MKOTF (Meiko Trans Co) Interest Coverage: 44.99 (As of Mar. 2026) — 80% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MKOTF Meiko Trans Co Ltd MKOTF
66 GF Score
Price $8.00
GF Value $5.35
! 7 Warning Signs
View Full Analysis

What is Meiko Trans Co Interest Coverage?

Meiko Trans Co MKOTF 66 Interest Coverage is 44.99 as of Mar. 2026, which is 80% below its 10-year median of 226.90. GuruFocus rates MKOTF with a GF Score™ of 66/100 and a GF Value™ of $5.35. The stock has 7 warning signs investors should review. Among 841 Transportation companies, Meiko Trans Co ranks better than 93.22% 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. Meiko Trans Co's Operating Income for the three months ended in Mar. 2026 was $6.3 Mil. Meiko Trans Co's Interest Expense for the three months ended in Mar. 2026 was $-0.1 Mil. Meiko Trans Co's interest coverage for the quarter that ended in Mar. 2026 was 44.99. 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. Meiko Trans Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Meiko Trans Co's Interest Coverage or its related term are showing as below:

MKOTF' s Interest Coverage Range Over the Past 10 Years
Min: 107.98   Med: 226.9   Max: 2226.8
Current: 107.98


MKOTF's Interest Coverage is ranked better than
93.22% of 841 companies
in the Transportation industry
Industry Median: 5.68 vs MKOTF: 107.98

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


Meiko Trans Co  (OTCPK:MKOTF) 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 .


Meiko Trans Co Interest Coverage Related Terms


Meiko Trans Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Meiko Trans 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.

Meiko Trans Co Interest Coverage Chart

Meiko Trans Co 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 265.67 180.46 182.11 160.59 107.95

Meiko Trans Co 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 123.79 151.04 128.01 167.16 44.99

MKOTF vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Meiko Trans 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.


Meiko Trans Co Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Meiko Trans Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Meiko Trans Co's Interest Coverage falls into.


MKOTF
66GF Score
Meiko Trans Co Ltd MKOTF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiko Trans Co 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.

Meiko Trans Co'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, Meiko Trans Co's Interest Expense was $-0.4 Mil. Its Operating Income was $38.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $26.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*38.539/-0.357
=107.95

Meiko Trans Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Meiko Trans Co's Interest Expense was $-0.1 Mil. Its Operating Income was $6.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $26.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6.344/-0.141
=44.99

* 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 44.99 mean?
Meiko Trans Co (MKOTF) has a Interest Coverage of 44.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Meiko Trans Co and its competitors. This is 80% below median its historical median of 226.90. Over the past decade, Meiko Trans Co's Interest Coverage has ranged from 107.98 to 2,226.80. According to the industry distribution chart, Meiko Trans Co ranks #57 out of 841 companies in the Transportation industry, placing it in the top 6.8%.
Is Meiko Trans Co's Interest Coverage too high?
Meiko Trans Co's current Interest Coverage of 44.99 is 80% below median its 10-year median of 226.90. Over the past 10 years, this metric has ranged from a low of 107.98 to a high of 2,226.80. The Transportation industry median Interest Coverage is 5.68. Meiko Trans Co's value of 44.99 is 692.1% above this industry median. Based on the distribution chart, Meiko Trans Co ranks #57 out of 841 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Meiko Trans Co has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Meiko Trans Co's Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, Meiko Trans Co ranks #57 out of 841 companies for Interest Coverage. This places Meiko Trans Co in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.68. Meiko Trans Co's value of 44.99 is 692.1% above this benchmark. Historically, Meiko Trans Co's own Interest Coverage has ranged from 107.98 to 2,226.80 over the past decade. While the company's 10-year median is 226.90 vs. the industry median of 5.68, Meiko Trans Co 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.68, based on 841 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. Meiko Trans Co's current Interest Coverage of 44.99 is 692.1% 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 Meiko Trans Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Trans Co's current Interest Coverage is 44.99, which is 80% below median its own 10-year median of 226.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Trans Co stock overvalued right now?
Meiko Trans Co (MKOTF) has a current Interest Coverage of 44.99. The stock's GF Value™ is $5.35, compared to a current price of $8.00 — trading 49.5% above its estimated fair value. The current Interest Coverage is 44.99, which is 80% below median its 10-year median of 226.90 and 692.1% above the Transportation industry median of 5.68. Meiko Trans Co's overall GF Score™ is 66/100 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 Meiko Trans Co (MKOTF), the current Interest Coverage is 44.99 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 Meiko Trans Co (MKOTF) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Trans Co stock appears to be overvalued. The current stock price of $8.00 is trading 49.5% above its estimated GF Value™ of $5.35.

Key valuation signals for MKOTF:

  • Interest Coverage: 44.99 (80% below median its 10-year median of 226.90)
  • GF Value™: $5.35 vs. price of $8.00 (49.5% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 692.1% above the Transportation median (#57 of 841)

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


Meiko Trans Co Business Description

Other Exchanges 9357:Japan
Address 4 - 6 entrance 2 - chome, Minato - ku, Nagoya, JPN, 455 - 8650
Meiko Trans Co Ltd is engaged in providing multi-modal transport services. The company offers various services such as Export, Import, Domestic distribution, Warehousing operations, Port operations, 3rd party logistics, Packaging services, Customs brokerage, Air transport operation, and others.
66GF Score

Get the complete analysis for MKOTF

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

$8.00
Price
$5.35
GF Value