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Sakata Inx (TSE:4633) Interest Coverage : 7.46 (As of Dec. 2024)


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What is Sakata Inx 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. Sakata Inx's Operating Income for the three months ended in Dec. 2024 was 円2,223 Mil. Sakata Inx's Interest Expense for the three months ended in Dec. 2024 was 円-298 Mil. Sakata Inx's interest coverage for the quarter that ended in Dec. 2024 was 7.46. The higher the ratio, the stronger the company's financial strength is.

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

TSE:4633' s Interest Coverage Range Over the Past 10 Years
Min: 7.77   Med: 21.29   Max: 38.63
Current: 14.73


TSE:4633's Interest Coverage is ranked better than
58.42% of 1188 companies
in the Chemicals industry
Industry Median: 9.72 vs TSE:4633: 14.73

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


Sakata Inx Interest Coverage Historical Data

The historical data trend for Sakata Inx'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.

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Sakata Inx Interest Coverage Chart

Sakata Inx Annual Data
Trend Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.01 31.16 7.77 14.93 16.23

Sakata Inx Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.23 19.02 20.94 7.46 16.07

Competitive Comparison of Sakata Inx's Interest Coverage

For the Specialty Chemicals subindustry, Sakata Inx'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.


Sakata Inx's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sakata Inx's Interest Coverage distribution charts can be found below:

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


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Sakata Inx 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.

Sakata Inx'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, Sakata Inx's Interest Expense was 円-811 Mil. Its Operating Income was 円13,162 Mil. And its Long-Term Debt & Capital Lease Obligation was 円21,159 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*13162/-811
=16.23

Sakata Inx's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Sakata Inx's Interest Expense was 円-298 Mil. Its Operating Income was 円2,223 Mil. And its Long-Term Debt & Capital Lease Obligation was 円21,159 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2223/-298
=7.46

* 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.


Sakata Inx  (TSE:4633) 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 .


Sakata Inx Interest Coverage Related Terms

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


Sakata Inx Business Description

Traded in Other Exchanges
N/A
Address
1-23-37, Edo, Nishi-ku, Osaka, JPN, 550-0002
Sakata Inx Corp manufactures and sells a variety of ink and printing-related products. The firm's product portfolio includes newspaper and commercial printing ink, packaging ink, and metal decorating ink. The company organizes itself into five segments. Four of the segments are related to ink sales and are classified by geography: Japan, Asia, North America, and Europe. The majority of revenue comes from ink sales in Japan and North America. The digital and specialty products segment sells inkjet ink, toners, color filters, pigment dispersions for liquid crystal displays, and gloss and waterproof coatings.

Sakata Inx Headlines

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