MINBY (Minebea Mitsumi) Interest Coverage: 11.67 (As of Mar. 2026) — 36% Below Median


MINBY Minebea Mitsumi Inc MINBY
61 GF Score
Price $29.80
GF Value $20.71
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Minebea Mitsumi Interest Coverage?

Minebea Mitsumi MINBY -10.75% 61 Interest Coverage is 11.67 as of Mar. 2026, which is 36% below its 10-year median of 18.21. GuruFocus rates MINBY with a GF Score™ of 61/100 and a GF Value™ of $20.71 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,673 Hardware companies, Minebea Mitsumi ranks worse than 59.35% 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. Minebea Mitsumi's Operating Income for the three months ended in Mar. 2026 was $181 Mil. Minebea Mitsumi's Interest Expense for the three months ended in Mar. 2026 was $-16 Mil. Minebea Mitsumi's interest coverage for the quarter that ended in Mar. 2026 was 11.67. The higher the ratio, the stronger the company's financial strength is.

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

MINBY' s Interest Coverage Range Over the Past 10 Years
Min: 5.02   Med: 18.21   Max: 55.83
Current: 9.36


MINBY's Interest Coverage is ranked worse than
59.35% of 1673 companies
in the Hardware industry
Industry Median: 13.73 vs MINBY: 9.36

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


Minebea Mitsumi  (OTCPK:MINBY) 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 .


Minebea Mitsumi Interest Coverage Related Terms


Minebea Mitsumi Interest Coverage Historical Data

* Premium members only.

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Interest Coverage Chart

Minebea Mitsumi 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 32.38 13.07 16.48 5.02 9.36

Minebea Mitsumi 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 7.23 5.67 9.19 11.70 11.67

MINBY vs APH, GLW, TEL: Interest Coverage Comparison

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Minebea Mitsumi's Interest Coverage falls into.


MINBY
61GF Score
Minebea Mitsumi Inc MINBY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minebea Mitsumi 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.

Minebea Mitsumi'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, Minebea Mitsumi's Interest Expense was $-70 Mil. Its Operating Income was $655 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,376 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*655.264/-70.001
=9.36

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

Here, for the three months ended in Mar. 2026, Minebea Mitsumi's Interest Expense was $-16 Mil. Its Operating Income was $181 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,376 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*181.312/-15.54
=11.67

* 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 11.67 mean?
Minebea Mitsumi (MINBY) has a Interest Coverage of 11.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minebea Mitsumi and its competitors. This is 36% below median its historical median of 18.21. Over the past decade, Minebea Mitsumi's Interest Coverage has ranged from 5.02 to 55.83. According to the industry distribution chart, Minebea Mitsumi ranks #993 out of 1673 companies in the Hardware industry, placing it in the top 59.4%.
Is Minebea Mitsumi's Interest Coverage too high?
Minebea Mitsumi's current Interest Coverage of 11.67 is 36% below median its 10-year median of 18.21. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 55.83. The Hardware industry median Interest Coverage is 13.73. Minebea Mitsumi's value of 11.67 is 15% below this industry median. Based on the distribution chart, Minebea Mitsumi ranks #993 out of 1673 companies in the Hardware industry, which is below the industry midpoint. Overall, Minebea Mitsumi has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minebea Mitsumi's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Minebea Mitsumi ranks #993 out of 1673 companies for Interest Coverage. This places Minebea Mitsumi in the lower half of its industry. The industry median Interest Coverage is 13.73. Minebea Mitsumi's value of 11.67 is 15% below this benchmark. Historically, Minebea Mitsumi's own Interest Coverage has ranged from 5.02 to 55.83 over the past decade. While the company's 10-year median is 18.21 vs. the industry median of 13.73, Minebea Mitsumi has consistently been below 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 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. Minebea Mitsumi's current Interest Coverage of 11.67 is 15% below 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 Minebea Mitsumi 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. Minebea Mitsumi's current Interest Coverage is 11.67, which is 36% below median its own 10-year median of 18.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minebea Mitsumi stock overvalued right now?
Based on GuruFocus' analysis, Minebea Mitsumi (MINBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.71, compared to a current price of $29.80 — trading 43.9% above its estimated fair value. The current Interest Coverage is 11.67, which is 36% below median its 10-year median of 18.21 and 15% below the Hardware industry median of 13.73. Minebea Mitsumi's overall GF Score™ is 61/100 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 Minebea Mitsumi (MINBY), the current Interest Coverage is 11.67 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 Minebea Mitsumi (MINBY) Overvalued in 2026?

Based on GuruFocus' analysis, Minebea Mitsumi stock appears to be overvalued. The current stock price of $29.80 is trading 43.9% above its estimated GF Value™ of $20.71. GuruFocus considers Minebea Mitsumi to be Significantly Overvalued.

Key valuation signals for MINBY:

  • Interest Coverage: 11.67 (36% below median its 10-year median of 18.21)
  • GF Value™: $20.71 vs. price of $29.80 (43.9% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 15% below the Hardware median (#993 of 1673)

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


Minebea Mitsumi Business Description

Address 1-9-3 Higashi-Shinbashi, Minato-ku, Tokyo, JPN, 105-0021
Minebea Mitsumi Inc is an electronic components company. The company operates through four segments. The Access Solutions segment handles automotive parts such as key sets, door latches, and handles, as well as industrial equipment parts. The Motor Lighting & Sensing segment offers small motors, electronic devices, optical components, sensing devices, and specialized equipment. The Precision Technologies segment focuses on ultra-precision machined parts, including bearings, pivot assemblies, and aircraft screws. The Semiconductor & Electronics segment provides semiconductor devices, optical devices, mechanical components, power supply components, and smart products. It generates the majority of its revenue from the Semiconductor & Electronics segment.
61GF Score

Get the complete analysis for MINBY

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

$29.80
Price
$20.71
GF Value