Honda Motor Co., Ltd.

Published by Stock Analysis on Net

Last updated: 2018-02-06 06:03:55

Interest Coverage

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Net income (loss) 679,394 406,358 561,098 665,911
Add: Income tax expense (benefit) 327,592 229,092 245,139 267,992
Add: Interest expense 12,471 18,146 18,194 12,803
Earnings before interest and tax (EBIT)
1,019,457
653,596
824,431
946,706
Interest expense 12,471 18,146 18,194 12,803

Ratio

Interest coverage 81.75 36.02 45.31 73.94

2017 calculation:

Interest coverage = EBIT ÷ Interest expense
= 1,019,457 ÷ 12,471 = 81.75