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Fuji Co (TSE:8278) Interest Coverage : 70.75 (As of Feb. 2024)


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What is Fuji 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. Fuji Co's Operating Income for the three months ended in Feb. 2024 was 円7,853 Mil. Fuji Co's Interest Expense for the three months ended in Feb. 2024 was 円-111 Mil. Fuji Co's interest coverage for the quarter that ended in Feb. 2024 was 70.75. The higher the ratio, the stronger the company's financial strength is.

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

TSE:8278' s Interest Coverage Range Over the Past 10 Years
Min: 8.96   Med: 24.97   Max: 34.2
Current: 34.2


TSE:8278's Interest Coverage is ranked better than
77.24% of 760 companies
in the Retail - Cyclical industry
Industry Median: 7.585 vs TSE:8278: 34.20

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


Fuji Co Interest Coverage Historical Data

The historical data trend for Fuji 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.

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Fuji Co Interest Coverage Chart

Fuji Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.34 25.04 29.29 24.90 34.20

Fuji Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 46.78 20.70 32.58 11.64 70.75

Competitive Comparison of Fuji Co's Interest Coverage

For the Department Stores subindustry, Fuji 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.


Fuji Co's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fuji Co's Interest Coverage distribution charts can be found below:

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



Fuji 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.

Fuji Co's Interest Coverage for the fiscal year that ended in Feb. 2024 is calculated as

Here, for the fiscal year that ended in Feb. 2024, Fuji Co's Interest Expense was 円-442 Mil. Its Operating Income was 円15,117 Mil. And its Long-Term Debt & Capital Lease Obligation was 円51,200 Mil.

Interest Coverage=-1* Operating Income (A: Feb. 2024 )/Interest Expense (A: Feb. 2024 )
=-1*15117/-442
=34.20

Fuji Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Fuji Co's Interest Expense was 円-111 Mil. Its Operating Income was 円7,853 Mil. And its Long-Term Debt & Capital Lease Obligation was 円51,200 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*7853/-111
=70.75

* 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.


Fuji Co  (TSE:8278) 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 .


Fuji Co Interest Coverage Related Terms

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


Fuji Co (TSE:8278) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 No. 2-chome, Miyanishi, Matsuyama, JPN, 790-8567
Fuji Co Ltd is a Japan-based company primarily engaged in retail and retail-related business. It provides a wide range of merchandise, including foods, vegetables, apparel, cosmetics, groceries, and daily goods, as well as sale and rental of books, DVDs, and CDs. The retail-related business includes the manufacturing, processing, and sale of food products. The company also operates a real estate leasing business, a general travel business, and others. It is headquartered in Matsuyama, Japan.

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