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Ureru Net Advertising Co (TSE:9235) Interest Coverage : 50,413.00 (As of Jul. 2023)


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What is Ureru Net Advertising 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. Ureru Net Advertising Co's Operating Income for the six months ended in Jul. 2023 was 円151.2 Mil. Ureru Net Advertising Co's Interest Expense for the six months ended in Jul. 2023 was 円-0.0 Mil. Ureru Net Advertising Co's interest coverage for the quarter that ended in Jul. 2023 was 50,413.00. 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. Ureru Net Advertising Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:9235' s Interest Coverage Range Over the Past 10 Years
Min: 13175.64   Med: 31794.32   Max: 50413
Current: 50413


TSE:9235's Interest Coverage is ranked better than
99.84% of 614 companies
in the Media - Diversified industry
Industry Median: 11.615 vs TSE:9235: 50413.00

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


Ureru Net Advertising Co Interest Coverage Historical Data

The historical data trend for Ureru Net Advertising 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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Ureru Net Advertising Co Interest Coverage Chart

Ureru Net Advertising Co Annual Data
Trend Jul21 Jul22 Jul23
Interest Coverage
13,175.64 - 50,413.00

Ureru Net Advertising Co Semi-Annual Data
Jul21 Jul22 Jul23
Interest Coverage 13,175.64 - 50,413.00

Competitive Comparison of Ureru Net Advertising Co's Interest Coverage

For the Advertising Agencies subindustry, Ureru Net Advertising 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.


Ureru Net Advertising Co's Interest Coverage Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Ureru Net Advertising Co's Interest Coverage falls into.



Ureru Net Advertising 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.

Ureru Net Advertising Co's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Ureru Net Advertising Co's Interest Expense was 円-0.0 Mil. Its Operating Income was 円151.2 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8.8 Mil.

Interest Coverage=-1* Operating Income (A: Jul. 2023 )/Interest Expense (A: Jul. 2023 )
=-1*151.239/-0.003
=50,413.00

Ureru Net Advertising Co's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Here, for the six months ended in Jul. 2023, Ureru Net Advertising Co's Interest Expense was 円-0.0 Mil. Its Operating Income was 円151.2 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8.8 Mil.

Interest Coverage=-1* Operating Income (Q: Jul. 2023 )/Interest Expense (Q: Jul. 2023 )
=-1*151.239/-0.003
=50,413.00

* 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.


Ureru Net Advertising Co  (TSE:9235) 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 .


Ureru Net Advertising Co Interest Coverage Related Terms

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Ureru Net Advertising Co (TSE:9235) Business Description

Traded in Other Exchanges
N/A
Address
2-3-8 Momochihama, 4th floor, RKB Broadcast Hall, Fukuoka Sawara-ku, Fukuoka, JPN, 814-0001
Ureru Net Advertising Co Ltd is engaged in the Provision of cloud services and Marketing support services for the purpose of improving the cost-effectiveness of Internet advertising for D2C (online shopping) businesses.

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