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FUJI Seal International (TSE:7864) Interest Coverage

: 27.23 (As of Dec. 2023)
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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. FUJI Seal International's Operating Income for the three months ended in Dec. 2023 was 円3,567 Mil. FUJI Seal International's Interest Expense for the three months ended in Dec. 2023 was 円-131 Mil. FUJI Seal International's interest coverage for the quarter that ended in Dec. 2023 was 27.23. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for FUJI Seal International's Interest Coverage or its related term are showing as below:

TSE:7864' s Interest Coverage Range Over the Past 10 Years
Min: 36.45   Med: 137.37   Max: 201.16
Current: 36.45


TSE:7864's Interest Coverage is ranked better than
79.81% of 312 companies
in the Packaging & Containers industry
Industry Median: 7.215 vs TSE:7864: 36.45

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


FUJI Seal International Interest Coverage Historical Data

The historical data trend for FUJI Seal International'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.

FUJI Seal International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.90 201.16 185.51 146.83 81.95

FUJI Seal International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.84 86.91 48.03 29.67 27.23

Competitive Comparison

For the Packaging & Containers subindustry, FUJI Seal International'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.


FUJI Seal International Interest Coverage Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, FUJI Seal International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FUJI Seal International's Interest Coverage falls into.



FUJI Seal International 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.

FUJI Seal International'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, FUJI Seal International's Interest Expense was 円-100 Mil. Its Operating Income was 円8,195 Mil. And its Long-Term Debt & Capital Lease Obligation was 円152 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*8195/-100
=81.95

FUJI Seal International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, FUJI Seal International's Interest Expense was 円-131 Mil. Its Operating Income was 円3,567 Mil. And its Long-Term Debt & Capital Lease Obligation was 円160 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*3567/-131
=27.23

* 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.


FUJI Seal International  (TSE:7864) 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 .


FUJI Seal International Interest Coverage Related Terms

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FUJI Seal International (TSE:7864) Business Description

Traded in Other Exchanges
Address
1-9-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
FUJI Seal manufactures a variety of packaging products. The majority of the company's revenue comes from the sale of shrink labels, which are used to label consumer products on plastic, glass, and metallic containers. FUJI Seal also sells self-adhesive labels used to label consumer products, soft pouches used for food, beverages, and personal care products, packaging machinery, and other packaging products. The firm organizes itself into five segments based on geography: Japan, Americas, Europe, PAGO, and ASEAN. The majority of revenue comes from Japan.

FUJI Seal International (TSE:7864) Headlines

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