&Do Holdings Co (TSE:3457) Interest Coverage : 6.79 (As of Dec. 2023)

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What is &Do Holdings 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. &Do Holdings Co's Operating Income for the three months ended in Dec. 2023 was 円1,188 Mil. &Do Holdings Co's Interest Expense for the three months ended in Dec. 2023 was 円-175 Mil. &Do Holdings Co's interest coverage for the quarter that ended in Dec. 2023 was 6.79. The higher the ratio, the stronger the company's financial strength is.

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

TSE:3457' s Interest Coverage Range Over the Past 10 Years
Min: 2.58 Med: 7.95 Max: 16.51
Current: 5.75

TSE:3457's Interest Coverage is ranked better than
57.75% of 1342 companies
in the Real Estate industry
Industry Median: 3.955 vs TSE:3457: 5.75

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

&Do Holdings Co Interest Coverage Historical Data

The historical data trend for &Do 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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&Do Holdings Co Interest Coverage Chart

&Do Holdings Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

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16.51

7.49

9.05

8.40

6.30

&Do Holdings 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															11.82	5.68	4.85	5.52	6.79

Competitive Comparison of &Do Holdings Co's Interest Coverage

For the Real Estate Services subindustry, &Do 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.

&Do Holdings Co's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, &Do Holdings Co's Interest Coverage distribution charts can be found below:

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

&Do 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.

&Do Holdings Co's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, &Do Holdings Co's Interest Expense was 円-504 Mil. Its Operating Income was 円3,176 Mil. And its Long-Term Debt & Capital Lease Obligation was 円32,427 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2023 )	/	Interest Expense (A: Jun. 2023 )
	=	-1	*	3176	/	-504
	=	6.30

&Do Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, &Do Holdings Co's Interest Expense was 円-175 Mil. Its Operating Income was 円1,188 Mil. And its Long-Term Debt & Capital Lease Obligation was 円29,238 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1188	/	-175
	=	6.79

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

&Do Holdings Co (TSE:3457) 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 .

&Do Holdings Co Interest Coverage Related Terms

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

&Do Holdings Co (TSE:3457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » &Do Holdings Co Ltd (TSE:3457) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-1 Marunouchi, 17th Floor, Marunouchi Trust Tower North, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.housedo.co.jp

&Do Holdings Co Ltd, formerly House Do Co Ltd provides various services and consulting to franchised shops for buying and selling real estate. The company is also involved in the renovation business, which includes general refurbishment, planning, design, and construction of extensions and alterations; acquisition, renovation, and resale of pre-owned housing and real estate; planning and sale of newly constructed houses; sale and development of building lots; and acquisition and sale of revenue-generating and investment real estate. In addition, it engages in the planning and management of house leases, house leasebacks, and asset leasebacks; and management of leasing on blocks of revenue-generating condominiums, buildings, classified-ownership condominiums, and detached houses.

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