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Honda Motor Co (STU:HDMA) Interest Expense : €-387 Mil (TTM As of Jun. 2024)


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What is Honda Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Honda Motor Co's interest expense for the three months ended in Jun. 2024 was € -72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-387 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. Honda Motor Co's Operating Income for the three months ended in Jun. 2024 was € 2,852 Mil. Honda Motor Co's Interest Expense for the three months ended in Jun. 2024 was € -72 Mil. Honda Motor Co's Interest Coverage for the quarter that ended in Jun. 2024 was 39.67. 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.

Honda Motor Co Interest Expense Historical Data

The historical data trend for Honda Motor 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.

Honda Motor Co Interest Expense Chart

Honda Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -207.52 -107.24 -129.16 -252.34 -366.18

Honda Motor Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -59.04 -68.78 -77.32 -169.45 -71.91

Honda Motor 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-387 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.

Honda Motor Co  (STU:HDMA) 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.

Honda Motor Co's Interest Expense for the three months ended in Jun. 2024 was €-72 Mil. Its Operating Income for the three months ended in Jun. 2024 was €2,852 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €36,267 Mil.

Honda Motor Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*2852.47/-71.908
=39.67

* 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.

Honda Motor Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Honda Motor Co Ltd (STU:HDMA) » Definitions » Interest Expense
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Traded in Other Exchanges
HNDAF:USA HMC:USA HMC:Mexico 7267:Japan 0J5T:UK HDM:Germany HDM:Germany HDMA:Germany HDM:Germany HOND34:Brazil HMC:Argentina
Address
No. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556
Website
https://global.honda
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 22.9 million light vehicles and motorcycles in fiscal 2024 (4.1 million of which were autos), and consolidated sales were JPY 20.4 trillion. Automobiles constitute 66% of revenue and motorcycles 16%, with the rest split between power products and financial services. Honda also makes robots and private jets.

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