Maruhachi Holdings Co (NGO:3504) Interest Coverage: 13.69 (As of Mar. 2026) — 81% Below Median

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NGO:3504 Maruhachi Holdings Co Ltd NGO:3504
61 GF Score
Price 円1,358.00
GF Value 円907.65
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Maruhachi Holdings Co Interest Coverage?

Maruhachi Holdings Co NGO:3504 +1.80% 61 Interest Coverage is 13.69 as of Mar. 2026, which is 81% below its 10-year median of 72.25. GuruFocus rates NGO:3504 with a GF Score™ of 61/100 and a GF Value™ of 円907.65 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 294 Furnishings, Fixtures & Appliances companies, Maruhachi Holdings Co ranks better than 60.88% 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. Maruhachi Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円782 Mil. Maruhachi Holdings Co's Interest Expense for the six months ended in Mar. 2026 was 円-57 Mil. Maruhachi Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 13.69. The higher the ratio, the stronger the company's financial strength is.

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

NGO:3504' s Interest Coverage Range Over the Past 10 Years
Min: 18.19   Med: 72.25   Max: 123.64
Current: 18.19


NGO:3504's Interest Coverage is ranked better than
60.88% of 294 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 10.955 vs NGO:3504: 18.19

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


Maruhachi Holdings Co  (NGO:3504) 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 .


Maruhachi Holdings Co Interest Coverage Related Terms


Maruhachi Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maruhachi Holdings 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.

Maruhachi Holdings Co Interest Coverage Chart

Maruhachi Holdings 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 123.64 87.34 49.54 33.54 18.19

Maruhachi Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 32.64 41.02 27.88 27.29 13.69

NGO:3504 vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Maruhachi Holdings 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.


Maruhachi Holdings Co Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Maruhachi Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maruhachi Holdings Co's Interest Coverage falls into.


NGO:3504
61GF Score
Maruhachi Holdings Co Ltd NGO:3504
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Holdings 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.

Maruhachi Holdings 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, Maruhachi Holdings Co's Interest Expense was 円-85 Mil. Its Operating Income was 円1,553 Mil. And its Long-Term Debt & Capital Lease Obligation was 円14,850 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1552.51/-85.338
=18.19

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

Here, for the six months ended in Mar. 2026, Maruhachi Holdings Co's Interest Expense was 円-57 Mil. Its Operating Income was 円782 Mil. And its Long-Term Debt & Capital Lease Obligation was 円14,850 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*781.969/-57.104
=13.69

* 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 13.69 mean?
Maruhachi Holdings Co (NGO:3504) has a Interest Coverage of 13.69 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maruhachi Holdings Co and its competitors. This is 81% below median its historical median of 72.25. Over the past decade, Maruhachi Holdings Co's Interest Coverage has ranged from 18.19 to 123.64. According to the industry distribution chart, Maruhachi Holdings Co ranks #115 out of 294 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.1%.
Is Maruhachi Holdings Co's Interest Coverage too high?
Maruhachi Holdings Co's current Interest Coverage of 13.69 is 81% below median its 10-year median of 72.25. Over the past 10 years, this metric has ranged from a low of 18.19 to a high of 123.64. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 10.96. Maruhachi Holdings Co's value of 13.69 is 25% above this industry median. Based on the distribution chart, Maruhachi Holdings Co ranks #115 out of 294 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Maruhachi Holdings Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Holdings Co's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Maruhachi Holdings Co ranks #115 out of 294 companies for Interest Coverage. This puts Maruhachi Holdings Co in the upper half of its industry. The industry median Interest Coverage is 10.96. Maruhachi Holdings Co's value of 13.69 is 25% above this benchmark. Historically, Maruhachi Holdings Co's own Interest Coverage has ranged from 18.19 to 123.64 over the past decade. While the company's 10-year median is 72.25 vs. the industry median of 10.96, Maruhachi Holdings 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 10.96, based on 294 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. Maruhachi Holdings Co's current Interest Coverage of 13.69 is 25% 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 Maruhachi Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Holdings Co's current Interest Coverage is 13.69, which is 81% below median its own 10-year median of 72.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Holdings Co (NGO:3504) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.65, compared to a current price of 円1,358.00 — trading 49.6% above its estimated fair value. The current Interest Coverage is 13.69, which is 81% below median its 10-year median of 72.25 and 25% above the Furnishings, Fixtures & Appliances industry median of 10.96. Maruhachi Holdings Co'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 Maruhachi Holdings Co (NGO:3504), the current Interest Coverage is 13.69 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 Maruhachi Holdings Co (NGO:3504) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Holdings Co stock appears to be overvalued. The current stock price of 円1,358.00 is trading 49.6% above its estimated GF Value™ of 円907.65. GuruFocus considers Maruhachi Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:3504:

  • Interest Coverage: 13.69 (81% below median its 10-year median of 72.25)
  • GF Value™: 円907.65 vs. price of 円1,358.00 (49.6% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 25% above the Furnishings, Fixtures & Appliances median (#115 of 294)

No single metric tells the full story. See the NGO:3504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Holdings Co Business Description

Address Kohoku 3-8-12 8th Floor, Kanagawa-ku, Yokohama, Yubinbango, Yokohama, JPN, 222-0033
Maruhachi Holdings Co Ltd manufactures and sells bedding products including bedding feathers, wool bedding, & fur bedding; and also offers curtains. It is also engaged in real estate leasing business.
61GF Score

Get the complete analysis for NGO:3504

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

円1,358.00
Price
円907.65
GF Value