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Chuo Warehouse Co (TSE:9319) Interest Coverage : N/A (As of Sep. 2024)


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

TSE:9319' s Interest Coverage Range Over the Past 10 Years
Min: 23.36   Med: 39.02   Max: 51.91
Current: 23.36


TSE:9319's Interest Coverage is ranked better than
59.87% of 790 companies
in the Business Services industry
Industry Median: 12.93 vs TSE:9319: 23.36

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


Chuo Warehouse Co Interest Coverage Historical Data

The historical data trend for Chuo Warehouse 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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Chuo Warehouse Co Interest Coverage Chart

Chuo Warehouse Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.95 42.91 39.51 28.95 23.36

Chuo Warehouse Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 28.36 18.57 23.50 22.90 N/A

Competitive Comparison of Chuo Warehouse Co's Interest Coverage

For the Specialty Business Services subindustry, Chuo Warehouse 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.


Chuo Warehouse Co's Interest Coverage Distribution in the Business Services Industry

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

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


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Chuo Warehouse 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.

Chuo Warehouse Co's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Chuo Warehouse Co's Interest Expense was 円-83 Mil. Its Operating Income was 円1,934 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,093 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*1934.257/-82.797
=23.36

Chuo Warehouse Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Chuo Warehouse 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2,876 Mil.

GuruFocus does not calculate Chuo Warehouse 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.


Chuo Warehouse Co  (TSE:9319) 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 .


Chuo Warehouse Co Interest Coverage Related Terms

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Chuo Warehouse Co Business Description

Traded in Other Exchanges
N/A
Address
Shunjo Inui-cho Town, Shimogyo-ku, Kyoto, JPN, 600-8843 41
Chuo Warehouse Co Ltd provides business services. The company's service offering includes Warehousing, Transportation, International cargo, and Business support services. The warehousing department gives logistics services. The transportation department carries cargo deposited from customers. The International cargo provides the facilities of the Inland Depot, and the Business support department offers a range of services from management and disposal of documents and information to outsourcing tasks.

Chuo Warehouse Co Headlines

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