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Saita (FSE:1999) Interest Coverage : N/A (As of Dec. 2024)


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What is Saita 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. Saita's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. Saita's Interest Expense for the three months ended in Dec. 2024 was 円0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

FSE:1999' s Interest Coverage Range Over the Past 10 Years
Min: 2.06   Med: 26.35   Max: 44.18
Current: 18.03


FSE:1999's Interest Coverage is ranked better than
66.49% of 1325 companies
in the Construction industry
Industry Median: 7.24 vs FSE:1999: 18.03

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


Saita Interest Coverage Historical Data

The historical data trend for Saita'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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Saita Interest Coverage Chart

Saita Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.38 42.28 36.36 32.37 18.03

Saita Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 28.97 12.30 19.67 13.08 N/A

Competitive Comparison of Saita's Interest Coverage

For the Engineering & Construction subindustry, Saita'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.


Saita's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saita's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Saita's Interest Coverage falls into.


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Saita 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.

Saita's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Saita's Interest Expense was 円-11 Mil. Its Operating Income was 円195 Mil. And its Long-Term Debt & Capital Lease Obligation was 円292 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*195.155/-10.825
=18.03

Saita's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Saita's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円238 Mil.

GuruFocus does not calculate Saita's interest coverage with the available data.

* 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.


Saita  (FSE:1999) 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 .


Saita Interest Coverage Related Terms

Thank you for viewing the detailed overview of Saita's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Saita Business Description

Traded in Other Exchanges
N/A
Address
472 Shitafuchi, Fukuoka prefecture, Asakura, JPN, 8338-0016
Saita Corp operates in the construction industry. The company engages in civil engineering and other construction works. It provides civil works such as roads, rivers, land construction, water and sewerage, agricultural civil engineering and disaster restoration.

Saita Headlines

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