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Institute for Q-shu Pioneers of Space (TSE:5595) Interest Coverage : 5.04 (As of Nov. 2024)


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What is Institute for Q-shu Pioneers of Space 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. Institute for Q-shu Pioneers of Space's Operating Income for the three months ended in Nov. 2024 was 円235 Mil. Institute for Q-shu Pioneers of Space's Interest Expense for the three months ended in Nov. 2024 was 円-47 Mil. Institute for Q-shu Pioneers of Space's interest coverage for the quarter that ended in Nov. 2024 was 5.04. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Institute for Q-shu Pioneers of Space's Interest Coverage or its related term are showing as below:

TSE:5595' s Interest Coverage Range Over the Past 10 Years
Min: 1.43   Med: 31.91   Max: 31.91
Current: 1.43


TSE:5595's Interest Coverage is ranked worse than
89.04% of 219 companies
in the Aerospace & Defense industry
Industry Median: 7.82 vs TSE:5595: 1.43

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


Institute for Q-shu Pioneers of Space Interest Coverage Historical Data

The historical data trend for Institute for Q-shu Pioneers of Space'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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Institute for Q-shu Pioneers of Space Interest Coverage Chart

Institute for Q-shu Pioneers of Space Annual Data
Trend May22 May23 May24
Interest Coverage
- - 31.91

Institute for Q-shu Pioneers of Space Quarterly Data
May22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Interest Coverage Get a 7-Day Free Trial Premium Member Only 46.20 51.33 - 5.04 -

Competitive Comparison of Institute for Q-shu Pioneers of Space's Interest Coverage

For the Aerospace & Defense subindustry, Institute for Q-shu Pioneers of Space'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.


Institute for Q-shu Pioneers of Space's Interest Coverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Institute for Q-shu Pioneers of Space's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Institute for Q-shu Pioneers of Space's Interest Coverage falls into.


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Institute for Q-shu Pioneers of Space 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.

Institute for Q-shu Pioneers of Space's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, Institute for Q-shu Pioneers of Space's Interest Expense was 円-11 Mil. Its Operating Income was 円341 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,100 Mil.

Interest Coverage=-1* Operating Income (A: May. 2024 )/Interest Expense (A: May. 2024 )
=-1*341.256/-10.693
=31.91

Institute for Q-shu Pioneers of Space's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, Institute for Q-shu Pioneers of Space's Interest Expense was 円-47 Mil. Its Operating Income was 円235 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,300 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2024 )/Interest Expense (Q: Nov. 2024 )
=-1*235.194/-46.651
=5.04

* 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.


Institute for Q-shu Pioneers of Space  (TSE:5595) 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 .


Institute for Q-shu Pioneers of Space Interest Coverage Related Terms

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Institute for Q-shu Pioneers of Space Business Description

Traded in Other Exchanges
N/A
Address
1-15-35 Tenjin, 6th Floor Rengo Fukuoka Tenjin Building, Chuo-ku, Fukuoka-shi, Fukuoka, JPN, 810-0001
Institute for Q-shu Pioneers of Space Inc is engaged in the Development, manufacture, operation, Acquisition and sale of SAR image data from small SAR satellites.

Institute for Q-shu Pioneers of Space Headlines

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