SAKURA KCS (TSE:4761) Interest Coverage : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is SAKURA KCS 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. SAKURA KCS's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. SAKURA KCS's Interest Expense for the three months ended in Sep. 2024 was 円0 Mil. SAKURA KCS has no debt. 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. SAKURA KCS Corp has enough cash to cover all of its debt. Its financial situation is stable.

(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 SAKURA KCS's Interest Coverage or its related term are showing as below:

TSE:4761' s Interest Coverage Range Over the Past 10 Years
Min: 6.29 Med: 30.11 Max: 112.8
Current: 112.8

TSE:4761's Interest Coverage is ranked better than
69.47% of 1674 companies
in the Software industry
Industry Median: 26.06 vs TSE:4761: 112.80

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

SAKURA KCS Interest Coverage Historical Data

The historical data trend for SAKURA KCS'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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SAKURA KCS Interest Coverage Chart

SAKURA KCS Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

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38.95

36.45

43.11

82.75

112.80

SAKURA KCS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Interest Coverage	Get a 7-Day Free Trial															102.50	138.00	154.50	66.67	No Debt

Competitive Comparison of SAKURA KCS's Interest Coverage

For the Information Technology Services subindustry, SAKURA KCS'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.

SAKURA KCS's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where SAKURA KCS's Interest Coverage falls into.

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SAKURA KCS 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.

SAKURA KCS's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, SAKURA KCS's Interest Expense was 円-10 Mil. Its Operating Income was 円1,128 Mil. And its Long-Term Debt & Capital Lease Obligation was 円306 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	1128	/	-10
	=	112.80

SAKURA KCS's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

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

SAKURA KCS had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

SAKURA KCS (TSE:4761) 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 .

SAKURA KCS Interest Coverage Related Terms

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

SAKURA KCS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SAKURA KCS Corp (TSE:4761) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

21-1 Harima-cho Chuo-ku, Kobe, JPN

Website

https://www.kcs.co.jp

SAKURA KCS Corp is an information service provider. Its services include consulting, system integration, business solution, ICT-based solution, data center, and business process outsourcing. Consulting includes privacy mark acquisition support consulting, system audit, system consulting, consulting for building information security structure. System integration is based on system building. ICT infrastructure provides the infrastructure that supports information systems, networks, servers for utilizing information and communication technology. The data center provides facility (equipment), operation support, and cloud service. Business process outsourcing provides consistent information processing service from data input to calculation processing, form output, delivery.

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SAKURA KCS (TSE:4761) Interest Coverage : No Debt (1) (As of Sep. 2024)