JSH Co (TSE:150A) Interest Coverage : 8.67 (As of Sep. 2024)

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What is JSH 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. JSH Co's Operating Income for the three months ended in Sep. 2024 was 円9 Mil. JSH Co's Interest Expense for the three months ended in Sep. 2024 was 円-1 Mil. JSH Co's interest coverage for the quarter that ended in Sep. 2024 was 8.67. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. JSH Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:150A' s Interest Coverage Range Over the Past 10 Years
Min: 7.21 Med: 27.08 Max: 61.62
Current: 55.27

TSE:150A's Interest Coverage is ranked better than
86.12% of 425 companies
in the Conglomerates industry
Industry Median: 5.19 vs TSE:150A: 55.27

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

JSH Co Interest Coverage Historical Data

The historical data trend for JSH 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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JSH Co Interest Coverage Chart

JSH Co Annual Data

Trend

Mar22

Mar23

Mar24

Interest Coverage

7.21

27.08

61.62

JSH Co Quarterly Data
	Mar22	Mar23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial			N/A	N/A	80.85	80.61	8.67

Competitive Comparison of JSH Co's Interest Coverage

For the Conglomerates subindustry, JSH 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.

JSH Co's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, JSH Co's Interest Coverage distribution charts can be found below:

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

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JSH 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.

JSH Co'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, JSH Co's Interest Expense was 円-3 Mil. Its Operating Income was 円208 Mil. And its Long-Term Debt & Capital Lease Obligation was 円124 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	208.41	/	-3.382
	=	61.62

JSH Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, JSH Co's Interest Expense was 円-1 Mil. Its Operating Income was 円9 Mil. And its Long-Term Debt & Capital Lease Obligation was 円58 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	8.609	/	-0.993
	=	8.67

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

JSH Co (TSE:150A) 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 .

JSH Co Interest Coverage Related Terms

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

JSH Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » JSH Co Ltd (TSE:150A) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-5 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031

Website

https://www.jsh-japan.jp

JSH Co Ltd is engaged in Regional revitalization business (Employment support services for people with disabilities, Tourism and tourist products service), and Home medical care business (Psychiatric home visit consultations and home nursing care services).

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