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Careerlink Co (TSE:6070) Interest Coverage : N/A (As of Sep. 2024)


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What is Careerlink Co 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. Careerlink Co's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. Careerlink Co's Interest Expense for the three months ended in Sep. 2024 was 円0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Careerlink Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6070' s Interest Coverage Range Over the Past 10 Years
Min: 24.96   Med: 91.15   Max: 2129.1
Current: 679.82


TSE:6070's Interest Coverage is ranked better than
90.26% of 801 companies
in the Business Services industry
Industry Median: 13.04 vs TSE:6070: 679.82

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


Careerlink Co Interest Coverage Historical Data

The historical data trend for Careerlink Co'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.

Careerlink Co Interest Coverage Chart

Careerlink Co Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.55 34.05 164.23 595.20 2,129.10

Careerlink Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 582.70 269.70 877.95 1,024.11 N/A

Competitive Comparison of Careerlink Co's Interest Coverage

For the Staffing & Employment Services subindustry, Careerlink Co'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.


Careerlink Co's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Careerlink Co's Interest Coverage distribution charts can be found below:

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


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Careerlink Co 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.

Careerlink Co's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Careerlink Co's Interest Expense was 円-4 Mil. Its Operating Income was 円7,609 Mil. And its Long-Term Debt & Capital Lease Obligation was 円713 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*7609.406/-3.574
=2,129.10

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

Here, for the three months ended in Sep. 2024, Careerlink Co's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円520 Mil.

GuruFocus does not calculate Careerlink Co's interest coverage with the available data.

* 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.


Careerlink Co  (TSE:6070) 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 .


Careerlink Co Interest Coverage Related Terms

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


Careerlink Co Business Description

Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
Careerlink Co Ltd provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

Careerlink Co Headlines

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