Home Position Co (TSE:2999) Interest Coverage : 0 (At Loss) (As of Feb. 2024)

Home Position Co Interest Coverage Chart

Home Position Co Quarterly Data
	Aug20	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Coverage	Get a 7-Day Free Trial						1.36	-	7.16	-	-

Competitive Comparison of Home Position Co's Interest Coverage

For the Residential Construction subindustry, Home Position 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.

Home Position Co's Interest Coverage Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Home Position Co's Interest Coverage distribution charts can be found below:

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

Home Position 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Home Position Co's Interest Coverage for the fiscal year that ended in Aug. 2023 is calculated as

Here, for the fiscal year that ended in Aug. 2023, Home Position Co's Interest Expense was 円-163 Mil. Its Operating Income was 円377 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,121 Mil.

Home Position Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Home Position Co's Interest Expense was 円-40 Mil. Its Operating Income was 円-313 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,198 Mil.

* 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.

Home Position Co  (TSE:2999) 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 .

Home Position Co Interest Coverage Related Terms

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Home Position Co (TSE:2999) Business Description