Arnest One (TSE:8895) Interest Coverage : 76.11 (As of Dec. 2013)

Arnest One Interest Coverage Chart

Arnest One Annual Data
	Trend	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13
Interest Coverage		Get a 7-Day Free Trial				-	109.50	139.03	131.54	235.21

Arnest One Quarterly Data
	Mar05	Mar06	Mar07	Mar08	Mar10	Mar11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Interest Coverage	Get a 7-Day Free Trial									288.20	172.08	109.35	92.53	76.11

Competitive Comparison of Arnest One's Interest Coverage

For the Residential Construction subindustry, Arnest One'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.

Arnest One's Interest Coverage Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Arnest One's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Arnest One's Interest Coverage falls into.

Arnest One 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.

Arnest One's Interest Coverage for the fiscal year that ended in Mar. 2013 is calculated as

Here, for the fiscal year that ended in Mar. 2013, Arnest One's Interest Expense was 円-77 Mil. Its Operating Income was 円18,111 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Arnest One's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Here, for the three months ended in Dec. 2013, Arnest One's Interest Expense was 円-66 Mil. Its Operating Income was 円5,023 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,573 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.

Arnest One  (TSE:8895) 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 .

Arnest One Interest Coverage Related Terms

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Arnest One (TSE:8895) Business Description