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Japan Logistics Fund (TSE:8967) Interest Coverage : 15.28 (As of Jan. 2025)


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What is Japan Logistics Fund 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. Japan Logistics Fund's Operating Income for the six months ended in Jan. 2025 was 円5,844 Mil. Japan Logistics Fund's Interest Expense for the six months ended in Jan. 2025 was 円-382 Mil. Japan Logistics Fund's interest coverage for the quarter that ended in Jan. 2025 was 15.28. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Japan Logistics Fund's Interest Coverage or its related term are showing as below:

TSE:8967' s Interest Coverage Range Over the Past 10 Years
Min: 11.37   Med: 13.08   Max: 20.56
Current: 15.28


TSE:8967's Interest Coverage is ranked better than
82.48% of 719 companies
in the REITs industry
Industry Median: 2.85 vs TSE:8967: 15.28

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


Japan Logistics Fund Interest Coverage Historical Data

The historical data trend for Japan Logistics Fund'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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Japan Logistics Fund Interest Coverage Chart

Japan Logistics Fund Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.56 12.40 13.49 14.06 14.66

Japan Logistics Fund Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 14.01 14.12 14.04 15.28 15.28

Competitive Comparison of Japan Logistics Fund's Interest Coverage

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Logistics Fund's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Japan Logistics Fund's Interest Coverage falls into.


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Japan Logistics Fund 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.

Japan Logistics Fund's Interest Coverage for the fiscal year that ended in Jul. 2024 is calculated as

Here, for the fiscal year that ended in Jul. 2024, Japan Logistics Fund's Interest Expense was 円-754 Mil. Its Operating Income was 円11,057 Mil. And its Long-Term Debt & Capital Lease Obligation was 円113,200 Mil.

Interest Coverage=-1* Operating Income (A: Jul. 2024 )/Interest Expense (A: Jul. 2024 )
=-1*11056.515/-754.233
=14.66

Japan Logistics Fund's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the six months ended in Jan. 2025, Japan Logistics Fund's Interest Expense was 円-382 Mil. Its Operating Income was 円5,844 Mil. And its Long-Term Debt & Capital Lease Obligation was 円104,700 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2025 )/Interest Expense (Q: Jan. 2025 )
=-1*5844.142/-382.409
=15.28

* 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.


Japan Logistics Fund  (TSE:8967) 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 .


Japan Logistics Fund Interest Coverage Related Terms

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


Japan Logistics Fund Business Description

Traded in Other Exchanges
N/A
Address
3-2-1, Nishikanda, Chiyoda-ku, Tokyo, JPN, 101-0065
Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

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