GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sala Corp (TSE:2734) » Definitions » Interest Coverage

Sala (TSE:2734) Interest Coverage : N/A (As of Nov. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Sala 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. Sala's Operating Income for the three months ended in Nov. 2024 was 円0 Mil. Sala's Interest Expense for the three months ended in Nov. 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 Sala's Interest Coverage or its related term are showing as below:

TSE:2734' s Interest Coverage Range Over the Past 10 Years
Min: 15.45   Med: 34.54   Max: 48.19
Current: 33.43


TSE:2734's Interest Coverage is ranked better than
80.75% of 426 companies
in the Conglomerates industry
Industry Median: 5.065 vs TSE:2734: 33.43

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


Sala Interest Coverage Historical Data

The historical data trend for Sala'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.

Sala Interest Coverage Chart

Sala Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.34 43.95 48.19 39.51 29.21

Sala Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 - 41.48 57.75 44.30 N/A

Competitive Comparison of Sala's Interest Coverage

For the Conglomerates subindustry, Sala'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.


Sala's Interest Coverage Distribution in the Conglomerates Industry

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

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


;
;

Sala 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.

Sala's Interest Coverage for the fiscal year that ended in Nov. 2024 is calculated as

Here, for the fiscal year that ended in Nov. 2024, Sala's Interest Expense was 円-216 Mil. Its Operating Income was 円6,309 Mil. And its Long-Term Debt & Capital Lease Obligation was 円41,415 Mil.

Interest Coverage=-1* Operating Income (A: Nov. 2024 )/Interest Expense (A: Nov. 2024 )
=-1*6309/-216
=29.21

Sala's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, Sala's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円41,415 Mil.

GuruFocus does not calculate Sala'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.


Sala  (TSE:2734) 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 .


Sala Interest Coverage Related Terms

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


Sala Business Description

Traded in Other Exchanges
N/A
Address
Sala Tower, 1-55 Ekimae-odori, Aichi Prefecture, Toyohashi, JPN, 440-8533
Sala Corp is a holding company, engaged in the management and operation of subsidiaries. The company operates in Energy and Solutions, Car Life Support, Housing, Engineering and Maintenance, Animal Health Care, and Properties segments.

Sala Headlines

No Headlines