ASICS (ASCCF) Interest Coverage: 45.15 (As of Mar. 2026) — 222% Above Median


ASCCF ASICS Corp ASCCF
90 GF Score
Price $26.20
GF Value $25.34
Valuation Fairly Valued
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What is ASICS Interest Coverage?

ASICS ASCCF +2.46% 90 Interest Coverage is 45.15 as of Mar. 2026, which is 222% above its 10-year median of 14.04. GuruFocus rates ASCCF with a GF Score™ of 90/100 and a GF Value™ of $25.34 (Fairly Valued). Among 743 Manufacturing - Apparel & Accessories companies, ASICS ranks better than 79.41% 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. ASICS's Operating Income for the three months ended in Mar. 2026 was $383 Mil. ASICS's Interest Expense for the three months ended in Mar. 2026 was $-8 Mil. ASICS's interest coverage for the quarter that ended in Mar. 2026 was 45.15. The higher the ratio, the stronger the company's financial strength is.

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

ASCCF' s Interest Coverage Range Over the Past 10 Years
Min: 5.78   Med: 14.04   Max: 33.98
Current: 30.87


ASCCF's Interest Coverage is ranked better than
79.41% of 743 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs ASCCF: 30.87

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


ASICS  (OTCPK:ASCCF) 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 .


ASICS Interest Coverage Related Terms


ASICS Interest Coverage Historical Data

* Premium members only.

The historical data trend for ASICS'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.

ASICS Interest Coverage Chart

ASICS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.74 12.77 11.19 18.45 28.25

ASICS 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 35.69 30.72 36.48 11.20 45.15

ASCCF vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, ASICS'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.


ASICS Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Interest Coverage distribution charts can be found below:

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


ASCCF
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ASICS Corp ASCCF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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ASICS 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.

ASICS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, ASICS's Interest Expense was $-32 Mil. Its Operating Income was $914 Mil. And its Long-Term Debt & Capital Lease Obligation was $353 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*914.088/-32.357
=28.25

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

Here, for the three months ended in Mar. 2026, ASICS's Interest Expense was $-8 Mil. Its Operating Income was $383 Mil. And its Long-Term Debt & Capital Lease Obligation was $338 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*382.921/-8.482
=45.15

* 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 45.15 mean?
ASICS (ASCCF) has a Interest Coverage of 45.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ASICS and its competitors. This is 222% above median its historical median of 14.04. Over the past decade, ASICS's Interest Coverage has ranged from 5.78 to 33.98. According to the industry distribution chart, ASICS ranks #153 out of 743 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.6%.
Is ASICS's Interest Coverage too high?
ASICS's current Interest Coverage of 45.15 is 222% above median its 10-year median of 14.04. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 33.98. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. ASICS's value of 45.15 is 731.5% above this industry median. Based on the distribution chart, ASICS ranks #153 out of 743 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, ASICS has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASICS's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ASICS ranks #153 out of 743 companies for Interest Coverage. This places ASICS in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.43. ASICS's value of 45.15 is 731.5% above this benchmark. Historically, ASICS's own Interest Coverage has ranged from 5.78 to 33.98 over the past decade. While the company's 10-year median is 14.04 vs. the industry median of 5.43, ASICS 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 743 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. ASICS's current Interest Coverage of 45.15 is 731.5% 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 ASICS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASICS's current Interest Coverage is 45.15, which is 222% above median its own 10-year median of 14.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (ASCCF) is currently considered Fairly Valued. The stock's GF Value™ is $25.34, compared to a current price of $26.20 — trading 3.4% above its estimated fair value. The current Interest Coverage is 45.15, which is 222% above median its 10-year median of 14.04 and 731.5% above the Manufacturing - Apparel & Accessories industry median of 5.43. ASICS's overall GF Score™ is 90/100. 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 ASICS (ASCCF), the current Interest Coverage is 45.15 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 ASICS (ASCCF) Overvalued in 2026?

Based on GuruFocus' analysis, ASICS stock appears to be overvalued. The current stock price of $26.20 is trading 3.4% above its estimated GF Value™ of $25.34. GuruFocus considers ASICS to be Fairly Valued.

Key valuation signals for ASCCF:

  • Interest Coverage: 45.15 (222% above median its 10-year median of 14.04)
  • GF Value™: $25.34 vs. price of $26.20 (3.4% above fair value)
  • GF Score™: 90/100
  • Industry Position: 731.5% above the Manufacturing - Apparel & Accessories median (#153 of 743)

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


ASICS Business Description

Address 1-2-4 Sannomiyacho, Yamato Kobe Building, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 650-0021
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
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$26.20
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