, nursing care equipment, animal medical equipment, and veterinary drugs.

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