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JMDC Interest Coverage

: 81.41 (As of Mar. 2022)
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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. JMDC's Operating Income for the three months ended in Mar. 2022 was 円1,384 Mil. JMDC's Interest Expense for the three months ended in Mar. 2022 was 円-17 Mil. JMDC's interest coverage for the quarter that ended in Mar. 2022 was 81.41. The higher the ratio, the stronger the company's financial strength is.

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

TSE:4483' s Interest Coverage Range Over the Past 10 Years
Min: 24.5   Med: 59.89   Max: 78.72
Current: 78.72


TSE:4483's Interest Coverage is ranked better than
78.85% of 416 companies
in the Healthcare Providers & Services industry
Industry Median: 11.27 vs TSE:4483: 78.72

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


JMDC Interest Coverage Historical Data

The historical data trend for JMDC'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.

* Premium members only.

JMDC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
Premium Member Only 73.13 24.50 59.89 39.74 77.44

JMDC Quarterly Data
Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Coverage 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 26.50 51.63 65.36 119.79 81.41

Competitive Comparison

For the Health Information Services subindustry, JMDC'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.

   

JMDC Interest Coverage Distribution

For the Healthcare Providers & Services industry and Healthcare sector, JMDC's Interest Coverage distribution charts can be found below:

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



JMDC 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.


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

JMDC's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022, JMDC's Interest Expense was 円-62 Mil. Its Operating Income was 円4,801 Mil. And its Long-Term Debt & Capital Lease Obligation was 円16,329 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2022 )/Interest Expense (A: Mar. 2022 )
=-1*4801/-62
=77.44

JMDC's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, JMDC's Interest Expense was 円-17 Mil. Its Operating Income was 円1,384 Mil. And its Long-Term Debt & Capital Lease Obligation was 円16,329 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*1384/-17
=81.41

* 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.


JMDC  (TSE:4483) 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 .


JMDC Interest Coverage Related Terms

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


JMDC Business Description

JMDC logo
Traded in Other Exchanges
N/A
Address
2 Chome-2-5-5 Sumitomo Shiba, Daimon Building 12th Floor, Minato City, Shibadaimon, Tokyo, JPN, 105-0012
JMDC Inc is engaged in constructing and providing a medical database, offering PHR and other health promotion services, telemedicine such as diagnostic imaging, and providing digital solutions to dispensing pharmacies.

JMDC Headlines

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