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New Constructor's Network Co (TSE:7057) Interest Coverage : N/A (As of Sep. 2024)


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

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

TSE:7057' s Interest Coverage Range Over the Past 10 Years
Min: 16.34   Med: No Debt   Max: 198124
Current: 16.34


TSE:7057's Interest Coverage is ranked better than
64.88% of 1327 companies
in the Construction industry
Industry Median: 7.24 vs TSE:7057: 16.34

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


New Constructor's Network Co Interest Coverage Historical Data

The historical data trend for New Constructor's Network 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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New Constructor's Network Co Interest Coverage Chart

New Constructor's Network Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt 198,124.00 155.08 16.34

New Constructor's Network 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 26.18 - 5.25 48.18 N/A

Competitive Comparison of New Constructor's Network Co's Interest Coverage

For the Engineering & Construction subindustry, New Constructor's Network 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.


New Constructor's Network Co's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Constructor's Network Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where New Constructor's Network Co's Interest Coverage falls into.


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New Constructor's Network 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.

New Constructor's Network 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, New Constructor's Network Co's Interest Expense was 円-5 Mil. Its Operating Income was 円83 Mil. And its Long-Term Debt & Capital Lease Obligation was 円165 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*83.134/-5.089
=16.34

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

Here, for the three months ended in Sep. 2024, New Constructor's Network 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132 Mil.

GuruFocus does not calculate New Constructor's Network 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.


New Constructor's Network Co  (TSE:7057) 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 .


New Constructor's Network Co Interest Coverage Related Terms

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New Constructor's Network Co Business Description

Traded in Other Exchanges
N/A
Address
A-PLACE Shinagawa Higashi, 1-7-18 Minato-ku, Tokyo, JPN, 108-0075
New Constructor's Network Co Ltd is engaged in wooden earthquake-resistant design project. The company is also engaged in construction company network, housing brand, design office network, and Construction related support such as Registration contractor support, Support for long-term superior housing certification application, Insurance financial support.

New Constructor's Network Co Headlines

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