Mitsubishi Electric (MEX:MITSN) Interest Coverage: 111.83 (As of Mar. 2026) — 81% Above Median


MEX:MITSN Mitsubishi Electric Corp MEX:MITSN
60 GF Score
Price MXN714.27
GF Value MXN343.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mitsubishi Electric Interest Coverage?

Mitsubishi Electric MEX:MITSN 60 Interest Coverage is 111.83 as of Mar. 2026, which is 81% above its 10-year median of 61.82. GuruFocus rates MEX:MITSN with a GF Score™ of 60/100 and a GF Value™ of MXN343.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,330 Industrial Products companies, Mitsubishi Electric ranks better than 75.97% 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. Mitsubishi Electric's Operating Income for the three months ended in Mar. 2026 was MXN15,721 Mil. Mitsubishi Electric's Interest Expense for the three months ended in Mar. 2026 was MXN-141 Mil. Mitsubishi Electric's interest coverage for the quarter that ended in Mar. 2026 was 111.83. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mitsubishi Electric Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

MEX:MITSN' s Interest Coverage Range Over the Past 10 Years
Min: 27.22   Med: 61.82   Max: 93.28
Current: 62.56


MEX:MITSN's Interest Coverage is ranked better than
75.97% of 2330 companies
in the Industrial Products industry
Industry Median: 14.835 vs MEX:MITSN: 62.56

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


Mitsubishi Electric  (MEX:MITSN) 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 Electric Interest Coverage Related Terms


Mitsubishi Electric Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Interest Coverage Chart

Mitsubishi Electric 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 93.28 61.07 28.11 27.22 62.56

Mitsubishi Electric 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 9.85 42.95 78.16 42.90 111.83

MEX:MITSN vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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 Electric Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitsubishi Electric's Interest Coverage falls into.


MEX:MITSN
60GF Score
Mitsubishi Electric Corp MEX:MITSN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Electric 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.

Mitsubishi Electric'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, Mitsubishi Electric's Interest Expense was MXN-787 Mil. Its Operating Income was MXN49,217 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN23,959 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*49216.91/-786.73
=62.56

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

Here, for the three months ended in Mar. 2026, Mitsubishi Electric's Interest Expense was MXN-141 Mil. Its Operating Income was MXN15,721 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN23,959 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*15720.729/-140.573
=111.83

* 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 111.83 mean?
Mitsubishi Electric (MEX:MITSN) has a Interest Coverage of 111.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitsubishi Electric and its competitors. This is 81% above median its historical median of 61.82. Over the past decade, Mitsubishi Electric's Interest Coverage has ranged from 27.22 to 93.28. According to the industry distribution chart, Mitsubishi Electric ranks #560 out of 2330 companies in the Industrial Products industry, placing it in the top 24%.
Is Mitsubishi Electric's Interest Coverage too high?
Mitsubishi Electric's current Interest Coverage of 111.83 is 81% above median its 10-year median of 61.82. Over the past 10 years, this metric has ranged from a low of 27.22 to a high of 93.28. The Industrial Products industry median Interest Coverage is 14.84. Mitsubishi Electric's value of 111.83 is 653.8% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #560 out of 2330 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mitsubishi Electric has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #560 out of 2330 companies for Interest Coverage. This places Mitsubishi Electric in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.84. Mitsubishi Electric's value of 111.83 is 653.8% above this benchmark. Historically, Mitsubishi Electric's own Interest Coverage has ranged from 27.22 to 93.28 over the past decade. While the company's 10-year median is 61.82 vs. the industry median of 14.84, Mitsubishi Electric 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,330 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. Mitsubishi Electric's current Interest Coverage of 111.83 is 653.8% 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 Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Interest Coverage is 111.83, which is 81% above median its own 10-year median of 61.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (MEX:MITSN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN343.30, compared to a current price of MXN714.27 — trading 108.1% above its estimated fair value. The current Interest Coverage is 111.83, which is 81% above median its 10-year median of 61.82 and 653.8% above the Industrial Products industry median of 14.84. Mitsubishi Electric's overall GF Score™ is 60/100 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 Mitsubishi Electric (MEX:MITSN), the current Interest Coverage is 111.83 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 Electric (MEX:MITSN) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued. The current stock price of MXN714.27 is trading 108.1% above its estimated GF Value™ of MXN343.30. GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.

Key valuation signals for MEX:MITSN:

  • Interest Coverage: 111.83 (81% above median its 10-year median of 61.82)
  • GF Value™: MXN343.30 vs. price of MXN714.27 (108.1% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 653.8% above the Industrial Products median (#560 of 2330)

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


Mitsubishi Electric Business Description

Address 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
60GF Score

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

MXN714.27
Price
MXN343.30
GF Value