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Seibu Giken Co (TSE:6223) Interest Coverage : N/A (As of Dec. 2024)


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What is Seibu Giken 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. Seibu Giken Co's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. Seibu Giken Co's Interest Expense for the three months ended in Dec. 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. Seibu Giken Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6223' s Interest Coverage Range Over the Past 10 Years
Min: 63.69   Med: 111.29   Max: 155.04
Current: 107.8


TSE:6223's Interest Coverage is ranked better than
79.75% of 2282 companies
in the Industrial Products industry
Industry Median: 15.905 vs TSE:6223: 107.80

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


Seibu Giken Co Interest Coverage Historical Data

The historical data trend for Seibu Giken 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.

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Seibu Giken Co Interest Coverage Chart

Seibu Giken Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
63.69 115.13 107.45 155.04

Seibu Giken Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial 108.50 117.44 69.43 127.22 N/A

Competitive Comparison of Seibu Giken Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Seibu Giken 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.


Seibu Giken Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seibu Giken Co's Interest Coverage distribution charts can be found below:

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


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Seibu Giken 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.

Seibu Giken Co'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, Seibu Giken Co's Interest Expense was 円-26 Mil. Its Operating Income was 円4,031 Mil. And its Long-Term Debt & Capital Lease Obligation was 円892 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4031/-26
=155.04

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

Here, for the three months ended in Dec. 2024, Seibu Giken 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892 Mil.

GuruFocus does not calculate Seibu Giken 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.


Seibu Giken Co  (TSE:6223) 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 .


Seibu Giken Co Interest Coverage Related Terms

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


Seibu Giken Co Business Description

Traded in Other Exchanges
N/A
Address
3108-3 Aoyagi, Koga-shi, Fukuoka, JPN, 811-3134
Seibu Giken Co Ltd is engaged in Developing, manufacturing, selling, and providing maintenance services for desiccant dehumidifiers and VOC concentrators, etc.

Seibu Giken Co Headlines

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