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NS Solutions (TSE:2327) Interest Coverage : 90.56 (As of Mar. 2024)


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What is NS Solutions 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. NS Solutions's Operating Income for the three months ended in Mar. 2024 was 円11,682 Mil. NS Solutions's Interest Expense for the three months ended in Mar. 2024 was 円-129 Mil. NS Solutions's interest coverage for the quarter that ended in Mar. 2024 was 90.56. 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. NS Solutions Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:2327' s Interest Coverage Range Over the Past 10 Years
Min: 136.6   Med: 559.47   Max: 3507.14
Current: 137.14


TSE:2327's Interest Coverage is ranked better than
76.15% of 1602 companies
in the Software industry
Industry Median: 29.315 vs TSE:2327: 137.14

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


NS Solutions Interest Coverage Historical Data

The historical data trend for NS Solutions'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.

NS Solutions Interest Coverage Chart

NS Solutions 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 3,154.22 3,507.14 146.31 144.84 136.60

NS Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 227.24 229.66 139.68 90.56

Competitive Comparison of NS Solutions's Interest Coverage

For the Information Technology Services subindustry, NS Solutions'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.


NS Solutions's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, NS Solutions's Interest Coverage distribution charts can be found below:

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



NS Solutions 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.

NS Solutions'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, NS Solutions's Interest Expense was 円-256 Mil. Its Operating Income was 円34,969 Mil. And its Long-Term Debt & Capital Lease Obligation was 円27,855 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*34969/-256
=136.60

NS Solutions's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, NS Solutions's Interest Expense was 円-129 Mil. Its Operating Income was 円11,682 Mil. And its Long-Term Debt & Capital Lease Obligation was 円27,855 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*11682/-129
=90.56

* 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.


NS Solutions  (TSE:2327) 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 .


NS Solutions Interest Coverage Related Terms

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


NS Solutions (TSE:2327) Business Description

Traded in Other Exchanges
N/A
Address
20-15, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8283
NS Solutions is a Japan-based provider of information technology solutions. The firm's operations are organized in two segments: business solutions and service solutions. Business solutions includes products geared toward manufacturing, retail, service, financial services, and government- and public-sector end markets. Services solutions relates primarily to the firm's offerings in the cloud. The firm generates revenue in Japan and the rest of the Asia-Pacific region, the United States, Europe, and other parts of the world.

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