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Sigma Koki Co (TSE:7713) Interest Coverage : N/A (As of Nov. 2024)


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What is Sigma Koki Co 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. Sigma Koki Co's Operating Income for the three months ended in Nov. 2024 was 円0 Mil. Sigma Koki Co's Interest Expense for the three months ended in Nov. 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sigma Koki Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:7713' s Interest Coverage Range Over the Past 10 Years
Min: 107.65   Med: 257.47   Max: 522.65
Current: 107.65


TSE:7713's Interest Coverage is ranked better than
81.08% of 1596 companies
in the Hardware industry
Industry Median: 13.145 vs TSE:7713: 107.65

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


Sigma Koki Co Interest Coverage Historical Data

The historical data trend for Sigma Koki Co'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.

Sigma Koki Co Interest Coverage Chart

Sigma Koki Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.15 191.91 330.31 204.00 107.65

Sigma Koki Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 90.46 119.63 98.74 127.58 N/A

Competitive Comparison of Sigma Koki Co's Interest Coverage

For the Electronic Components subindustry, Sigma Koki Co'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.


Sigma Koki Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sigma Koki Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sigma Koki Co's Interest Coverage falls into.


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Sigma Koki Co 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.

Sigma Koki Co's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, Sigma Koki Co's Interest Expense was 円-11 Mil. Its Operating Income was 円1,179 Mil. And its Long-Term Debt & Capital Lease Obligation was 円204 Mil.

Interest Coverage=-1* Operating Income (A: May. 2024 )/Interest Expense (A: May. 2024 )
=-1*1178.509/-10.948
=107.65

Sigma Koki Co's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, Sigma Koki Co's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円119 Mil.

GuruFocus does not calculate Sigma Koki Co'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.


Sigma Koki Co  (TSE:7713) 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 .


Sigma Koki Co Interest Coverage Related Terms

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


Sigma Koki Co Business Description

Traded in Other Exchanges
N/A
Address
Saitama Prefecture, Takahi Hagi Shinda 17-2, Hidaka, JPN, 350-1297
Sigma Koki Co Ltd is engaged in the design, production, and sale of optical, CD, DVD, laser printers, bar code readers and laser processing machine that uses laser light as a medium to carry information and energy. Its products include Mirror, beam splitter, filter, lens, prism, polarizer, automatic position/attitude determination device, optical measuring/control device, measurement/control software, Laser direct writing device, high-speed fine laser processing machine.

Sigma Koki Co Headlines

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