Renesas Electronics (MEX:RNEC N) Interest Coverage: N/A (As of Jun. 2026)

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MEX:RNEC N Renesas Electronics Corp MEX:RNEC N
74 GF Score
Price MXN305.03
GF Value MXN156.53
! 2 Warning Signs
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What is Renesas Electronics Interest Coverage?

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. Renesas Electronics's Operating Income for the three months ended in Jun. 2026 was MXN0 Mil. Renesas Electronics's Interest Expense for the three months ended in Jun. 2026 was MXN0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

MEX:RNEC N' s Interest Coverage Range Over the Past 10 Years
Min: 0.71   Med: 14.48   Max: 58.02
Current: 1.07


MEX:RNEC N's Interest Coverage is ranked worse than
94.59% of 647 companies
in the Semiconductors industry
Industry Median: 22.04 vs MEX:RNEC N: 1.07

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


Renesas Electronics  (MEX:RNEC N) 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 .


Renesas Electronics Interest Coverage Related Terms


Renesas Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Renesas Electronics'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.

Renesas Electronics Interest Coverage Chart

Renesas Electronics Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 6.70 58.02 20.32 0.82

Renesas Electronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.17 15.24 18.20 8.29 N/A

MEX:RNEC N vs NVDA, AVGO, MU: Interest Coverage Comparison

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Renesas Electronics's Interest Coverage falls into.


MEX:RNEC N
74GF Score
Renesas Electronics Corp MEX:RNEC N
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renesas Electronics 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.

Renesas Electronics's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Renesas Electronics's Interest Expense was MXN-28,368 Mil. Its Operating Income was MXN23,231 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN111,337 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*23231.47/-28367.624
=0.82

Renesas Electronics's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Renesas Electronics's Interest Expense was MXN0 Mil. Its Operating Income was MXN0 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN98,776 Mil.

GuruFocus does not calculate Renesas Electronics's interest coverage with the available 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.

The higher the ratio, the stronger the company's Financial Strength is.

Is Renesas Electronics (MEX:RNEC N) Overvalued in 2026?

Based on GuruFocus' analysis, Renesas Electronics stock appears to be overvalued. The current stock price of MXN305.03 is trading 94.9% above its estimated GF Value™ of MXN156.53.

Key valuation signals for MEX:RNEC N:

  • Interest Coverage: N/A
  • GF Value™: MXN156.53 vs. price of MXN305.03 (94.9% above fair value)
  • GF Score™: 74/100 with 2 warning signs

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


Renesas Electronics Business Description

Address 3-2-24 Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics is a Japanese broad-based integrated device manufacturer involved in the design and manufacturing of microcontrollers and analog chips, used across automotive, industrial, enterprise, and consumer industries. Headquartered in Tokyo, the company was created through the combination of electronics business units from NEC Electronics, Mitsubishi, and Hitachi. The company's businesses are primarily focused in Asia, where they historically account for 70%-80% of its sales. Renesas is the third- and ninth-largest manufacturer of MCUs and power/analog devices, with a 17% and 3.5% market share, respectively, as of 2024.
74GF Score

Get the complete analysis for MEX:RNEC N

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

MXN305.03
Price
MXN156.53
GF Value