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Mitsui Knowledge Industry Co (TSE:2665) Interest Coverage : No Debt (1) (As of Sep. 2014)


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What is Mitsui Knowledge Industry Co Interest Coverage?

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 by its Interest Expense. Mitsui Knowledge Industry Co's Operating Income for the three months ended in Sep. 2014 was 円-150 Mil. Mitsui Knowledge Industry Co's Interest Expense for the three months ended in Sep. 2014 was 円0 Mil. Mitsui Knowledge Industry Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

The historical rank and industry rank for Mitsui Knowledge Industry Co's Interest Coverage or its related term are showing as below:

TSE:2665' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: No Debt   Max: No Debt
Current: No Debt


TSE:2665's Interest Coverage is not ranked
in the Hardware industry.
Industry Median: 12.57 vs TSE:2665: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mitsui Knowledge Industry Co Interest Coverage Historical Data

The historical data trend for Mitsui Knowledge Industry Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Mitsui Knowledge Industry Co Interest Coverage Chart

Mitsui Knowledge Industry Co Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt N/A

Mitsui Knowledge Industry Co Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Interest Coverage 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 No Debt No Debt N/A No Debt No Debt

Competitive Comparison of Mitsui Knowledge Industry Co's Interest Coverage

For the Communication Equipment subindustry, Mitsui Knowledge Industry Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsui Knowledge Industry Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mitsui Knowledge Industry Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitsui Knowledge Industry Co's Interest Coverage falls into.



Mitsui Knowledge Industry Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mitsui Knowledge Industry Co's Interest Coverage for the fiscal year that ended in Mar. 2014 is calculated as

Here, for the fiscal year that ended in Mar. 2014, Mitsui Knowledge Industry Co's Interest Expense was 円0 Mil. Its Operating Income was 円11 Mil. And its Long-Term Debt & Capital Lease Obligation was 円28 Mil.

GuruFocus does not calculate Mitsui Knowledge Industry Co's interest coverage with the available data.

Mitsui Knowledge Industry Co's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Here, for the three months ended in Sep. 2014, Mitsui Knowledge Industry Co's Interest Expense was 円0 Mil. Its Operating Income was 円-150 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Mitsui Knowledge Industry Co had no 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.


Mitsui Knowledge Industry Co  (TSE:2665) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Mitsui Knowledge Industry Co Interest Coverage Related Terms

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Mitsui Knowledge Industry Co (TSE:2665) Business Description

Traded in Other Exchanges
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Address
Mitsui Knowledge Industry Co Ltd provide comprehensive services from consultation, R&D, product sales, to operation & maintenance in the area of system & network integration as well as datacenter services and other related IT communication services.

Mitsui Knowledge Industry Co (TSE:2665) Headlines

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