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SBI Aruhi (TSE:7198) Interest Coverage : N/A (As of Sep. 2024)


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What is SBI Aruhi 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. SBI Aruhi's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. SBI Aruhi'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. SBI Aruhi Corp interest coverage is 1.63, which is low.

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

TSE:7198' s Interest Coverage Range Over the Past 10 Years
Min: 1.63   Med: 2.83   Max: 3.96
Current: 1.63


TSE:7198's Interest Coverage is ranked worse than
85% of 20 companies
in the Banks industry
Industry Median: 69.545 vs TSE:7198: 1.63

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


SBI Aruhi Interest Coverage Historical Data

The historical data trend for SBI Aruhi'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.

SBI Aruhi Interest Coverage Chart

SBI Aruhi Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 3.96 3.56 2.83 2.19 1.63

SBI Aruhi 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 1.46 1.37 2.21 1.49 N/A

Competitive Comparison of SBI Aruhi's Interest Coverage

For the Mortgage Finance subindustry, SBI Aruhi'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.


SBI Aruhi's Interest Coverage Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SBI Aruhi's Interest Coverage distribution charts can be found below:

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


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SBI Aruhi 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.

SBI Aruhi'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, SBI Aruhi's Interest Expense was 円-3,736 Mil. Its Operating Income was 円6,078 Mil. And its Long-Term Debt & Capital Lease Obligation was 円97,317 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*6078/-3736
=1.63

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

Here, for the three months ended in Sep. 2024, SBI Aruhi's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円93,143 Mil.

GuruFocus does not calculate SBI Aruhi'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.


SBI Aruhi  (TSE:7198) 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 .


SBI Aruhi Interest Coverage Related Terms

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


SBI Aruhi Business Description

Traded in Other Exchanges
N/A
Address
1-6-1 Roppongi, Izumi Garden Tower 8th Floor, Minato-ku, Tokyo, JPN, 106-6008
SBI Aruhi Corp is a Japan-based mortgage specialist financial institution. The company provides insurance brokerage, mortgage lending, bank agency and other services.

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