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CNS Co (TSE:4076) Interest Coverage : N/A (As of Nov. 2024)


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What is CNS 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. CNS Co's Operating Income for the three months ended in Nov. 2024 was 円0 Mil. CNS Co'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.

Good Sign:

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

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

TSE:4076' s Interest Coverage Range Over the Past 10 Years
Min: 255   Med: 2205.87   Max: 3508.84
Current: 2175.35


TSE:4076's Interest Coverage is ranked better than
86.32% of 1674 companies
in the Software industry
Industry Median: 26.06 vs TSE:4076: 2175.35

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


CNS Co Interest Coverage Historical Data

The historical data trend for CNS 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.

CNS Co Interest Coverage Chart

CNS Co Annual Data
Trend May19 May20 May21 May22 May23 May24
Interest Coverage
Get a 7-Day Free Trial 680.97 2,374.31 3,508.84 2,236.39 2,175.35

CNS Co Quarterly Data
May19 May20 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 1,835.95 2,457.32 2,740.17 1,656.80 N/A

Competitive Comparison of CNS Co's Interest Coverage

For the Information Technology Services subindustry, CNS 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.


CNS Co's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, CNS Co's Interest Coverage distribution charts can be found below:

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


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CNS 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.

CNS Co's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, CNS Co's Interest Expense was 円-0 Mil. Its Operating Income was 円620 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8 Mil.

Interest Coverage=-1* Operating Income (A: May. 2024 )/Interest Expense (A: May. 2024 )
=-1*619.974/-0.285
=2,175.35

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

Here, for the three months ended in Nov. 2024, CNS 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6 Mil.

GuruFocus does not calculate CNS 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.


CNS Co  (TSE:4076) 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 .


CNS Co Interest Coverage Related Terms

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


CNS Co Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Ebisu Minami, 9th Floor of JR Ebisu Building, Shibuya-ku, Tokyo, JPN, 150-0022
CNS Co Ltd is an information technology solutions company.

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