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Maruzen Showa Unyu Co (TSE:9068) Interest Coverage : 62.14 (As of Dec. 2024)


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What is Maruzen Showa Unyu 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. Maruzen Showa Unyu Co's Operating Income for the three months ended in Dec. 2024 was 円4,039 Mil. Maruzen Showa Unyu Co's Interest Expense for the three months ended in Dec. 2024 was 円-65 Mil. Maruzen Showa Unyu Co's interest coverage for the quarter that ended in Dec. 2024 was 62.14. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Maruzen Showa Unyu Co's Interest Coverage or its related term are showing as below:

TSE:9068' s Interest Coverage Range Over the Past 10 Years
Min: 24.2   Med: 55.58   Max: 68.45
Current: 58.86


TSE:9068's Interest Coverage is ranked better than
87.81% of 837 companies
in the Transportation industry
Industry Median: 6.13 vs TSE:9068: 58.86

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


Maruzen Showa Unyu Co Interest Coverage Historical Data

The historical data trend for Maruzen Showa Unyu 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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Maruzen Showa Unyu Co Interest Coverage Chart

Maruzen Showa Unyu Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.33 62.90 65.45 68.45 58.86

Maruzen Showa Unyu Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 66.46 58.54 64.34 62.14 51.88

Competitive Comparison of Maruzen Showa Unyu Co's Interest Coverage

For the Integrated Freight & Logistics subindustry, Maruzen Showa Unyu 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.


Maruzen Showa Unyu Co's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Maruzen Showa Unyu Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maruzen Showa Unyu Co's Interest Coverage falls into.


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Maruzen Showa Unyu 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.

Maruzen Showa Unyu Co's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Maruzen Showa Unyu Co's Interest Expense was 円-249 Mil. Its Operating Income was 円14,655 Mil. And its Long-Term Debt & Capital Lease Obligation was 円16,732 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*14655/-249
=58.86

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

Here, for the three months ended in Dec. 2024, Maruzen Showa Unyu Co's Interest Expense was 円-65 Mil. Its Operating Income was 円4,039 Mil. And its Long-Term Debt & Capital Lease Obligation was 円15,575 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*4039/-65
=62.14

* 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.


Maruzen Showa Unyu Co  (TSE:9068) 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 .


Maruzen Showa Unyu Co Interest Coverage Related Terms

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


Maruzen Showa Unyu Co Business Description

Traded in Other Exchanges
N/A
Address
2-15 Minami-nakadori, Yokohama, JPN, 231-8419
Maruzen Showa Unyu Co Ltd is a Japan-based company engaged in the provision of logistics and transportation services. The company operates through three segments. Its Logistics segments provide freight truck transportation, harbor transport operations, customs brokerage, packing, warehouse operations, ocean shipping as well as air shipping agent. The Yard operations and machine stevedoring segment are involved in assembly, warehouse storage of raw materials, heavy loads, precision machinery and related operations. Its Other business segment renders construction, security services, industrial waste disposal, insurance agent, and vehicle maintenance services.

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