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AIT (TSE:9381) Interest Coverage : N/A (As of Feb. 2025)


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What is AIT 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. AIT's Operating Income for the three months ended in Feb. 2025 was 円0 Mil. AIT's Interest Expense for the three months ended in Feb. 2025 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. AIT Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:9381' s Interest Coverage Range Over the Past 10 Years
Min: 236.17   Med: 555.79   Max: 36642.39
Current: 236.17


TSE:9381's Interest Coverage is ranked better than
95.1% of 837 companies
in the Transportation industry
Industry Median: 6.18 vs TSE:9381: 236.17

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


AIT Interest Coverage Historical Data

The historical data trend for AIT'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.

AIT Interest Coverage Chart

AIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 576.25 238.73 352.60 270.56 239.65

AIT Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25
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 272.20 152.60 286.00 245.75 N/A

Competitive Comparison of AIT's Interest Coverage

For the Integrated Freight & Logistics subindustry, AIT'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.


AIT's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AIT's Interest Coverage distribution charts can be found below:

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


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AIT 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.

AIT's Interest Coverage for the fiscal year that ended in Feb. 2025 is calculated as

Here, for the fiscal year that ended in Feb. 2025, AIT's Interest Expense was 円-17 Mil. Its Operating Income was 円4,074 Mil. And its Long-Term Debt & Capital Lease Obligation was 円221 Mil.

Interest Coverage=-1* Operating Income (A: Feb. 2025 )/Interest Expense (A: Feb. 2025 )
=-1*4074/-17
=239.65

AIT's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, AIT's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円221 Mil.

GuruFocus does not calculate AIT'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.


AIT  (TSE:9381) 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 .


AIT Interest Coverage Related Terms

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


AIT Business Description

Traded in Other Exchanges
N/A
Address
2-1-6 Honmachi, 15 Floor, Sakaisuji-Honmachi-Center Building, Chuo-ku, Osaka, JPN, 541-0053
AIT Corp is a Japan-based integrated logistics company. It is engaged in the delivery and cargo services. The services offered by the company include freight forwarding through marine, air, motor truck, railroad, and coastal transport. AIT also offers airfreight agency, customs clearance, warehousing, ship brokerage, import, and export agency, and nonlife insurance services. The company has network operations in Taiwan, Vietnam, Indonesia, Malaysia, Korea, Myanmar, Cambodia, Singapore, Philippine, Bangladesh, India, Sri Lanka, Pakistan, Australia, and Canada.

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