GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hatch Work Co Ltd (TSE:148A) » Definitions » Interest Coverage

Hatch Work Co (TSE:148A) Interest Coverage : N/A (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Hatch Work 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. Hatch Work Co's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. Hatch Work Co's Interest Expense for the three months ended in Dec. 2024 was 円0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

TSE:148A' s Interest Coverage Range Over the Past 10 Years
Min: 4.49   Med: 17.28   Max: 32.13
Current: 32.13


TSE:148A's Interest Coverage is ranked better than
63.75% of 800 companies
in the Business Services industry
Industry Median: 13.19 vs TSE:148A: 32.13

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


Hatch Work Co Interest Coverage Historical Data

The historical data trend for Hatch Work 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.

Hatch Work Co Interest Coverage Chart

Hatch Work Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
- - 4.49 30.07

Hatch Work Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial N/A 31.38 14.00 51.97 N/A

Competitive Comparison of Hatch Work Co's Interest Coverage

For the Specialty Business Services subindustry, Hatch Work 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.


Hatch Work Co's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hatch Work Co's Interest Coverage distribution charts can be found below:

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


;
;

Hatch Work 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.

Hatch Work Co's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Hatch Work Co's Interest Expense was 円-6 Mil. Its Operating Income was 円183 Mil. And its Long-Term Debt & Capital Lease Obligation was 円214 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*183.253/-6.095
=30.07

Hatch Work Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Hatch Work Co's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円214 Mil.

GuruFocus does not calculate Hatch Work Co's interest coverage with the available data.

* 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.


Hatch Work Co  (TSE:148A) 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 .


Hatch Work Co Interest Coverage Related Terms

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


Hatch Work Co Business Description

Traded in Other Exchanges
N/A
Address
DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

Hatch Work Co Headlines

No Headlines