HOSHF (Hoshino Resorts REIT) Interest Coverage: 7.54 (As of Apr. 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HOSHF Hoshino Resorts REIT Inc HOSHF
71 GF Score
Price $1,679.02
GF Value $2,193.50
! 5 Warning Signs
View Full Analysis

What is Hoshino Resorts REIT Interest Coverage?

Hoshino Resorts REIT HOSHF 71 Interest Coverage is 7.54 as of Apr. 2026, which is 28% below its 10-year median of 10.48. GuruFocus rates HOSHF with a GF Score™ of 71/100 and a GF Value™ of $2,193.50. The stock has 5 warning signs investors should review. Among 692 REITs companies, Hoshino Resorts REIT ranks better than 74.13% 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. Hoshino Resorts REIT's Operating Income for the six months ended in Apr. 2026 was $30.5 Mil. Hoshino Resorts REIT's Interest Expense for the six months ended in Apr. 2026 was $-4.0 Mil. Hoshino Resorts REIT's interest coverage for the quarter that ended in Apr. 2026 was 7.54. The higher the ratio, the stronger the company's financial strength is.

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

HOSHF' s Interest Coverage Range Over the Past 10 Years
Min: 7.12   Med: 10.48   Max: 14.1
Current: 7.6


HOSHF's Interest Coverage is ranked better than
74.13% of 692 companies
in the REITs industry
Industry Median: 3.115 vs HOSHF: 7.60

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


Hoshino Resorts REIT  (OTCPK:HOSHF) 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 .


Hoshino Resorts REIT Interest Coverage Related Terms


Hoshino Resorts REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hoshino Resorts REIT'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.

Hoshino Resorts REIT Interest Coverage Chart

Hoshino Resorts REIT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 9.14 8.55 7.57 7.12

Hoshino Resorts REIT Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 7.77 7.41 6.53 7.68 7.54

HOSHF vs HST, RHP, APLE: Interest Coverage Comparison

For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.


Hoshino Resorts REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Hoshino Resorts REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hoshino Resorts REIT's Interest Coverage falls into.


HOSHF
71GF Score
Hoshino Resorts REIT Inc HOSHF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoshino Resorts REIT 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.

Hoshino Resorts REIT's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, Hoshino Resorts REIT's Interest Expense was $-7.2 Mil. Its Operating Income was $51.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $573.6 Mil.

Interest Coverage=-1* Operating Income (A: Oct. 2025 )/Interest Expense (A: Oct. 2025 )
=-1*51.289/-7.2
=7.12

Hoshino Resorts REIT's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the six months ended in Apr. 2026, Hoshino Resorts REIT's Interest Expense was $-4.0 Mil. Its Operating Income was $30.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $565.6 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*30.516/-4.046
=7.54

* 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 7.54 mean?
Hoshino Resorts REIT (HOSHF) has a Interest Coverage of 7.54 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hoshino Resorts REIT and its competitors. This is 28% below median its historical median of 10.48. Over the past decade, Hoshino Resorts REIT's Interest Coverage has ranged from 7.12 to 14.10. According to the industry distribution chart, Hoshino Resorts REIT ranks #179 out of 692 companies in the REITs industry, placing it in the top 25.9%.
Is Hoshino Resorts REIT's Interest Coverage too high?
Hoshino Resorts REIT's current Interest Coverage of 7.54 is 28% below median its 10-year median of 10.48. Over the past 10 years, this metric has ranged from a low of 7.12 to a high of 14.10. The REITs industry median Interest Coverage is 3.12. Hoshino Resorts REIT's value of 7.54 is 142.1% above this industry median. Based on the distribution chart, Hoshino Resorts REIT ranks #179 out of 692 companies in the REITs industry, which is above the industry midpoint. Overall, Hoshino Resorts REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's Interest Coverage compare to HST and RHP?
According to the REITs industry distribution chart, Hoshino Resorts REIT ranks #179 out of 692 companies for Interest Coverage. This puts Hoshino Resorts REIT in the upper half of its industry. The industry median Interest Coverage is 3.12. Hoshino Resorts REIT's value of 7.54 is 142.1% above this benchmark. Historically, Hoshino Resorts REIT's own Interest Coverage has ranged from 7.12 to 14.10 over the past decade. While the company's 10-year median is 10.48 vs. the industry median of 3.12, Hoshino Resorts REIT 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 692 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. Hoshino Resorts REIT's current Interest Coverage of 7.54 is 142.1% 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 Hoshino Resorts REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshino Resorts REIT's current Interest Coverage is 7.54, which is 28% below median its own 10-year median of 10.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Hoshino Resorts REIT (HOSHF) has a current Interest Coverage of 7.54. The stock's GF Value™ is $2,193.50, compared to a current price of $1,679.02 — trading 23.5% below its estimated fair value. The current Interest Coverage is 7.54, which is 28% below median its 10-year median of 10.48 and 142.1% above the REITs industry median of 3.12. Hoshino Resorts REIT's overall GF Score™ is 71/100 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 Hoshino Resorts REIT (HOSHF), the current Interest Coverage is 7.54 as of Apr. 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 Hoshino Resorts REIT (HOSHF) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued. The current stock price of $1,679.02 is trading 23.5% below its estimated GF Value™ of $2,193.50.

Key valuation signals for HOSHF:

  • Interest Coverage: 7.54 (28% below median its 10-year median of 10.48)
  • GF Value™: $2,193.50 vs. price of $1,679.02 (23.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 142.1% above the REITs median (#179 of 692)

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


Hoshino Resorts REIT Business Description

Industry Real EstateREITs
Other Exchanges 3287:Japan
Address 2148 Nagakura, Kitasaku-gun, Karuizawa-machi, Nagano Prefecture, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
71GF Score

Get the complete analysis for HOSHF

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

$1,679.02
Price
$2,193.50
GF Value