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Unite and Grow (TSE:4486) Interest Coverage : N/A (As of Dec. 2024)


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What is Unite and Grow 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. Unite and Grow's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. Unite and Grow's Interest Expense for the three months ended in Dec. 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. Unite and Grow Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:4486' s Interest Coverage Range Over the Past 10 Years
Min: 202.1   Med: 1311.89   Max: 2885.79
Current: 2668.83


TSE:4486's Interest Coverage is ranked better than
87% of 1677 companies
in the Software industry
Industry Median: 26.09 vs TSE:4486: 2668.83

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


Unite and Grow Interest Coverage Historical Data

The historical data trend for Unite and Grow'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.

Unite and Grow Interest Coverage Chart

Unite and Grow Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 814.78 1,808.99 1,952.61 2,418.64 2,885.79

Unite and Grow Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 3,079.09 3,265.31 2,456.71 1,857.17 N/A

Competitive Comparison of Unite and Grow's Interest Coverage

For the Information Technology Services subindustry, Unite and Grow'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.


Unite and Grow's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Unite and Grow's Interest Coverage falls into.


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Unite and Grow 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.

Unite and Grow's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Unite and Grow's Interest Expense was 円-0 Mil. Its Operating Income was 円395 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*395.353/-0.137
=2,885.79

Unite and Grow's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Unite and Grow's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1 Mil.

GuruFocus does not calculate Unite and Grow'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.


Unite and Grow  (TSE:4486) 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 .


Unite and Grow Interest Coverage Related Terms

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


Unite and Grow Business Description

Traded in Other Exchanges
N/A
Address
4-3 Kanda-Surugadai Chiyoda-ku, Shin-Ochanomizu Building 3rd Floor, Tokyo, JPN, 101-0062
Unite and Grow Inc is a provider of IT administration insourcing service for SMBs, and venture/growth companies. The company's services include Telephone IT Consulting, Onsite Troubleshooting, Regular Visits by Full-time Engineers, Periodical Visit Service, Remote Operations Monitoring Service, IT Consulting, IT Literacy Training, Management Seminars, and On-line Q&A Community Syszo.

Unite and Grow Headlines

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