Screen Holdings Co (TSE:7735) Interest Coverage

: 330.05 (As of Dec. 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. Screen Holdings Co's Operating Income for the three months ended in Dec. 2022 was 円18,483 Mil. Screen Holdings Co's Interest Expense for the three months ended in Dec. 2022 was 円-56 Mil. Screen Holdings Co's interest coverage for the quarter that ended in Dec. 2022 was 330.05. 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. Screen Holdings Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:7735' s Interest Coverage Range Over the Past 10 Years
Min: 7.99 Med: 41.24 Max: 289.09
Current: 289.09

TSE:7735's Interest Coverage is ranked better than
82.69% of 670 companies
in the Semiconductors industry
Industry Median: 28.67 vs TSE:7735: 289.09

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

Screen Holdings Co Interest Coverage Historical Data

The historical data trend for Screen Holdings 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.

* Premium members only.

Screen Holdings Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Interest Coverage

70.85

54.59

22.51

49.18

199.59

Screen Holdings Co Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Interest Coverage																240.09	226.99	343.25	298.87	330.05

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Screen Holdings 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.

Annual Data Quarterly Data

Screen Holdings Co Interest Coverage Distribution

For the Semiconductors industry and Technology sector, Screen Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Screen Holdings Co's Interest Coverage falls in comparison to its industry or sector. The grey bar indicates the Interest Coverage's extreme value range as defined by GuruFocus.

Screen Holdings 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.

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

Screen Holdings Co'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, Screen Holdings Co's Interest Expense was 円-307 Mil. Its Operating Income was 円61,273 Mil. And its Long-Term Debt & Capital Lease Obligation was 円27,841 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2022 )	/	Interest Expense (A: Mar. 2022 )
	=	-1	*	61273	/	-307
	=	199.59

Screen Holdings Co's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the three months ended in Dec. 2022, Screen Holdings Co's Interest Expense was 円-56 Mil. Its Operating Income was 円18,483 Mil. And its Long-Term Debt & Capital Lease Obligation was 円27,624 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	18483	/	-56
	=	330.05

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

Screen Holdings Co (TSE:7735) 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 .

Screen Holdings Co Interest Coverage Related Terms

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

Screen Holdings Co (TSE:7735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Screen Holdings Co Ltd (TSE:7735) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

DINRF:USA DAO:Germany

Address

Tenjinkita-machi 1-1, Teranouchi-agaru, 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto, JPN, 602-8585

Website

https://www.screen.co.jp

Screen Holdings Co Ltd operates in the Japanese semiconductor industry. The majority of its revenue is derived from the sale of semiconductor manufacturing equipment, which is part of its Semiconductor Equipment segment. Its other segments include Graphics and Precision Solutions, Fine Tech Solutions and Others. The Graphics segment is concerned with the sale of printing and printed circuit board related machinery. The Fine Tech Solutions (FT) segment provides flat panel display (FPD) manufacturing equipment and the Others segment is involved in the development and sale of software products. The company caters to the global market, with emphasis on the Asia and Oceania region.

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