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Nankai Tatsumura Construction Co (TSE:1850) Interest Coverage : N/A (As of Sep. 2024)


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What is Nankai Tatsumura Construction 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. Nankai Tatsumura Construction Co's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. Nankai Tatsumura Construction Co's Interest Expense for the three months ended in Sep. 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.

Good Sign:

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

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

TSE:1850' s Interest Coverage Range Over the Past 10 Years
Min: 7.46   Med: 56.68   Max: 153.36
Current: 153.36


TSE:1850's Interest Coverage is ranked better than
87.85% of 1325 companies
in the Construction industry
Industry Median: 7.24 vs TSE:1850: 153.36

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


Nankai Tatsumura Construction Co Interest Coverage Historical Data

The historical data trend for Nankai Tatsumura Construction 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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Nankai Tatsumura Construction Co Interest Coverage Chart

Nankai Tatsumura Construction Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.89 55.16 91.95 92.25 153.36

Nankai Tatsumura Construction Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.75 55.00 211.33 432.00 N/A

Competitive Comparison of Nankai Tatsumura Construction Co's Interest Coverage

For the Engineering & Construction subindustry, Nankai Tatsumura Construction 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.


Nankai Tatsumura Construction Co's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nankai Tatsumura Construction Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nankai Tatsumura Construction Co's Interest Coverage falls into.


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Nankai Tatsumura Construction 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.

Nankai Tatsumura Construction 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, Nankai Tatsumura Construction Co's Interest Expense was 円-11 Mil. Its Operating Income was 円1,687 Mil. And its Long-Term Debt & Capital Lease Obligation was 円82 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*1687/-11
=153.36

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

Here, for the three months ended in Sep. 2024, Nankai Tatsumura Construction 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55 Mil.

GuruFocus does not calculate Nankai Tatsumura Construction 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.


Nankai Tatsumura Construction Co  (TSE:1850) 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 .


Nankai Tatsumura Construction Co Interest Coverage Related Terms

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


Nankai Tatsumura Construction Co Business Description

Traded in Other Exchanges
N/A
Address
3 - chome 5 - 19, Naniwa-ku Nanba Naka, Nanhai Nanba Building, Osaka, JPN, 556-0011
Nankai Tatsumura Construction Co Ltd is engaged in general construction like civil, construction, pipe, electrical, and telecommunications construction, design industry, buying and selling real estate owned as well as other general construction work.

Nankai Tatsumura Construction Co Headlines

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