Vital KSK Holdings (TSE:3151) Interest Coverage : 116.25 (As of Dec. 2023)

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What is Vital KSK Holdings 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. Vital KSK Holdings's Operating Income for the three months ended in Dec. 2023 was 円2,790 Mil. Vital KSK Holdings's Interest Expense for the three months ended in Dec. 2023 was 円-24 Mil. Vital KSK Holdings's interest coverage for the quarter that ended in Dec. 2023 was 116.25. 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. Vital KSK Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:3151' s Interest Coverage Range Over the Past 10 Years
Min: 25.74 Med: 51.85 Max: 160.3
Current: 53.95

TSE:3151's Interest Coverage is ranked better than
64.1% of 78 companies
in the Medical Distribution industry
Industry Median: 10.31 vs TSE:3151: 53.95

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

Vital KSK Holdings Interest Coverage Historical Data

The historical data trend for Vital KSK Holdings'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.

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Vital KSK Holdings Interest Coverage Chart

Vital KSK Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

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53.89

29.76

25.74

53.95

Vital KSK Holdings 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															-	53.05	60.75	116.25	-

Competitive Comparison of Vital KSK Holdings's Interest Coverage

For the Medical Distribution subindustry, Vital KSK Holdings'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.

Vital KSK Holdings's Interest Coverage Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vital KSK Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vital KSK Holdings's Interest Coverage falls into.

Vital KSK Holdings 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.

Vital KSK Holdings'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, Vital KSK Holdings's Interest Expense was 円-103 Mil. Its Operating Income was 円5,557 Mil. And its Long-Term Debt & Capital Lease Obligation was 円7,254 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	5557	/	-103
	=	53.95

Vital KSK Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Vital KSK Holdings's Interest Expense was 円-24 Mil. Its Operating Income was 円2,790 Mil. And its Long-Term Debt & Capital Lease Obligation was 円6,065 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2790	/	-24
	=	116.25

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

Vital KSK Holdings (TSE:3151) 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 .

Vital KSK Holdings Interest Coverage Related Terms

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

Vital KSK Holdings (TSE:3151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Vital KSK Holdings Inc (TSE:3151) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-12 Tsurumaki, Setagaya-ku, JPN, 154-0016

Website

http://www.vitalksk.co.jp

Vital KSK Holdings Inc engaged in the wholesale and retail of pharmaceutical products. It operates through the Pharmaceutical Wholesale and Other segments. The Pharmaceutical Wholesale segment sells medicines, diagnostics, and medical devices to hospitals, medical institutions, and health practitioners. The Other segment includes retail of pharmaceutical products, wholesale of agrochemical and veterinary drugs, transportation, nursing care services, and medical consultancies. All the business activity of the group is primarily functioned through Japan and distributes its product within the Korean and to overseas market.

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