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Naigai Trans Line (TSE:9384) Interest Coverage : N/A (As of Dec. 2024)


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What is Naigai Trans Line 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. Naigai Trans Line's Operating Income for the three months ended in Dec. 2024 was 円0 Mil. Naigai Trans Line'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. Naigai Trans Line Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:9384' s Interest Coverage Range Over the Past 10 Years
Min: 139.33   Med: 662.2   Max: No Debt
Current: 619.45


TSE:9384's Interest Coverage is ranked better than
96.78% of 838 companies
in the Transportation industry
Industry Median: 6.05 vs TSE:9384: 619.45

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


Naigai Trans Line Interest Coverage Historical Data

The historical data trend for Naigai Trans Line'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.

Naigai Trans Line Interest Coverage Chart

Naigai Trans Line Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 386.44 642.46 1,153.86 902.60 436.22

Naigai Trans Line Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 887.91 811.27 639.82 412.72 N/A

Competitive Comparison of Naigai Trans Line's Interest Coverage

For the Integrated Freight & Logistics subindustry, Naigai Trans Line'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.


Naigai Trans Line's Interest Coverage Distribution in the Transportation Industry

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

* The bar in red indicates where Naigai Trans Line's Interest Coverage falls into.


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Naigai Trans Line 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.

Naigai Trans Line's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Naigai Trans Line's Interest Expense was 円-9 Mil. Its Operating Income was 円4,138 Mil. And its Long-Term Debt & Capital Lease Obligation was 円198 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4138.426/-9.487
=436.22

Naigai Trans Line's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Naigai Trans Line's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円198 Mil.

GuruFocus does not calculate Naigai Trans Line'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.


Naigai Trans Line  (TSE:9384) 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 .


Naigai Trans Line Interest Coverage Related Terms

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


Naigai Trans Line Business Description

Traded in Other Exchanges
N/A
Address
2-6-8 Bingo-cho, Sunrise Building 5th Floor, Chuo-Ku, Osaka, JPN, 541-0051
Naigai Trans Line Ltd is engaged in transportation business. It provides custom clearance services, oceanic shipping, international aviation, railroad services, land transport services, and general insurance business.

Naigai Trans Line Headlines

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