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Last One Mile Co (TSE:9252) Interest Coverage : 36.15 (As of Feb. 2024)


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What is Last One Mile 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. Last One Mile Co's Operating Income for the three months ended in Feb. 2024 was 円197 Mil. Last One Mile Co's Interest Expense for the three months ended in Feb. 2024 was 円-5 Mil. Last One Mile Co's interest coverage for the quarter that ended in Feb. 2024 was 36.15. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Last One Mile Co's Interest Coverage or its related term are showing as below:

TSE:9252' s Interest Coverage Range Over the Past 10 Years
Min: 9.83   Med: 36.58   Max: 46.06
Current: 25.63


TSE:9252's Interest Coverage is ranked better than
60.25% of 795 companies
in the Business Services industry
Industry Median: 13.67 vs TSE:9252: 25.63

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


Last One Mile Co Interest Coverage Historical Data

The historical data trend for Last One Mile 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.

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Last One Mile Co Interest Coverage Chart

Last One Mile Co Annual Data
Trend Nov19 Nov20 Nov21
Interest Coverage
36.58 9.83 46.06

Last One Mile Co Quarterly Data
Nov19 Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.29 - 43.29 21.12 36.15

Competitive Comparison of Last One Mile Co's Interest Coverage

For the Specialty Business Services subindustry, Last One Mile 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.


Last One Mile Co's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Last One Mile Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Last One Mile Co's Interest Coverage falls into.



Last One Mile 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.

Last One Mile Co's Interest Coverage for the fiscal year that ended in Nov. 2021 is calculated as

Here, for the fiscal year that ended in Nov. 2021, Last One Mile Co's Interest Expense was 円-5 Mil. Its Operating Income was 円217 Mil. And its Long-Term Debt & Capital Lease Obligation was 円177 Mil.

Interest Coverage=-1* Operating Income (A: Nov. 2021 )/Interest Expense (A: Nov. 2021 )
=-1*216.818/-4.707
=46.06

Last One Mile Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Last One Mile Co's Interest Expense was 円-5 Mil. Its Operating Income was 円197 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,748 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*197.098/-5.452
=36.15

* 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.


Last One Mile Co  (TSE:9252) 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 .


Last One Mile Co Interest Coverage Related Terms

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Last One Mile Co (TSE:9252) Business Description

Traded in Other Exchanges
N/A
Address
4-21-1 Higashiikebukuro, Toshima-ku, Tokyo, JPN, 170-0013
Last One Mile Co Ltd is engaged in selling new electronic power, new gas and internet connections.

Last One Mile Co (TSE:9252) Headlines

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