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NTT DOCOMO (NTT DOCOMO) Interest Coverage : 401.13 (As of Sep. 2020)


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What is NTT DOCOMO 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. NTT DOCOMO's Operating Income for the three months ended in Sep. 2020 was $2,694 Mil. NTT DOCOMO's Interest Expense for the three months ended in Sep. 2020 was $-7 Mil. NTT DOCOMO's interest coverage for the quarter that ended in Sep. 2020 was 401.13. The higher the ratio, the stronger the company's financial strength is.

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


NTDMF's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.47
* Ranked among companies with meaningful Interest Coverage only.

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


NTT DOCOMO Interest Coverage Historical Data

The historical data trend for NTT DOCOMO'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.

NTT DOCOMO Interest Coverage Chart

NTT DOCOMO Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,563.78 3,454.87 152.33 159.00 153.82

NTT DOCOMO Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 443.85 197.23 161.34 279.43 401.13

Competitive Comparison of NTT DOCOMO's Interest Coverage

For the Telecom Services subindustry, NTT DOCOMO'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.


NTT DOCOMO's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's Interest Coverage distribution charts can be found below:

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



NTT DOCOMO 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.

NTT DOCOMO's Interest Coverage for the fiscal year that ended in Mar. 2020 is calculated as

Here, for the fiscal year that ended in Mar. 2020, NTT DOCOMO's Interest Expense was $-52 Mil. Its Operating Income was $7,992 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,092 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2020 )/Interest Expense (A: Mar. 2020 )
=-1*7991.897/-51.956
=153.82

NTT DOCOMO's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Here, for the three months ended in Sep. 2020, NTT DOCOMO's Interest Expense was $-7 Mil. Its Operating Income was $2,694 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,777 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2020 )/Interest Expense (Q: Sep. 2020 )
=-1*2693.604/-6.715
=401.13

* 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.


NTT DOCOMO  (OTCPK:NTDMF) 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 .


NTT DOCOMO Interest Coverage Related Terms

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


NTT DOCOMO (NTT DOCOMO) Business Description

Traded in Other Exchanges
N/A
Address
Sanno Park Tower, 11-1, Nagata-cho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6150
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.

NTT DOCOMO (NTT DOCOMO) Headlines

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