Sotsu Co (Sotsu Co) Interest Coverage : No Debt ⁽¹⁾ (As of Nov. 2019)

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What is Sotsu 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. Sotsu Co's Operating Income for the three months ended in Nov. 2019 was $6.50 Mil. Sotsu Co's Interest Expense for the three months ended in Nov. 2019 was $0.00 Mil. Sotsu Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Sotsu Co Ltd 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 Sotsu Co's Interest Coverage or its related term are showing as below:

STUAF' s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: 16006.16
Current: No Debt

STUAF's Interest Coverage is not ranked
in the Media - Diversified industry.
Industry Median: 11.27 vs STUAF: 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.

Sotsu Co Interest Coverage Historical Data

The historical data trend for Sotsu 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.

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Sotsu Co Interest Coverage Chart

Sotsu Co Annual Data

Trend

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Interest Coverage

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No Debt

Sotsu Co Quarterly Data
	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Sotsu Co's Interest Coverage

For the Entertainment subindustry, Sotsu 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.

Sotsu Co's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sotsu Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sotsu Co's Interest Coverage falls into.

Sotsu 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.

Sotsu Co's Interest Coverage for the fiscal year that ended in Aug. 2019 is calculated as

Here, for the fiscal year that ended in Aug. 2019, Sotsu Co's Interest Expense was $0.00 Mil. Its Operating Income was $24.76 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sotsu Co had no debt ⁽¹⁾.

Sotsu Co's Interest Coverage for the quarter that ended in Nov. 2019 is calculated as

Here, for the three months ended in Nov. 2019, Sotsu Co's Interest Expense was $0.00 Mil. Its Operating Income was $6.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Sotsu Co had no debt ⁽¹⁾.

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

Sotsu Co (GREY:STUAF) 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 .

Sotsu Co Interest Coverage Related Terms

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

Sotsu Co (Sotsu Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sotsu Co Ltd (GREY:STUAF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-1, Hamamatsu-Cho, Minato-Ku, Tokyo, JPN, 105-6126

Website

http://www.sotsu-co.jp

Sotsu Co Ltd operates as an entertainment company in Japan. It works in Media division, Rights division, and Sports division. The Media division produces animations by planning and creating animated programmes with animation production companies. The Rights business division provides merchandising licenses for the animation characters to its partner companies including toy, game, food, miscellaneous goods, and apparel manufacturers among others, and the Sport business promote the merchandising of the baseball team's products and act as a copyright contract agency for professional baseball teams, and sell the merchandise to baseball team goods stores both inside and outside the stadium.

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Sotsu Co (Sotsu Co) Interest Coverage : No Debt (1) (As of Nov. 2019)