Pan Pacific International Holdings (Pan Pacific International Holdings) Interest Coverage : 23.30 (As of Dec. 2023)

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What is Pan Pacific International Holdings 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. Pan Pacific International Holdings's Operating Income for the three months ended in Dec. 2023 was $296 Mil. Pan Pacific International Holdings's Interest Expense for the three months ended in Dec. 2023 was $-13 Mil. Pan Pacific International Holdings's interest coverage for the quarter that ended in Dec. 2023 was 23.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Pan Pacific International Holdings's Interest Coverage or its related term are showing as below:

DQJCY' s Interest Coverage Range Over the Past 10 Years
Min: 11.81 Med: 16.14 Max: 43.06
Current: 16.03

DQJCY's Interest Coverage is ranked better than
59.68% of 253 companies
in the Retail - Defensive industry
Industry Median: 9.26 vs DQJCY: 16.03

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

Pan Pacific International Holdings Interest Coverage Historical Data

The historical data trend for Pan Pacific International Holdings'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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Pan Pacific International Holdings Interest Coverage Chart

Pan Pacific International Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

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13.20

14.57

14.24

11.81

13.66

Pan Pacific International Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															17.86	12.93	11.81	16.50	23.30

Competitive Comparison of Pan Pacific International Holdings's Interest Coverage

For the Discount Stores subindustry, Pan Pacific International Holdings'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.

Pan Pacific International Holdings's Interest Coverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pan Pacific International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pan Pacific International Holdings's Interest Coverage falls into.

Pan Pacific International Holdings 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.

Pan Pacific International Holdings's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Pan Pacific International Holdings's Interest Expense was $-54 Mil. Its Operating Income was $745 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,998 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2023 )	/	Interest Expense (A: Jun. 2023 )
	=	-1	*	744.627	/	-54.493
	=	13.66

Pan Pacific International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Pan Pacific International Holdings's Interest Expense was $-13 Mil. Its Operating Income was $296 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,108 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	295.982	/	-12.703
	=	23.30

The higher the ratio, the stronger the company's Financial Strength is.

Pan Pacific International Holdings (OTCPK:DQJCY) 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 .

Pan Pacific International Holdings Interest Coverage Related Terms

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

Pan Pacific International Holdings (Pan Pacific International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pan Pacific International Holdings Corp (OTCPK:DQJCY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

DQJCF:USA 7532:Japan QJE:Germany

Address

2-19-10 Aobadai, Meguro-ku, Tokyo, JPN, 153-0042

Website

http://www.ppi-hd.co.jp

PPIH is a leading operator of discount stores and general merchandise stores primarily in Japan, operating 617 stores as of mid-2023 nationally. It offers a wide range of products from packaged food, cosmetics, and household products to consumer electronics. The primary store formats include the Don Quijote discount stores, Mega Donki format, and general merchandise stores operated under FamilyMart Uny. Overseas operations concentrate on North America and Southeast Asia. It has acquired small supermarket chains in Hawaii and California in the U.S. and also accelerated store expansion across Singapore and Hong Kong.

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