Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Interest Coverage

Nippon Telegraph & Telephone Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Interest Coverage							50.06	31.42	33.39	32.12	23.23

Nippon Telegraph & Telephone Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																19.37	18.44	15.28	17.28	15.30

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.

For the Telecommunication Services industry and Communication Services sector, Nippon Telegraph & Telephone's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nippon Telegraph & Telephone's Interest Coverage falls into.

Nippon Telegraph & Telephone 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

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

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

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

Nippon Telegraph & Telephone's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Nippon Telegraph & Telephone's Interest Expense was $-594 Mil. Its Operating Income was $13,803 Mil. And its Long-Term Debt & Capital Lease Obligation was $53,156 Mil.

Nippon Telegraph & Telephone's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Nippon Telegraph & Telephone's Interest Expense was $-243 Mil. Its Operating Income was $3,726 Mil. And its Long-Term Debt & Capital Lease Obligation was $53,404 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.

The higher the ratio, the stronger the company's Financial Strength is.

Nippon Telegraph & Telephone  (OTCPK:NTTYY) 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 .

Nippon Telegraph & Telephone Interest Coverage Related Terms

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Nippon Telegraph & Telephone (Nippon Telegraph & Telephone) Business Description