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Hashimoto Sogyo Holdings Co (TSE:7570) Interest Coverage : N/A (As of Sep. 2024)


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What is Hashimoto Sogyo Holdings 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. Hashimoto Sogyo Holdings Co's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. Hashimoto Sogyo Holdings 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 Hashimoto Sogyo Holdings Co's Interest Coverage or its related term are showing as below:

TSE:7570' s Interest Coverage Range Over the Past 10 Years
Min: 42.57   Med: 57.78   Max: 84.39
Current: 51.4


TSE:7570's Interest Coverage is ranked better than
80.47% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs TSE:7570: 51.40

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


Hashimoto Sogyo Holdings Co Interest Coverage Historical Data

The historical data trend for Hashimoto Sogyo Holdings 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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Hashimoto Sogyo Holdings Co Interest Coverage Chart

Hashimoto Sogyo Holdings 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 67.93 55.13 56.98 65.30 51.40

Hashimoto Sogyo Holdings 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 52.86 67.75 59.33 29.86 N/A

Competitive Comparison of Hashimoto Sogyo Holdings Co's Interest Coverage

For the Building Products & Equipment subindustry, Hashimoto Sogyo Holdings 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.


Hashimoto Sogyo Holdings Co's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hashimoto Sogyo Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hashimoto Sogyo Holdings Co's Interest Coverage falls into.


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Hashimoto Sogyo Holdings 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.

Hashimoto Sogyo Holdings 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, Hashimoto Sogyo Holdings Co's Interest Expense was 円-45 Mil. Its Operating Income was 円2,313 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,386 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*2313/-45
=51.40

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

Here, for the three months ended in Sep. 2024, Hashimoto Sogyo Holdings 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5,429 Mil.

GuruFocus does not calculate Hashimoto Sogyo Holdings 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.


Hashimoto Sogyo Holdings Co  (TSE:7570) 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 .


Hashimoto Sogyo Holdings Co Interest Coverage Related Terms

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Hashimoto Sogyo Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
9-9 Nihonbashi-Kodenmacho, Chuo-ku, Tokyo, JPN, 103 0001
Hashimoto Sogyo Holdings Co Ltd is engaged in the trading of piping equipment materials, sanitary ceramic, and other housing equipment. It also offers collection and transportation of waste treatment services, as well as develops, sells, and maintains automation equipment and software. It is a provider of services like lending of money, guarantee business, sales, and leasing of receivables, leasing, and property insurance agency business.

Hashimoto Sogyo Holdings Co Headlines

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