ATEYY (Advantest) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


ATEYY Advantest Corp ATEYY
87 GF Score
Price $192.75
GF Value $103.66
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Advantest Interest Coverage?

Advantest ATEYY +1.21% 87 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates ATEYY with a GF Score™ of 87/100 and a GF Value™ of $103.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 637 Semiconductors companies, Advantest ranks better than 81% 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. Advantest's Operating Income for the three months ended in Mar. 2026 was $965 Mil. Advantest's Interest Expense for the three months ended in Mar. 2026 was $6 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Advantest Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

ATEYY' s Interest Coverage Range Over the Past 10 Years
Min: 17.36   Med: 55.53   Max: 839.77
Current: 181.23


ATEYY's Interest Coverage is ranked better than
81% of 637 companies
in the Semiconductors industry
Industry Median: 20.13 vs ATEYY: 181.23

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


Advantest  (OTCPK:ATEYY) 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 .


Advantest Interest Coverage Related Terms


Advantest Interest Coverage Historical Data

* Premium members only.

The historical data trend for Advantest'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.

Advantest Interest Coverage Chart

Advantest 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 378.70 191.65 17.36 43.20 181.24

Advantest 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 21.49 37.70 0.00 255.76 0.00

ATEYY vs LRCX, AMAT, KLAC: Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, Advantest'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.


Advantest Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advantest's Interest Coverage distribution charts can be found below:

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


ATEYY
87GF Score
Advantest Corp ATEYY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advantest 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.

Advantest'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, Advantest's Interest Expense was $-17 Mil. Its Operating Income was $3,145 Mil. And its Long-Term Debt & Capital Lease Obligation was $96 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3145.396/-17.355
=181.24

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

Here, for the three months ended in Mar. 2026, Advantest's Interest Expense was $6 Mil. Its Operating Income was $965 Mil. And its Long-Term Debt & Capital Lease Obligation was $96 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Advantest (ATEYY) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Advantest and its competitors. Over the past decade, Advantest's Interest Coverage has ranged from 17.36 to 839.77. According to the industry distribution chart, Advantest ranks #121 out of 637 companies in the Semiconductors industry, placing it in the top 19%.
Is Advantest's Interest Coverage too high?
Advantest's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 17.36 to a high of 839.77. Based on the distribution chart, Advantest ranks #121 out of 637 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Advantest has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advantest's Interest Coverage compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Advantest ranks #121 out of 637 companies for Interest Coverage. This places Advantest in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 20.13. Historically, Advantest's own Interest Coverage has ranged from 17.36 to 839.77 over the past decade. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.13, based on 637 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. 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 Advantest and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantest's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantest stock overvalued right now?
Based on GuruFocus' analysis, Advantest (ATEYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $103.66, compared to a current price of $192.75 — trading 85.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Advantest's overall GF Score™ is 87/100 with 5 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 Advantest (ATEYY), the current Interest Coverage is 0 (At Loss) 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 Advantest (ATEYY) Overvalued in 2026?

Based on GuruFocus' analysis, Advantest stock appears to be overvalued. The current stock price of $192.75 is trading 85.9% above its estimated GF Value™ of $103.66. GuruFocus considers Advantest to be Significantly Overvalued.

Key valuation signals for ATEYY:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $103.66 vs. price of $192.75 (85.9% above fair value)
  • GF Score™: 87/100 with 5 warning signs

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


Advantest Business Description

Address 1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Founded in 1954 and headquartered in Tokyo, Advantest specializes in semiconductor test systems and is a well-known leader in automated test equipment, or ATE. Advantest also has a high market share in test systems for nonmemory semiconductors, including application processors for mobile phones. The company is also involved in peripheral businesses, such as semiconductor device transport equipment. Following its acquisition of Verigy in July 2011, Advantest holds a market share of over 50% in the ATE market.
87GF Score

Get the complete analysis for ATEYY

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

$192.75
Price
$103.66
GF Value