NCBDY (BANDAI NAMCO Holdings) Interest Coverage : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is BANDAI NAMCO Holdings 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. BANDAI NAMCO Holdings's Operating Income for the three months ended in Sep. 2024 was $487 Mil. BANDAI NAMCO Holdings's Interest Expense for the three months ended in Sep. 2024 was $0 Mil. BANDAI NAMCO Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

BANDAI NAMCO Holdings Inc 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 BANDAI NAMCO Holdings's Interest Coverage or its related term are showing as below:

NCBDY' s Interest Coverage Range Over the Past 10 Years
Min: 88.01 Med: 703.41 Max: 2334.58
Current: 88.01

NCBDY's Interest Coverage is ranked better than
84.6% of 591 companies
in the Travel & Leisure industry
Industry Median: 4.72 vs NCBDY: 88.01

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

BANDAI NAMCO Holdings Interest Coverage Historical Data

The historical data trend for BANDAI NAMCO Holdings'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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BANDAI NAMCO Holdings Interest Coverage Chart

BANDAI NAMCO Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

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635.12

369.62

332.92

350.80

292.55

BANDAI NAMCO Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial															No Debt	9.21	133.28	463.26	No Debt

Competitive Comparison of BANDAI NAMCO Holdings's Interest Coverage

For the Leisure subindustry, BANDAI NAMCO Holdings'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.

BANDAI NAMCO Holdings's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BANDAI NAMCO Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BANDAI NAMCO Holdings's Interest Coverage falls into.

BANDAI NAMCO Holdings 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.

BANDAI NAMCO Holdings's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, BANDAI NAMCO Holdings's Interest Expense was $-2 Mil. Its Operating Income was $605 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	605.279	/	-2.069
	=	292.55

BANDAI NAMCO Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, BANDAI NAMCO Holdings's Interest Expense was $0 Mil. Its Operating Income was $487 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

BANDAI NAMCO Holdings had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

BANDAI NAMCO Holdings (OTCPK:NCBDY) 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 .

BANDAI NAMCO Holdings Interest Coverage Related Terms

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BANDAI NAMCO Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BANDAI NAMCO Holdings Inc (OTCPK:NCBDY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

NCBDF:USA 7832:Japan N9B:Germany

Address

5-37-8, Shiba, Minato-ku, Tokyo, JPN, 108-0014

Website

http://www.bandainamco.co.jp

BANDAI NAMCO Holdings Inc owns a range of leisure related businesses in Japan. The company's primary business segments are Network Entertainment and Toys. The Network Entertainment segment represents a higher portion of revenues than that of Toys. It is known for developing and marketing home video game software, arcade game machines and management of amusement facilities. The Toys segment is concerned with selling vending machine capsule toys and other collectibles. Additionally, the company offers interactive media products in the form of music software and on-demand video content. Bandai Namco's revenue primarily depends on its domestic businesses and to a lesser extent on its activities in America, Europe and other Asian regions.

NCBDY (BANDAI NAMCO Holdings) Interest Coverage : No Debt (1) (As of Sep. 2024)