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DYNAM JAPAN HOLDINGS Co (HKSE:06889) Interest Coverage : 1.09 (As of Sep. 2023)


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What is DYNAM JAPAN HOLDINGS Co 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. DYNAM JAPAN HOLDINGS Co's Operating Income for the six months ended in Sep. 2023 was HK$105 Mil. DYNAM JAPAN HOLDINGS Co's Interest Expense for the six months ended in Sep. 2023 was HK$-97 Mil. DYNAM JAPAN HOLDINGS Co's interest coverage for the quarter that ended in Sep. 2023 was 1.09. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for DYNAM JAPAN HOLDINGS Co's Interest Coverage or its related term are showing as below:

HKSE:06889' s Interest Coverage Range Over the Past 10 Years
Min: 0.34   Med: 38.8   Max: 205.3
Current: 0.41


HKSE:06889's Interest Coverage is ranked worse than
95.08% of 610 companies
in the Travel & Leisure industry
Industry Median: 5.19 vs HKSE:06889: 0.41

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


DYNAM JAPAN HOLDINGS Co Interest Coverage Historical Data

The historical data trend for DYNAM JAPAN HOLDINGS 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.

* Premium members only.

DYNAM JAPAN HOLDINGS Co Interest Coverage Chart

DYNAM JAPAN HOLDINGS Co 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 138.55 7.68 0.68 3.34 0.34

DYNAM JAPAN HOLDINGS Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.15 2.53 1.12 - 1.09

Competitive Comparison of DYNAM JAPAN HOLDINGS Co's Interest Coverage

For the Gambling subindustry, DYNAM JAPAN HOLDINGS 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.


DYNAM JAPAN HOLDINGS Co's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DYNAM JAPAN HOLDINGS Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DYNAM JAPAN HOLDINGS Co's Interest Coverage falls into.



DYNAM JAPAN HOLDINGS Co 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.

DYNAM JAPAN HOLDINGS Co'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, DYNAM JAPAN HOLDINGS Co's Interest Expense was HK$-170 Mil. Its Operating Income was HK$57 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$8,014 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*57.075/-170.228
=0.34

DYNAM JAPAN HOLDINGS Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, DYNAM JAPAN HOLDINGS Co's Interest Expense was HK$-97 Mil. Its Operating Income was HK$105 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$8,263 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*105.001/-96.582
=1.09

* 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.


DYNAM JAPAN HOLDINGS Co  (HKSE:06889) 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 .


DYNAM JAPAN HOLDINGS Co Interest Coverage Related Terms

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DYNAM JAPAN HOLDINGS Co (HKSE:06889) Business Description

Traded in Other Exchanges
Address
2-25-1-702 Nishi-Nippori, Arakawa-ku, Tokyo, JPN, 116-0013
DYNAM JAPAN HOLDINGS Co Ltd is an investment holding company. The company's operating segment includes Pachinko business and Aircraft leasing business. It generates maximum revenue from Pachinko business segment. Geographically, it derives a majority of revenue from Japan.
Executives
Sato Kohei
Sato Yoji
Nishiwaki Yaeko
Sato Keiko
Sato Masahiro
Sato Shigehiro
Sato Aviation Capital Limited 2101 Beneficial owner
Eurasia Foundation (from Asia) (formerly Known As "one Asia Foundation")
Rich-o Co., Ltd.
Sato Shizuka 2101 Beneficial owner

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