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YAMADA Consulting Group Co (TSE:4792) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is YAMADA Consulting Group 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. YAMADA Consulting Group Co's Operating Income for the three months ended in Dec. 2023 was 円1,223 Mil. YAMADA Consulting Group Co's Interest Expense for the three months ended in Dec. 2023 was 円0 Mil. did not have earnings to cover the interest expense. 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. YAMADA Consulting Group Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:4792' s Interest Coverage Range Over the Past 10 Years
Min: 377.44   Med: 6762.43   Max: No Debt
Current: 572.69


TSE:4792's Interest Coverage is ranked better than
87.75% of 792 companies
in the Business Services industry
Industry Median: 13.385 vs TSE:4792: 572.69

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


YAMADA Consulting Group Co Interest Coverage Historical Data

The historical data trend for YAMADA Consulting Group 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.

YAMADA Consulting Group Co Interest Coverage Chart

YAMADA Consulting Group Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 382.30 381.52 377.44

YAMADA Consulting Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 672.26 296.10 307.15 439.66 -

Competitive Comparison of YAMADA Consulting Group Co's Interest Coverage

For the Consulting Services subindustry, YAMADA Consulting Group 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.


YAMADA Consulting Group Co's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, YAMADA Consulting Group Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where YAMADA Consulting Group Co's Interest Coverage falls into.



YAMADA Consulting Group 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.

YAMADA Consulting Group Co's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, YAMADA Consulting Group Co's Interest Expense was 円-8 Mil. Its Operating Income was 円2,872 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*2871.555/-7.608
=377.44

YAMADA Consulting Group Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, YAMADA Consulting Group Co's Interest Expense was 円0 Mil. Its Operating Income was 円1,223 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

* 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.


YAMADA Consulting Group Co  (TSE:4792) 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 .


YAMADA Consulting Group Co Interest Coverage Related Terms

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


YAMADA Consulting Group Co (TSE:4792) Business Description

Traded in Other Exchanges
N/A
Address
1, 8th Marunouchi 1-chome, 10th Floor, Marunouchi Trust Tower N Building, Chiyoda-ku, Tokyo, JPN, 100-0005
YAMADA Consulting Group Co Ltd is a Japan based company engaged in the business areas of investment and fund business, education training, FP business that conducts management consulting business, real estate consulting business, establishment, operation and investment of business succession funds. In the management consulting business, the company provides services such as management improvement, business succession, business revitalization, organization reorganization and others. The organization also has a business presence in Japan and other countries.

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