DreamArts (TSE:4811) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is DreamArts 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. DreamArts's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. DreamArts's Interest Expense for the three months ended in Dec. 2024 was 円0 Mil. DreamArts 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. DreamArts 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 DreamArts's Interest Coverage or its related term are showing as below:

TSE:4811' s Interest Coverage Range Over the Past 10 Years
Min: 112.27 Med: 684.42 Max: 916.48
Current: 673.94

TSE:4811's Interest Coverage is ranked better than
82.2% of 1674 companies
in the Software industry
Industry Median: 26.06 vs TSE:4811: 673.94

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

DreamArts Interest Coverage Historical Data

The historical data trend for DreamArts'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.

DreamArts Interest Coverage Chart

DreamArts Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Coverage

112.27

684.42

916.48

DreamArts Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			960.50	266.20	1,357.82	621.47	No Debt

Competitive Comparison of DreamArts's Interest Coverage

For the Software - Infrastructure subindustry, DreamArts'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.

DreamArts's Interest Coverage Distribution in the Software Industry

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

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

Save Embed

;

Save Embed

;

DreamArts 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.

DreamArts'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, DreamArts's Interest Expense was 円-1 Mil. Its Operating Income was 円774 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	773.51	/	-0.844
	=	916.48

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

Here, for the three months ended in Dec. 2024, DreamArts'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.

DreamArts had no debt ⁽¹⁾.

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

DreamArts (TSE:4811) 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 .

DreamArts Interest Coverage Related Terms

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

DreamArts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DreamArts Corp (TSE:4811) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ebisu Garden Place Tower 29F, 4-20-3 Ebisu, Shibuya-ku, Tokyo, JPN, 150-6029

Website

https://www.dreamarts.co.jp

DreamArts Corp is a company engaged in developing computer system and business software. It also provides SaaS products (such as the no-code development tool (SmartDB) and consulting services for business digitalization focused on the enterprise market. They offer a wide range of cloud services, including ShopRan a cloud service that specializes in communication between distribution and retail headquarters used by more than fifty seven thousand stores nationwide.

DreamArts Headlines

No Headlines

DreamArts (TSE:4811) Interest Coverage : No Debt (1) (As of Dec. 2024)