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Yasuda Logistics (TSE:9324) Interest Coverage : N/A (As of Sep. 2024)


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What is Yasuda Logistics 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. Yasuda Logistics's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. Yasuda Logistics'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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yasuda Logistics Corp interest coverage is 3.14, which is low.

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

TSE:9324' s Interest Coverage Range Over the Past 10 Years
Min: 3.14   Med: 10.05   Max: 14.13
Current: 3.14


TSE:9324's Interest Coverage is ranked worse than
77.22% of 790 companies
in the Business Services industry
Industry Median: 12.93 vs TSE:9324: 3.14

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


Yasuda Logistics Interest Coverage Historical Data

The historical data trend for Yasuda Logistics'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.

Yasuda Logistics Interest Coverage Chart

Yasuda Logistics 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 12.54 9.65 7.83 4.15 3.14

Yasuda Logistics 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 3.47 3.77 5.20 1.57 N/A

Competitive Comparison of Yasuda Logistics's Interest Coverage

For the Specialty Business Services subindustry, Yasuda Logistics'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.


Yasuda Logistics's Interest Coverage Distribution in the Business Services Industry

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

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


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Yasuda Logistics 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.

Yasuda Logistics'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, Yasuda Logistics's Interest Expense was 円-843 Mil. Its Operating Income was 円2,645 Mil. And its Long-Term Debt & Capital Lease Obligation was 円67,212 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*2645/-843
=3.14

Yasuda Logistics's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Yasuda Logistics's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円65,478 Mil.

GuruFocus does not calculate Yasuda Logistics'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.


Yasuda Logistics  (TSE:9324) 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 .


Yasuda Logistics Interest Coverage Related Terms

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


Yasuda Logistics Business Description

Traded in Other Exchanges
N/A
Address
3-3-8 Kaigan, Minato-ku, Tokyo, JPN, 108-8435
Yasuda Logistics Corp engages in the business of transportation, logistics, warehousing, customs clearance, and logistics information system services. The firm provides delivery services and supply chain solutions; and integrated logistics solutions through distribution centers. It also offers medical logistics services comprising logistics for drugs, and medical equipment; and IT equipment logistics services, as well as archiving and office relocation services. In addition, it provides international transport services, such as ocean transportation, import/export customs clearance, air transportation, overseas logistics services. Further, firm's real estate operations comprise office and residential leasing services; re-development and renovation of hotels and commercial facilities.

Yasuda Logistics Headlines

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