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Qualtec Co (TSE:9165) Interest Coverage : N/A (As of Dec. 2024)


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What is Qualtec 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. Qualtec Co's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. Qualtec 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Qualtec Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:9165' s Interest Coverage Range Over the Past 10 Years
Min: 11.19   Med: 87.1   Max: 256.61
Current: 256.61


TSE:9165's Interest Coverage is ranked better than
84.32% of 791 companies
in the Business Services industry
Industry Median: 13.32 vs TSE:9165: 256.61

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


Qualtec Co Interest Coverage Historical Data

The historical data trend for Qualtec 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.

* Premium members only.

Qualtec Co Interest Coverage Chart

Qualtec Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Coverage
11.19 45.16 129.04 256.61

Qualtec Co Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only 113.83 281.13 802.80 - N/A

Competitive Comparison of Qualtec Co's Interest Coverage

For the Specialty Business Services subindustry, Qualtec 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.


Qualtec Co's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualtec Co's Interest Coverage distribution charts can be found below:

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


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Qualtec 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.

Qualtec Co'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, Qualtec Co's Interest Expense was 円-1 Mil. Its Operating Income was 円381 Mil. And its Long-Term Debt & Capital Lease Obligation was 円33 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*381.324/-1.486
=256.61

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

Here, for the three months ended in Dec. 2024, Qualtec 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3 Mil.

GuruFocus does not calculate Qualtec 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.


Qualtec Co  (TSE:9165) 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 .


Qualtec Co Interest Coverage Related Terms

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


Qualtec Co Business Description

Traded in Other Exchanges
N/A
Address
4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906
Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

Qualtec Co Headlines

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