MEKTF (Mie Kotsu Group Holdings) Interest Coverage: 8.39 (As of Mar. 2026) — 44% Below Median

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MEKTF Mie Kotsu Group Holdings Inc MEKTF
79 GF Score
Price $3.80
! 2 Warning Signs
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What is Mie Kotsu Group Holdings Interest Coverage?

Mie Kotsu Group Holdings MEKTF 79 Interest Coverage is 8.39 as of Mar. 2026, which is 44% below its 10-year median of 14.93. GuruFocus rates MEKTF with a GF Score™ of 79/100. The stock has 2 warning signs investors should review. Among 424 Conglomerates companies, Mie Kotsu Group Holdings ranks better than 71.23% 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. Mie Kotsu Group Holdings's Operating Income for the three months ended in Mar. 2026 was $10.67 Mil. Mie Kotsu Group Holdings's Interest Expense for the three months ended in Mar. 2026 was $-1.27 Mil. Mie Kotsu Group Holdings's interest coverage for the quarter that ended in Mar. 2026 was 8.39. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mie Kotsu Group Holdings's Interest Coverage or its related term are showing as below:

MEKTF' s Interest Coverage Range Over the Past 10 Years
Min: 1.12   Med: 14.93   Max: 22.45
Current: 14.17


MEKTF's Interest Coverage is ranked better than
71.23% of 424 companies
in the Conglomerates industry
Industry Median: 5.27 vs MEKTF: 14.17

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


Mie Kotsu Group Holdings  (OTCPK:MEKTF) 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 .


Mie Kotsu Group Holdings Interest Coverage Related Terms


Mie Kotsu Group Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group Holdings'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.

Mie Kotsu Group Holdings Interest Coverage Chart

Mie Kotsu Group Holdings 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 8.72 19.67 22.46 17.94 14.17

Mie Kotsu Group Holdings 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 6.20 19.11 15.78 15.42 8.39

MEKTF vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Mie Kotsu Group Holdings'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.


Mie Kotsu Group Holdings Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mie Kotsu Group Holdings's Interest Coverage falls into.


MEKTF
79GF Score
Mie Kotsu Group Holdings Inc MEKTF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mie Kotsu Group Holdings 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.

Mie Kotsu Group Holdings'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, Mie Kotsu Group Holdings's Interest Expense was $-4.34 Mil. Its Operating Income was $61.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $252.04 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*61.482/-4.338
=14.17

Mie Kotsu Group Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mie Kotsu Group Holdings's Interest Expense was $-1.27 Mil. Its Operating Income was $10.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $252.04 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.666/-1.272
=8.39

* 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 8.39 mean?
Mie Kotsu Group Holdings (MEKTF) has a Interest Coverage of 8.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mie Kotsu Group Holdings and its competitors. This is 44% below median its historical median of 14.93. Over the past decade, Mie Kotsu Group Holdings' Interest Coverage has ranged from 1.12 to 22.45. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #122 out of 424 companies in the Conglomerates industry, placing it in the top 28.8%.
Is Mie Kotsu Group Holdings' Interest Coverage too high?
Mie Kotsu Group Holdings' current Interest Coverage of 8.39 is 44% below median its 10-year median of 14.93. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 22.45. The Conglomerates industry median Interest Coverage is 5.27. Mie Kotsu Group Holdings' value of 8.39 is 59.2% above this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #122 out of 424 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #122 out of 424 companies for Interest Coverage. This puts Mie Kotsu Group Holdings in the upper half of its industry. The industry median Interest Coverage is 5.27. Mie Kotsu Group Holdings' value of 8.39 is 59.2% above this benchmark. Historically, Mie Kotsu Group Holdings' own Interest Coverage has ranged from 1.12 to 22.45 over the past decade. While the company's 10-year median is 14.93 vs. the industry median of 5.27, Mie Kotsu Group Holdings 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.27, based on 424 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. Mie Kotsu Group Holdings's current Interest Coverage of 8.39 is 59.2% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Interest Coverage is 8.39, which is 44% below median its own 10-year median of 14.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Mie Kotsu Group Holdings (MEKTF) has a current Interest Coverage of 8.39. The current Interest Coverage is 8.39, which is 44% below median its 10-year median of 14.93 and 59.2% above the Conglomerates industry median of 5.27. Mie Kotsu Group Holdings' overall GF Score™ is 79/100 with 2 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 Mie Kotsu Group Holdings (MEKTF), the current Interest Coverage is 8.39 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.

Mie Kotsu Group Holdings Business Description

Other Exchanges 3232:Japan
Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
79GF Score

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$3.80
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