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Business Engineering (TSE:4828) Interest Coverage : 10,922.13 (As of Dec. 2024)


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What is Business Engineering 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. Business Engineering's Operating Income for the three months ended in Dec. 2024 was 円1,245 Mil. Business Engineering's Interest Expense for the three months ended in Dec. 2024 was 円-0 Mil. Business Engineering's interest coverage for the quarter that ended in Dec. 2024 was 10,922.13. 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. Business Engineering Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:4828' s Interest Coverage Range Over the Past 10 Years
Min: 115.94   Med: 567.53   Max: 1583.29
Current: 1463.65


TSE:4828's Interest Coverage is ranked better than
85.3% of 1674 companies
in the Software industry
Industry Median: 26.06 vs TSE:4828: 1463.65

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


Business Engineering Interest Coverage Historical Data

The historical data trend for Business Engineering'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.

Business Engineering Interest Coverage Chart

Business Engineering Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 561.78 573.28 1,321.82 1,583.29 1,463.65

Business Engineering 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 668.88 10,155.22 912.53 10,922.13 635.02

Competitive Comparison of Business Engineering's Interest Coverage

For the Software - Application subindustry, Business Engineering'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.


Business Engineering's Interest Coverage Distribution in the Software Industry

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

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


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Business Engineering 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.

Business Engineering's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Business Engineering's Interest Expense was 円-3 Mil. Its Operating Income was 円4,676 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*4676.353/-3.195
=1,463.65

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

Here, for the three months ended in Dec. 2024, Business Engineering's Interest Expense was 円-0 Mil. Its Operating Income was 円1,245 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1245.123/-0.114
=10,922.13

* 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.


Business Engineering  (TSE:4828) 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 .


Business Engineering Interest Coverage Related Terms

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


Business Engineering Business Description

Traded in Other Exchanges
N/A
Address
1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.

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