Tact Home Co (TSE:8915) Interest Coverage : 70.00 (As of May. 2013)

Tact Home Co Interest Coverage Chart

Tact Home Co Quarterly Data
	May10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13
Interest Coverage	Get a 7-Day Free Trial						47.41	20.22	23.61	19.88	70.00

Competitive Comparison of Tact Home Co's Interest Coverage

For the Real Estate Services subindustry, Tact Home 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.

Tact Home Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tact Home Co's Interest Coverage distribution charts can be found below:

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

Tact Home 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Tact Home Co's Interest Coverage for the fiscal year that ended in May. 2013 is calculated as

Here, for the fiscal year that ended in May. 2013, Tact Home Co's Interest Expense was 円-228 Mil. Its Operating Income was 円7,336 Mil. And its Long-Term Debt & Capital Lease Obligation was 円550 Mil.

Tact Home Co's Interest Coverage for the quarter that ended in May. 2013 is calculated as

Here, for the three months ended in May. 2013, Tact Home Co's Interest Expense was 円-51 Mil. Its Operating Income was 円3,570 Mil. And its Long-Term Debt & Capital Lease Obligation was 円550 Mil.

* 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.

Tact Home Co  (TSE:8915) 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 .

Tact Home Co Interest Coverage Related Terms

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Tact Home Co (TSE:8915) Business Description