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SNT (TSE:6319) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is SNT 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. SNT's Operating Income for the three months ended in Sep. 2024 was 円-71 Mil. SNT's Interest Expense for the three months ended in Sep. 2024 was 円-9 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


TSE:6319's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.855
* Ranked among companies with meaningful Interest Coverage only.

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


SNT Interest Coverage Historical Data

The historical data trend for SNT'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.

SNT Interest Coverage Chart

SNT Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.91 - 19.35 28.04 24.55

SNT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 50.07 11.31 - - 3.90

Competitive Comparison of SNT's Interest Coverage

For the Metal Fabrication subindustry, SNT'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.


SNT's Interest Coverage Distribution in the Industrial Products Industry

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

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


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SNT 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.

SNT's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, SNT's Interest Expense was 円-30 Mil. Its Operating Income was 円735 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*734.643/-29.93
=24.55

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

Here, for the three months ended in Sep. 2024, SNT's Interest Expense was 円-9 Mil. Its Operating Income was 円-71 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

SNT did not have earnings to cover the interest expense.

* 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.


SNT  (TSE:6319) 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 .


SNT Interest Coverage Related Terms

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


SNT Business Description

Traded in Other Exchanges
N/A
Address
1-13-1, Kaizuka, Kawasaki-ku, Kanagawa prefecture, Kawasaki, JPN, 210-0014
SNT Corp engages in the manufacture and sale of forging parts, construction and logistics equipment. It offers forged products, including axle tubes, drive pinions, and knuckle spindles for automobile, construction, and other applications. The company manufactures and sells frame scaffolding and supporting materials for use at construction sites, as well as leases temporary construction equipment. In addition, it designs, manufactures, and sells steel pallet logistics containers for use in land and sea transportation, as well as other products comprising padding materials inside multi-purpose pallets, pallet height extensions, pallet top attachments, and one-way pallets.

SNT Headlines

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