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MOH Nippon (LSE:MOH) Interest Coverage : No Debt (1) (As of Apr. 2024)


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What is MOH Nippon 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. MOH Nippon's Operating Income for the six months ended in Apr. 2024 was £-0.00 Mil. MOH Nippon's Interest Expense for the six months ended in Apr. 2024 was £0.00 Mil. MOH Nippon has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

MOH Nippon PLC has no debt.

(1) 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.

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

LSE:MOH' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


LSE:MOH's Interest Coverage is ranked better than
99.34% of 453 companies
in the Asset Management industry
Industry Median: 47.99 vs LSE:MOH: No Debt

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


MOH Nippon Interest Coverage Historical Data

The historical data trend for MOH Nippon'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.

MOH Nippon Interest Coverage Chart

MOH Nippon Annual Data
Trend Apr22 Apr23
Interest Coverage
No Debt No Debt

MOH Nippon Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24
Interest Coverage No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of MOH Nippon's Interest Coverage

For the Asset Management subindustry, MOH Nippon'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.


MOH Nippon's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MOH Nippon's Interest Coverage distribution charts can be found below:

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



MOH Nippon 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.

MOH Nippon's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, MOH Nippon's Interest Expense was £0.00 Mil. Its Operating Income was £-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

MOH Nippon had no debt (1).

MOH Nippon's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Here, for the six months ended in Apr. 2024, MOH Nippon's Interest Expense was £0.00 Mil. Its Operating Income was £-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

MOH Nippon had no debt (1).

* 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.


MOH Nippon  (LSE:MOH) 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 .


MOH Nippon Interest Coverage Related Terms

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


MOH Nippon Business Description

Traded in Other Exchanges
N/A
Address
71-75 Shelton Street, Covent Garden, London, GBR, WC2H 9JQ
MOH Nippon PLC provides crowdfunding services for real estate investment in Japan. The company provides investment platform for local investors to participate in fund products for seeking returns from investment into real estate.