PAL Group Holdings Co (TSE:2726) Interest Coverage : 249.95 (As of Nov. 2023)

PAL Group Holdings Co Interest Coverage Chart

PAL Group Holdings Co Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Interest Coverage		Get a 7-Day Free Trial					80.99	11.86	71.02	177.84	213.90

PAL Group 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	Get a 7-Day Free Trial															127.44	271.76	208.77	249.95	133.04

Competitive Comparison of PAL Group Holdings Co's Interest Coverage

For the Apparel Retail subindustry, PAL Group 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.

PAL Group Holdings Co's Interest Coverage Distribution in the Retail - Cyclical Industry

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

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

PAL Group 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

PAL Group 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, PAL Group Holdings Co's Interest Expense was 円-87 Mil. Its Operating Income was 円18,609 Mil. And its Long-Term Debt & Capital Lease Obligation was 円12,060 Mil.

PAL Group Holdings Co's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the three months ended in Nov. 2023, PAL Group Holdings Co's Interest Expense was 円-21 Mil. Its Operating Income was 円5,249 Mil. And its Long-Term Debt & Capital Lease Obligation was 円10,962 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.

PAL Group Holdings Co  (TSE:2726) 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 .

PAL Group Holdings Co Interest Coverage Related Terms

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PAL Group Holdings Co (TSE:2726) Business Description