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Biken Techno (TSE:9791) Interest Coverage : N/A (As of Sep. 2024)


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

TSE:9791' s Interest Coverage Range Over the Past 10 Years
Min: 14.57   Med: 24.89   Max: 34.36
Current: 28.5


TSE:9791's Interest Coverage is ranked better than
62.78% of 790 companies
in the Business Services industry
Industry Median: 12.93 vs TSE:9791: 28.50

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


Biken Techno Interest Coverage Historical Data

The historical data trend for Biken Techno'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.

Biken Techno Interest Coverage Chart

Biken Techno 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 24.63 14.57 21.21 29.99 28.50

Biken Techno 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 30.14 31.31 16.29 34.79 N/A

Competitive Comparison of Biken Techno's Interest Coverage

For the Specialty Business Services subindustry, Biken Techno'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.


Biken Techno's Interest Coverage Distribution in the Business Services Industry

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

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


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Biken Techno 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.

Biken Techno'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, Biken Techno's Interest Expense was 円-75 Mil. Its Operating Income was 円2,131 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,094 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*2131.321/-74.777
=28.50

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

Here, for the three months ended in Sep. 2024, Biken Techno's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円7,624 Mil.

GuruFocus does not calculate Biken Techno'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.


Biken Techno  (TSE:9791) 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 .


Biken Techno Interest Coverage Related Terms

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


Biken Techno Business Description

Traded in Other Exchanges
N/A
Address
2-12-1 Minami-Kaneden, Suita, Osaka, JPN, 564-0044
Biken Techno Corp is a Japan-based company engaged in the building maintenance business. It offers cleaning, security guard, facility management, renovation and repair, trading, brokerage, and leasing of real estate and operation of franchised stores, among others.

Biken Techno Headlines

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