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Kyosha Co (TSE:6837) Interest Coverage : N/A (As of Sep. 2024)


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What is Kyosha 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. Kyosha Co's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. Kyosha 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kyosha Co Ltd interest coverage is 2.78, which is low.

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

TSE:6837' s Interest Coverage Range Over the Past 10 Years
Min: 1.68   Med: 9.18   Max: 33.61
Current: 2.78


TSE:6837's Interest Coverage is ranked worse than
82.9% of 1602 companies
in the Hardware industry
Industry Median: 13.105 vs TSE:6837: 2.78

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


Kyosha Co Interest Coverage Historical Data

The historical data trend for Kyosha 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.

Kyosha Co Interest Coverage Chart

Kyosha Co 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 1.95 1.68 7.73 3.41 2.78

Kyosha Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 3.84 3.22 2.92 1.44 N/A

Competitive Comparison of Kyosha Co's Interest Coverage

For the Electronic Components subindustry, Kyosha 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.


Kyosha Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kyosha Co's Interest Coverage distribution charts can be found below:

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


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Kyosha 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.

Kyosha Co'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, Kyosha Co's Interest Expense was 円-389 Mil. Its Operating Income was 円1,081 Mil. And its Long-Term Debt & Capital Lease Obligation was 円4,480 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*1081/-389
=2.78

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

Here, for the three months ended in Sep. 2024, Kyosha 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4,499 Mil.

GuruFocus does not calculate Kyosha 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.


Kyosha Co  (TSE:6837) 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 .


Kyosha Co Interest Coverage Related Terms

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


Kyosha Co Business Description

Traded in Other Exchanges
N/A
Address
300 Morimurahigashi, Kumiyama-cho, Kuse-gun, Kyoto, JPN, 6130024
Kyosha Co Ltd manufactures and sells printed wiring boards (PWBs), carrier jigs for mounting electrical components, and metal masks for solder paste in Japan, China, Southeast Asia, and the United States. The company offers dustless PWB Kyosha-MAX, single sided-multi-layered PWBs, and silver-plated through-hole PWBs, as well as PWB designing and prototyping services. It also provides MagiCarrier, a micro-component and thin board carrier; and MagiFix, a backup jig for solder print and mounter.

Kyosha Co Headlines

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