Arcs Co (TSE:9948) Interest Expense : 円-143 Mil (TTM As of Feb. 2024)

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What is Arcs Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arcs Co's interest expense for the three months ended in Feb. 2024 was 円 -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was 円-143 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. Arcs Co's Operating Income for the three months ended in Feb. 2024 was 円 5,739 Mil. Arcs Co's Interest Expense for the three months ended in Feb. 2024 was 円 -35 Mil. Arcs Co's Interest Coverage for the quarter that ended in Feb. 2024 was 163.97. 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.

Arcs Co Interest Expense Historical Data

The historical data trend for Arcs 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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Arcs Co Interest Expense Chart

Arcs Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

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-157.00

-152.00

-161.00

-145.00

-143.00

Arcs Co 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															-36.00	-36.00	-35.00	-37.00	-35.00

Arcs 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-143 Mil.

Arcs Co (TSE:9948) 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.

Arcs Co's Interest Expense for the three months ended in Feb. 2024 was 円-35 Mil. Its Operating Income for the three months ended in Feb. 2024 was 円5,739 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was 円17,634 Mil.

Arcs Co'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	*	5739	/	-35
	=	163.97

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. Arcs Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Arcs Co (TSE:9948) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Arcs Co Ltd (TSE:9948) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

11-2-32, Minami 13-jo Nishi, Chuo-ku, Sapporo, JPN, 064-8610

Website

http://www.arcs-g.co.jp

Arcs Co Ltd is a Japan-based company principally engaged in the supermarket business. The company also operates other businesses through subsidiaries, including tourism, building maintenance, real estate leasing, property and casualty insurance and life insurance agency, wholesale, food manufacturing, industrial and general waste collection, and construction businesses. The supermarket segment offers a broad range of merchandise, including foods, apparel, and housing-related products.

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