Toshiba Tec (FRA:TECA) Interest Coverage: 23.54 (As of Mar. 2026) — Near Median


FRA:TECA Toshiba Tec Corp FRA:TECA
74 GF Score
Price €15.00
GF Value €17.69
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Toshiba Tec Interest Coverage?

Toshiba Tec FRA:TECA 74 Interest Coverage is 23.54 as of Mar. 2026, which is 1% above its 10-year median of 23.32. GuruFocus rates FRA:TECA with a GF Score™ of 74/100 and a GF Value™ of €17.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,672 Hardware companies, Toshiba Tec ranks worse than 62.38% 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. Toshiba Tec's Operating Income for the three months ended in Mar. 2026 was €64 Mil. Toshiba Tec's Interest Expense for the three months ended in Mar. 2026 was €-3 Mil. Toshiba Tec's interest coverage for the quarter that ended in Mar. 2026 was 23.54. The higher the ratio, the stronger the company's financial strength is.

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

FRA:TECA' s Interest Coverage Range Over the Past 10 Years
Min: 8.43   Med: 23.32   Max: 51.69
Current: 8.43


FRA:TECA's Interest Coverage is ranked worse than
62.38% of 1672 companies
in the Hardware industry
Industry Median: 13.675 vs FRA:TECA: 8.43

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


Toshiba Tec  (FRA:TECA) 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 .


Toshiba Tec Interest Coverage Related Terms


Toshiba Tec Interest Coverage Historical Data

* Premium members only.

The historical data trend for Toshiba Tec'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.

Toshiba Tec Interest Coverage Chart

Toshiba Tec 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 23.70 27.53 13.44 14.54 8.43

Toshiba Tec 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 55.07 0.00 2.29 8.15 23.54

FRA:TECA vs SNDK, DELL, STX: Interest Coverage Comparison

For the Computer Hardware subindustry, Toshiba Tec'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.


Toshiba Tec Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Toshiba Tec's Interest Coverage distribution charts can be found below:

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


FRA:TECA
74GF Score
Toshiba Tec Corp FRA:TECA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toshiba Tec 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.

Toshiba Tec'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, Toshiba Tec's Interest Expense was €-9 Mil. Its Operating Income was €78 Mil. And its Long-Term Debt & Capital Lease Obligation was €150 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*78.147/-9.267
=8.43

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

Here, for the three months ended in Mar. 2026, Toshiba Tec's Interest Expense was €-3 Mil. Its Operating Income was €64 Mil. And its Long-Term Debt & Capital Lease Obligation was €150 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*64.296/-2.731
=23.54

* 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 23.54 mean?
Toshiba Tec (FRA:TECA) has a Interest Coverage of 23.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toshiba Tec and its competitors. This is near median its historical median of 23.32. Over the past decade, Toshiba Tec's Interest Coverage has ranged from 8.43 to 51.69. According to the industry distribution chart, Toshiba Tec ranks #1043 out of 1672 companies in the Hardware industry, placing it in the top 62.4%.
Is Toshiba Tec's Interest Coverage too high?
Toshiba Tec's current Interest Coverage of 23.54 is near median its 10-year median of 23.32. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 51.69. The Hardware industry median Interest Coverage is 13.68. Toshiba Tec's value of 23.54 is 72.1% above this industry median. Based on the distribution chart, Toshiba Tec ranks #1043 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, Toshiba Tec has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toshiba Tec's Interest Coverage compare to SNDK and DELL?
According to the Hardware industry distribution chart, Toshiba Tec ranks #1043 out of 1672 companies for Interest Coverage. This places Toshiba Tec in the lower half of its industry. The industry median Interest Coverage is 13.68. Toshiba Tec's value of 23.54 is 72.1% above this benchmark. Historically, Toshiba Tec's own Interest Coverage has ranged from 8.43 to 51.69 over the past decade. While the company's 10-year median is 23.32 vs. the industry median of 13.68, Toshiba Tec 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.68, based on 1,672 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. Toshiba Tec's current Interest Coverage of 23.54 is 72.1% 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 Toshiba Tec and its competitors. For the Hardware industry, the median Interest Coverage is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toshiba Tec's current Interest Coverage is 23.54, which is near median its own 10-year median of 23.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshiba Tec stock overvalued right now?
Based on GuruFocus' analysis, Toshiba Tec (FRA:TECA) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.69, compared to a current price of €15.00 — trading 15.2% below its estimated fair value. The current Interest Coverage is 23.54, which is near median its 10-year median of 23.32 and 72.1% above the Hardware industry median of 13.68. Toshiba Tec's overall GF Score™ is 74/100 with 3 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 Toshiba Tec (FRA:TECA), the current Interest Coverage is 23.54 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 Toshiba Tec (FRA:TECA) Overvalued in 2026?

Based on GuruFocus' analysis, Toshiba Tec stock appears to be undervalued. The current stock price of €15.00 is trading 15.2% below its estimated GF Value™ of €17.69. GuruFocus considers Toshiba Tec to be Modestly Undervalued.

Key valuation signals for FRA:TECA:

  • Interest Coverage: 23.54 (near median its 10-year median of 23.32)
  • GF Value™: €17.69 vs. price of €15.00 (15.2% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 72.1% above the Hardware median (#1043 of 1672)

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


Toshiba Tec Business Description

Other Exchanges TSHTY:USA6588:Japan
Address 1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.
74GF Score

Get the complete analysis for FRA:TECA

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

€15.00
Price
€17.69
GF Value