GURUFOCUS.COM » STOCK LIST » Technology » Software » Asahi Intelligence Service Co Ltd (TSE:9799) » Definitions » Interest Expense

Asahi Intelligence Service Co (TSE:9799) Interest Expense : 円-2 Mil (TTM As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Asahi Intelligence Service Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asahi Intelligence Service Co's interest expense for the three months ended in Dec. 2023 was 円 -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-2 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. Asahi Intelligence Service Co's Operating Income for the three months ended in Dec. 2023 was 円 434 Mil. Asahi Intelligence Service Co's Interest Expense for the three months ended in Dec. 2023 was 円 -0 Mil. Asahi Intelligence Service Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1,101.60. 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.


Asahi Intelligence Service Co Interest Expense Historical Data

The historical data trend for Asahi Intelligence Service 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.

* Premium members only.

Asahi Intelligence Service Co Interest Expense Chart

Asahi Intelligence Service Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.14 -2.15 -1.91 -1.79 -1.79

Asahi Intelligence Service 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 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 -0.45 -0.44 -0.45 -0.45 -0.39

Asahi Intelligence Service 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-2 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.


Asahi Intelligence Service Co  (TSE:9799) 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.

Asahi Intelligence Service Co's Interest Expense for the three months ended in Dec. 2023 was 円-0 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円434 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円0 Mil.

Asahi Intelligence Service 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*434.029/-0.394
=1,101.60

* 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. Asahi Intelligence Service Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Asahi Intelligence Service Co (TSE:9799) Business Description

Traded in Other Exchanges
N/A
Address
1-7-12 Sapia Tower 11F, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Asahi Intelligence Service Co Ltd is a Japan-based Information Technology (IT) service management company. The company operates is mainly engaged in the operation and management of the network system. It also offers system development, system operation and support services including design and development of software, maintenance and operation of host computer system, Office automation (OA) support, and information processing service such as help desk.

Asahi Intelligence Service Co (TSE:9799) Headlines

No Headlines