GLLOF (Galileo Japan Trust) Interest Coverage: 8.02 (As of Jun. 2016)


What is Galileo Japan Trust Interest Coverage?

Galileo Japan Trust GLLOF Interest Coverage is 8.02 as of Jun. 2016.

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. Galileo Japan Trust's Operating Income for the six months ended in Jun. 2016 was $54.45 Mil. Galileo Japan Trust's Interest Expense for the six months ended in Jun. 2016 was $-6.79 Mil. Galileo Japan Trust's interest coverage for the quarter that ended in Jun. 2016 was 8.02. The higher the ratio, the stronger the company's financial strength is.

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


GLLOF's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 3.12
* Ranked among companies with meaningful Interest Coverage only.

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

Galileo Japan Trust  (GREY:GLLOF) 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 .

Galileo Japan Trust Interest Coverage Related Terms

Galileo Japan Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for Galileo Japan Trust'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.

Galileo Japan Trust Interest Coverage Chart

Galileo Japan Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.74 34.18 No Debt 7.81

Galileo Japan Trust Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 No Debt No Debt No Debt No Debt 8.02

GLLOF vs CLPR: Interest Coverage Comparison

For the REIT - Diversified subindustry, Galileo Japan Trust'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.

Galileo Japan Trust Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Galileo Japan Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Galileo Japan Trust's Interest Coverage falls into.


Galileo Japan Trust 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.

Galileo Japan Trust's Interest Coverage for the fiscal year that ended in Jun. 2016 is calculated as

Here, for the fiscal year that ended in Jun. 2016, Galileo Japan Trust's Interest Expense was $-6.79 Mil. Its Operating Income was $52.99 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2016 )/Interest Expense (A: Jun. 2016 )
=-1*52.991/-6.787
=7.81

Galileo Japan Trust's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Here, for the six months ended in Jun. 2016, Galileo Japan Trust's Interest Expense was $-6.79 Mil. Its Operating Income was $54.45 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2016 )/Interest Expense (Q: Jun. 2016 )
=-1*54.453/-6.787
=8.02

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 8.02 mean?
Galileo Japan Trust (GLLOF) has a Interest Coverage of 8.02 as of Jun. 2016. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Galileo Japan Trust and its competitors.
Is Galileo Japan Trust's Interest Coverage too high?
Galileo Japan Trust's current Interest Coverage is 8.02. The REITs industry median Interest Coverage is 3.12. Galileo Japan Trust's value of 8.02 is 157.1% above this industry median.
How does Galileo Japan Trust's Interest Coverage compare to CLPR?
Galileo Japan Trust's Interest Coverage of 8.02 can be compared against companies in the REITs industry. The industry median Interest Coverage is 3.12. Galileo Japan Trust's value of 8.02 is 157.1% 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 701 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. Galileo Japan Trust's current Interest Coverage of 8.02 is 157.1% 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 Galileo Japan Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galileo Japan Trust's current Interest Coverage is 8.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galileo Japan Trust stock overvalued right now?
Galileo Japan Trust (GLLOF) has a current Interest Coverage of 8.02. The current Interest Coverage is 8.02 and 157.1% above the REITs industry median of 3.12. 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 Galileo Japan Trust (GLLOF), the current Interest Coverage is 8.02 as of Jun. 2016. 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.

Galileo Japan Trust Business Description

Industry Real EstateREITs
Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000
Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.