Star Asia Investment (TSE:3468) Interest Coverage : 8.90 (As of Jan. 2023)

Star Asia Investment Interest Coverage Chart

Star Asia Investment Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Interest Coverage	Get a 7-Day Free Trial								9.41	9.09	8.92	8.90	9.23

Competitive Comparison of Star Asia Investment's Interest Coverage

For the REIT - Diversified subindustry, Star Asia Investment'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.

Star Asia Investment's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Star Asia Investment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Star Asia Investment's Interest Coverage falls into.

Star Asia Investment 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.

Star Asia Investment's Interest Coverage for the fiscal year that ended in Jul. 2022 is calculated as

Here, for the fiscal year that ended in Jul. 2022, Star Asia Investment's Interest Expense was 円-681 Mil. Its Operating Income was 円6,136 Mil. And its Long-Term Debt & Capital Lease Obligation was 円73,250 Mil.

Star Asia Investment's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Here, for the six months ended in Jan. 2023, Star Asia Investment's Interest Expense was 円-376 Mil. Its Operating Income was 円3,350 Mil. And its Long-Term Debt & Capital Lease Obligation was 円81,210 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.

Star Asia Investment  (TSE:3468) 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 .

Star Asia Investment Interest Coverage Related Terms

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Star Asia Investment (TSE:3468) Business Description