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Nakakita Seisakusho Co (TSE:6496) Interest Coverage : N/A (As of Nov. 2024)


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

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

TSE:6496' s Interest Coverage Range Over the Past 10 Years
Min: 71.52   Med: 193.5   Max: 341.84
Current: 232.7


TSE:6496's Interest Coverage is ranked better than
87.06% of 2287 companies
in the Industrial Products industry
Industry Median: 15.96 vs TSE:6496: 232.70

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


Nakakita Seisakusho Co Interest Coverage Historical Data

The historical data trend for Nakakita Seisakusho 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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Nakakita Seisakusho Co Interest Coverage Chart

Nakakita Seisakusho Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.79 201.15 136.43 185.85 232.70

Nakakita Seisakusho Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 290.68 308.84 262.13 97.04 N/A

Competitive Comparison of Nakakita Seisakusho Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Nakakita Seisakusho 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.


Nakakita Seisakusho Co's Interest Coverage Distribution in the Industrial Products Industry

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

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


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Nakakita Seisakusho 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.

Nakakita Seisakusho Co'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, Nakakita Seisakusho Co's Interest Expense was 円-5 Mil. Its Operating Income was 円1,203 Mil. And its Long-Term Debt & Capital Lease Obligation was 円679 Mil.

Interest Coverage=-1* Operating Income (A: May. 2024 )/Interest Expense (A: May. 2024 )
=-1*1203.064/-5.17
=232.70

Nakakita Seisakusho Co's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, Nakakita Seisakusho 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607 Mil.

GuruFocus does not calculate Nakakita Seisakusho 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.


Nakakita Seisakusho Co  (TSE:6496) 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 .


Nakakita Seisakusho Co Interest Coverage Related Terms

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


Nakakita Seisakusho Co Business Description

Traded in Other Exchanges
N/A
Address
1-1 Fukonominamicho, Daito, Osaka, JPN, 574-8691
Nakakita Seisakusho Co Ltd is engaged in the designing, production, and sale for automatic control valve, butterfly valve, and remote control system among others. The company's products are used by various industries such as ships, power plant, steel industry, chemical plants, and others.

Nakakita Seisakusho Co Headlines

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