AHKSY (Asahi Kasei) Interest Coverage: 16.86 (As of Mar. 2026) — 57% Below Median


AHKSY Asahi Kasei Corp AHKSY
75 GF Score
Price $22.36
GF Value $14.76
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Asahi Kasei Interest Coverage?

Asahi Kasei AHKSY +1.96% 75 Interest Coverage is 16.86 as of Mar. 2026, which is 57% below its 10-year median of 39.55. GuruFocus rates AHKSY with a GF Score™ of 75/100 and a GF Value™ of $14.76 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 426 Conglomerates companies, Asahi Kasei ranks better than 75.12% on this metric.

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. Asahi Kasei's Operating Income for the three months ended in Mar. 2026 was $361 Mil. Asahi Kasei's Interest Expense for the three months ended in Mar. 2026 was $-21 Mil. Asahi Kasei's interest coverage for the quarter that ended in Mar. 2026 was 16.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Asahi Kasei's Interest Coverage or its related term are showing as below:

AHKSY' s Interest Coverage Range Over the Past 10 Years
Min: 18.57   Med: 39.55   Max: 55.63
Current: 18.57


AHKSY's Interest Coverage is ranked better than
75.12% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs AHKSY: 18.57

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


Asahi Kasei  (OTCPK:AHKSY) 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 .


Asahi Kasei Interest Coverage Related Terms


Asahi Kasei Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asahi Kasei'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.

Asahi Kasei Interest Coverage Chart

Asahi Kasei Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.63 21.62 18.90 23.30 18.57

Asahi Kasei Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.60 19.14 17.66 20.75 16.86

AHKSY vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Asahi Kasei'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.


Asahi Kasei Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asahi Kasei's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asahi Kasei's Interest Coverage falls into.


AHKSY
75GF Score
Asahi Kasei Corp AHKSY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Kasei 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.

Asahi Kasei's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Asahi Kasei's Interest Expense was $-78 Mil. Its Operating Income was $1,457 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,495 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1456.996/-78.452
=18.57

Asahi Kasei's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Asahi Kasei's Interest Expense was $-21 Mil. Its Operating Income was $361 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,495 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*360.789/-21.401
=16.86

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 16.86 mean?
Asahi Kasei (AHKSY) has a Interest Coverage of 16.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahi Kasei and its competitors. This is 57% below median its historical median of 39.55. Over the past decade, Asahi Kasei's Interest Coverage has ranged from 18.57 to 55.63. According to the industry distribution chart, Asahi Kasei ranks #106 out of 426 companies in the Conglomerates industry, placing it in the top 24.9%.
Is Asahi Kasei's Interest Coverage too high?
Asahi Kasei's current Interest Coverage of 16.86 is 57% below median its 10-year median of 39.55. Over the past 10 years, this metric has ranged from a low of 18.57 to a high of 55.63. The Conglomerates industry median Interest Coverage is 5.31. Asahi Kasei's value of 16.86 is 217.5% above this industry median. Based on the distribution chart, Asahi Kasei ranks #106 out of 426 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Kasei has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Asahi Kasei ranks #106 out of 426 companies for Interest Coverage. This places Asahi Kasei in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.31. Asahi Kasei's value of 16.86 is 217.5% above this benchmark. Historically, Asahi Kasei's own Interest Coverage has ranged from 18.57 to 55.63 over the past decade. While the company's 10-year median is 39.55 vs. the industry median of 5.31, Asahi Kasei has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asahi Kasei's current Interest Coverage of 16.86 is 217.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahi Kasei and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kasei's current Interest Coverage is 16.86, which is 57% below median its own 10-year median of 39.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (AHKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.76, compared to a current price of $22.36 — trading 51.5% above its estimated fair value. The current Interest Coverage is 16.86, which is 57% below median its 10-year median of 39.55 and 217.5% above the Conglomerates industry median of 5.31. Asahi Kasei's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Asahi Kasei (AHKSY), the current Interest Coverage is 16.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asahi Kasei (AHKSY) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued. The current stock price of $22.36 is trading 51.5% above its estimated GF Value™ of $14.76. GuruFocus considers Asahi Kasei to be Significantly Overvalued.

Key valuation signals for AHKSY:

  • Interest Coverage: 16.86 (57% below median its 10-year median of 39.55)
  • GF Value™: $14.76 vs. price of $22.36 (51.5% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 217.5% above the Conglomerates median (#106 of 426)

No single metric tells the full story. See the AHKSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kasei Business Description

Address 1-1-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
75GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.36
Price
$14.76
GF Value