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Bleach (TSE:9162) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Bleach 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. Bleach's Operating Income for the three months ended in Jun. 2024 was 円-342 Mil. Bleach's Interest Expense for the three months ended in Jun. 2024 was 円-6 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


TSE:9162's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.835
* Ranked among companies with meaningful Interest Coverage only.

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


Bleach Interest Coverage Historical Data

The historical data trend for Bleach'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.

* Premium members only.

Bleach Interest Coverage Chart

Bleach Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Coverage
93.78 99.76 97.75 -

Bleach Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Coverage Get a 7-Day Free Trial - 23.47 - - -

Competitive Comparison of Bleach's Interest Coverage

For the Advertising Agencies subindustry, Bleach'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.


Bleach's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bleach's Interest Coverage distribution charts can be found below:

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



Bleach 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.

Bleach's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Bleach's Interest Expense was 円-26 Mil. Its Operating Income was 円-368 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,800 Mil.

Bleach did not have earnings to cover the interest expense.

Bleach's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Bleach's Interest Expense was 円-6 Mil. Its Operating Income was 円-342 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,800 Mil.

Bleach did not have earnings to cover the interest expense.

* 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.


Bleach  (TSE:9162) 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 .


Bleach Interest Coverage Related Terms

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


Bleach Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Kamimeguro, 21F Nakameguro GT Tower, Meguro-ku, Tokyo, JPN, 153-0051
Bleach Inc is engaged in developing a sharing-type integrated marketing business that supports customers' sales growth with a revenue-sharing-type compensation system. The sharing type integrated marketing business is specializing in the DtoC (Direct to Consumer: a model that delivers products directly to consumers) area, and Its business performance expanded rapidly. The sharing-type integrated marketing business is clearly different from the conventional Internet advertising business in two respects.

Bleach Headlines

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