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. Green Cross Co's
Operating Income
for the
three
months ended in Apr. 2024 was 円469 Mil. Green Cross Co's Interest Expense for the
three
months ended in Apr. 2024 was 円-10 Mil.
Green Cross Co's interest coverage for the quarter that ended in Apr. 2024 was 48.69.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Green Cross Co's Interest Coverage or its related term are showing as below:
FSE:7533's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 12.98 * Ranked among companies with meaningful Interest Coverage only.
Green Cross Co (FSE:7533) 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 .
Green Cross Co Interest Coverage Related Terms
Green Cross Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Green Cross 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.
FSE:7533 vs URI, AER, FTAI: Interest Coverage Comparison
For the Rental & Leasing Services subindustry, Green Cross 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.
Green Cross Co Interest Coverage vs Business Services Industry
For the Business Services industry and Industrials sector, Green Cross Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Green Cross Co's Interest Coverage falls into.
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:
* 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.
Green Cross Co (FSE:7533) has a Interest Coverage of 48.69 as of Apr. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Green Cross Co and its competitors.
Is Green Cross Co's Interest Coverage too high?
Green Cross Co's current Interest Coverage is 48.69. The Business Services industry median Interest Coverage is 12.98. Green Cross Co's value of 48.69 is 275.1% above this industry median. Overall, Green Cross Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Green Cross Co's Interest Coverage compare to URI and AER?
Green Cross Co's Interest Coverage of 48.69 can be compared against companies in the Business Services industry. The industry median Interest Coverage is 12.98. Green Cross Co's value of 48.69 is 275.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Green Cross Co's current Interest Coverage of 48.69 is 275.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Green Cross Co and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Cross Co's current Interest Coverage is 48.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Co stock overvalued right now?
Green Cross Co (FSE:7533) has a current Interest Coverage of 48.69. The current Interest Coverage is 48.69 and 275.1% above the Business Services industry median of 12.98. Green Cross Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Green Cross Co (FSE:7533), the current Interest Coverage is 48.69 as of Apr. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Green Cross Co Ltd is a Japan-based company that engages in the manufacture, sale, and rental of safety items. Its products include road safety materials, disaster prevention necessities, safety equipment, protection gear, and signboards and tags.
12GF Score
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