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Housefreedom Co (TSE:8996) Interest Coverage : N/A (As of Dec. 2024)


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

TSE:8996' s Interest Coverage Range Over the Past 10 Years
Min: 2.89   Med: 5.85   Max: 13.19
Current: 5.05


TSE:8996's Interest Coverage is ranked better than
56.39% of 1314 companies
in the Real Estate industry
Industry Median: 3.94 vs TSE:8996: 5.05

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


Housefreedom Co Interest Coverage Historical Data

The historical data trend for Housefreedom 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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Housefreedom Co Interest Coverage Chart

Housefreedom Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.19 5.72 5.93 5.77 6.67

Housefreedom Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 6.21 8.48 - 7.98 N/A

Competitive Comparison of Housefreedom Co's Interest Coverage

For the Real Estate Services subindustry, Housefreedom 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.


Housefreedom Co's Interest Coverage Distribution in the Real Estate Industry

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

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


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Housefreedom 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.

Housefreedom Co's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Housefreedom Co's Interest Expense was 円-132 Mil. Its Operating Income was 円883 Mil. And its Long-Term Debt & Capital Lease Obligation was 円6,967 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*882.98/-132.296
=6.67

Housefreedom Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Housefreedom 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6,967 Mil.

GuruFocus does not calculate Housefreedom 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.


Housefreedom Co  (TSE:8996) 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 .


Housefreedom Co Interest Coverage Related Terms

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


Housefreedom Co Business Description

Traded in Other Exchanges
N/A
Address
1-34, Chome, Osaka prefecture, Matsubara, JPN, 580-0043
Housefreedom Co Ltd engaged in the real estate business. The Company is involved in the sale of newly built detached houses and construction contract works. Its real estate brokerage services provide advice on transactions such as sale, purchase, and replacement of the house in the position of wanting to sell and buying. It also engaged in the damage insurance agency business, real estate leasing business, and nursing care business.

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