Maruwa CoMAWAF 92 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MAWAF with a GF Score™ of 92/100 and a GF Value™ of $174.82. The stock has 7 warning signs investors should review. Among 1,673 Hardware companies, Maruwa Co ranks better than 99.58% 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. Maruwa Co's
Operating Income
for the
three
months ended in Mar. 2026 was $49.5 Mil. Maruwa Co's Interest Expense for the
three
months ended in Mar. 2026 was $0.0 Mil.
Maruwa Co has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Maruwa Co Ltd has no debt.
(1) 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.
The historical rank and industry rank for Maruwa Co's Interest Coverage or its related term are showing as below:
MAWAF'
s Interest Coverage Range Over the Past 10 Years
Min: 1708.17 Med: No Debt Max: 1310578.29
Current: No Debt
MAWAF's Interest Coverage is ranked better than 99.58% of 1673
companies
in the Hardware industry
Industry Median: 13.73
vs MAWAF: No Debt
Maruwa Co (OTCPK:MAWAF) 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 .
Maruwa Co Interest Coverage Related Terms
Maruwa Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Maruwa Co'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.
MAWAF vs APH, GLW, TEL: Interest Coverage Comparison
For the Electronic Components subindustry, Maruwa Co'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.
Maruwa Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Maruwa Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Maruwa Co's Interest Coverage falls into.
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:
* 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 No Debt <sup>(1)</sup> mean?
Maruwa Co (MAWAF) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maruwa Co and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Maruwa Co's Interest Coverage has ranged from 1,708.17 to 1,310,578.29. According to the industry distribution chart, Maruwa Co ranks #7 out of 1673 companies in the Hardware industry, placing it in the top 0.40000000000001%.
Is Maruwa Co's Interest Coverage too high?
Maruwa Co's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 1,708.17 to a high of 1,310,578.29. Based on the distribution chart, Maruwa Co ranks #7 out of 1673 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Maruwa Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Maruwa Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Maruwa Co ranks #7 out of 1673 companies for Interest Coverage. This places Maruwa Co in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.73. Historically, Maruwa Co's own Interest Coverage has ranged from 1,708.17 to 1,310,578.29 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,673 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 Maruwa Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruwa Co's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwa Co stock overvalued right now?
Maruwa Co (MAWAF) has a current Interest Coverage of No Debt (1). The stock's GF Value™ is $174.82, compared to a current price of $274.00 — trading 56.7% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Maruwa Co's overall GF Score™ is 92/100 with 7 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 Maruwa Co (MAWAF), the current Interest Coverage is No Debt (1) 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 Maruwa Co (MAWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Maruwa Co stock appears to be overvalued.
The current stock price of $274.00 is trading 56.7% above its estimated GF Value™ of $174.82.
Key valuation signals for MAWAF:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: $174.82 vs. price of $274.00 (56.7% above fair value)
No single metric tells the full story. See the MAWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in two business divisions, namely the Ceramic parts business and the Lighting equipment business. The Ceramic Parts business segment manufactures and sells electronic components, ceramic substrates, and semiconductor manufacturing equipment. The Lighting Equipment business segment produces and markets LED lighting products alongside conventional lighting equipment. It generates the majority of its revenue from the Ceramic parts business segment.
92GF Score
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