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Ai Partners Financial (TSE:7345) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Ai Partners Financial 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. Ai Partners Financial's Operating Income for the three months ended in Dec. 2023 was 円-2 Mil. Ai Partners Financial's Interest Expense for the three months ended in Dec. 2023 was 円-0 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 Ai Partners Financial's Interest Coverage or its related term are showing as below:


TSE:7345's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 45.345
* 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.


Ai Partners Financial Interest Coverage Historical Data

The historical data trend for Ai Partners Financial'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.

Ai Partners Financial Interest Coverage Chart

Ai Partners Financial Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
No Debt No Debt 1,402.84 252.41 -

Ai Partners Financial Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 183.12 -

Competitive Comparison of Ai Partners Financial's Interest Coverage

For the Asset Management subindustry, Ai Partners Financial'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.


Ai Partners Financial's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ai Partners Financial's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ai Partners Financial's Interest Coverage falls into.



Ai Partners Financial 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.

Ai Partners Financial's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Ai Partners Financial's Interest Expense was 円-0 Mil. Its Operating Income was 円-121 Mil. And its Long-Term Debt & Capital Lease Obligation was 円24 Mil.

Ai Partners Financial did not have earnings to cover the interest expense.

Ai Partners Financial's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Ai Partners Financial's Interest Expense was 円-0 Mil. Its Operating Income was 円-2 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Ai Partners Financial 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.


Ai Partners Financial  (TSE:7345) 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 .


Ai Partners Financial Interest Coverage Related Terms

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Ai Partners Financial (TSE:7345) Business Description

Traded in Other Exchanges
N/A
Address
2-20-5 Minamisaiwai, Yokohama Nishi-ku, Kanagawa, JPN, 220?0005
Ai Partners Financial Inc is engaged in providing financial instruments intermediary service.

Ai Partners Financial (TSE:7345) Headlines

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