Seven & i Holdings Co (TSE:3382) Interest Coverage

: 10.66 (As of Feb. 2024)

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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. Seven & i Holdings Co's Operating Income for the three months ended in Feb. 2024 was 円124,234 Mil. Seven & i Holdings Co's Interest Expense for the three months ended in Feb. 2024 was 円-11,649 Mil. Seven & i Holdings Co's interest coverage for the quarter that ended in Feb. 2024 was 10.66. The higher the ratio, the stronger the company's financial strength is.

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

TSE:3382' s Interest Coverage Range Over the Past 10 Years
Min: 12.39 Med: 35.66 Max: 44.38
Current: 12.39

TSE:3382's Interest Coverage is ranked better than
56.47% of 255 companies
in the Retail - Defensive industry
Industry Median: 9.26 vs TSE:3382: 12.39

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

Seven & i Holdings Co Interest Coverage Historical Data

The historical data trend for Seven & i 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.

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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Seven & i Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Coverage

40.06

34.61

13.21

13.92

12.39

Seven & i Holdings 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																10.32	7.88	15.40	15.74	10.66

Competitive Comparison

For the Grocery Stores subindustry, Seven & i 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.

Seven & i Holdings Co Interest Coverage Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Seven & i Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Seven & i Holdings Co's Interest Coverage falls into.

Seven & i 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 ⁽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.

Seven & i Holdings 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, Seven & i Holdings Co's Interest Expense was 円-43,119 Mil. Its Operating Income was 円534,253 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,112,960 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Feb. 2024 )	/	Interest Expense (A: Feb. 2024 )
	=	-1	*	534253	/	-43119
	=	12.39

Seven & i Holdings Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Seven & i Holdings Co's Interest Expense was 円-11,649 Mil. Its Operating Income was 円124,234 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,112,960 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	124234	/	-11649
	=	10.66

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

Seven & i Holdings Co (TSE:3382) 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 .

Seven & i Holdings Co Interest Coverage Related Terms

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

Seven & i Holdings Co (TSE:3382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Seven & i Holdings Co Ltd (TSE:3382) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

SVNDY:USA SVNDF:USA S6M:Germany S6M:Germany

Address

8-8, Nibancho, Chiyoda-ku, Tokyo, JPN, 102-8452

Website

http://www.7andi.com

Seven & i Holdings operates 7-Eleven, the world's largest convenience store chain, with nearly 72,000 stores globally. C-store operations, mainly in Japan and North America, represent 75% of group sales (54% of operating revenue) and nearly 85% of operating profits. 7-Eleven Japan, the market leader in Japan's C-store industry, has acquired 45% value share and 38% share in store count. 7-Eleven Inc., the largest C-store chain in the U.S., made a $21 billion acquisition of Speedway in 2020. The deal lifted its total store count to about 13,700. Other retail activities including superstores, department stores, and specialty retailers either earn low margins or are in the red. The financial business, mainly ATM operations, is the other key profit contributor.

Seven & i Holdings Co (TSE:3382) Headlines

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