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. Mitsubishi Chemical Group's
Operating Income
for the
three
months ended in Mar. 2026 was €-442 Mil. Mitsubishi Chemical Group's Interest Expense for the
three
months ended in Mar. 2026 was €-43 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Mitsubishi Chemical Group Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Mitsubishi Chemical Group's Interest Coverage or its related term are showing as below:
HAM:M3C'
s Interest Coverage Range Over the Past 10 Years
Min: 0.84 Med: 5.54 Max: 16.42
Current: 0.84
HAM:M3C's Interest Coverage is ranked worse than 94.99% of 1237
companies
in the Chemicals industry
Industry Median: 10.26
vs HAM:M3C: 0.84
Mitsubishi Chemical Group (HAM:M3C) 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 .
Mitsubishi Chemical Group Interest Coverage Related Terms
Mitsubishi Chemical Group Interest Coverage Historical Data
* 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.
HAM:M3C vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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.
Mitsubishi Chemical Group Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mitsubishi Chemical Group's Interest Coverage falls into.
Mitsubishi Chemical Group 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:
Mitsubishi Chemical Group did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Mitsubishi Chemical Group (HAM:M3C) 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 Mitsubishi Chemical Group and its competitors. Over the past decade, Mitsubishi Chemical Group's Interest Coverage has ranged from 0.84 to 16.42. According to the industry distribution chart, Mitsubishi Chemical Group ranks #1175 out of 1237 companies in the Chemicals industry, placing it in the top 95%.
Is Mitsubishi Chemical Group's Interest Coverage too high?
Mitsubishi Chemical Group's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 16.42. Based on the distribution chart, Mitsubishi Chemical Group ranks #1175 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi Chemical Group has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Chemical Group's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mitsubishi Chemical Group ranks #1175 out of 1237 companies for Interest Coverage. This places Mitsubishi Chemical Group in the lower half of its industry. The industry median Interest Coverage is 10.26. Historically, Mitsubishi Chemical Group's own Interest Coverage has ranged from 0.84 to 16.42 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,237 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 Mitsubishi Chemical Group and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Chemical Group'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 Mitsubishi Chemical Group stock overvalued right now?
Mitsubishi Chemical Group (HAM:M3C) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is €4.24, compared to a current price of €5.84 — trading 37.6% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Mitsubishi Chemical Group's overall GF Score™ is 61/100 with 11 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 Mitsubishi Chemical Group (HAM:M3C), 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 Mitsubishi Chemical Group (HAM:M3C) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Chemical Group stock appears to be overvalued.
The current stock price of €5.84 is trading 37.6% above its estimated GF Value™ of €4.24.
Key valuation signals for HAM:M3C:
Interest Coverage: 0 (At Loss)
GF Value™: €4.24 vs. price of €5.84 (37.6% above fair value)
No single metric tells the full story. See the HAM:M3C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Chemical Group Corp is a holding company which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into five segments. The Basic Materials & Polymers segment covers petrochemical substrates, polyolefins, basic chemicals, sustainable polymers, engineering plastics, and carbon. The Industrial Gas segment focuses on industrial gases. The MMA & Derivatives segment includes MMA, PMMA, coatings, additives, and fine chemicals. The Pharmacy segment is engaged in medicines, and the Specialty Materials segment handles advanced films and polymers, advanced solutions, and advanced composites. The Others segment includes businesses such as engineering, transportation, and warehousing. It generates the majority of its revenue from the Industrial gas segment.
61GF Score
Get the complete analysis for HAM:M3C
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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