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Just Planning (TSE:4287) Interest Coverage : No Debt (1) (As of Jul. 2024)


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What is Just Planning 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. Just Planning's Operating Income for the three months ended in Jul. 2024 was 円112 Mil. Just Planning's Interest Expense for the three months ended in Jul. 2024 was 円0 Mil. Just Planning has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Just Planning Inc has no debt.

(1) 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.

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

TSE:4287' s Interest Coverage Range Over the Past 10 Years
Min: 2570.69   Med: 6199.07   Max: 13546.81
Current: No Debt


TSE:4287's Interest Coverage is ranked better than
99.49% of 1582 companies
in the Hardware industry
Industry Median: 13.475 vs TSE:4287: No Debt

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


Just Planning Interest Coverage Historical Data

The historical data trend for Just Planning'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.

Just Planning Interest Coverage Chart

Just Planning Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,811.26 2,570.69 3,928.38 11,897.61 No Debt

Just Planning Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Just Planning's Interest Coverage

For the Computer Hardware subindustry, Just Planning'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.


Just Planning's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Just Planning's Interest Coverage distribution charts can be found below:

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



Just Planning 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.

Just Planning's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Just Planning's Interest Expense was 円0 Mil. Its Operating Income was 円493 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Just Planning had no debt (1).

Just Planning's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Here, for the three months ended in Jul. 2024, Just Planning's Interest Expense was 円0 Mil. Its Operating Income was 円112 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Just Planning had no debt (1).

* 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.


Just Planning  (TSE:4287) 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 .


Just Planning Interest Coverage Related Terms

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


Just Planning Business Description

Traded in Other Exchanges
N/A
Address
7-35-1 Nishi-Kamata, Ohta-ku, Tokyo, JPN, 144-0051
Just Planning Inc is a Japan-based company engages in the development and sale of computer systems for the restaurant industry.

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