SETUF (Shin-Etsu Polymer Co) Interest Coverage: 251.25 (As of Mar. 2026) — 26% Below Median

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SETUF Shin-Etsu Polymer Co Ltd SETUF
90 GF Score
Price $9.76
GF Value $7.16
! 6 Warning Signs
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What is Shin-Etsu Polymer Co Interest Coverage?

Shin-Etsu Polymer Co SETUF -1.05% 90 Interest Coverage is 251.25 as of Mar. 2026, which is 26% below its 10-year median of 337.32. GuruFocus rates SETUF with a GF Score™ of 90/100 and a GF Value™ of $7.16. The stock has 6 warning signs investors should review. Among 1,233 Chemicals companies, Shin-Etsu Polymer Co ranks better than 92.05% 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. Shin-Etsu Polymer Co's Operating Income for the three months ended in Mar. 2026 was $19.1 Mil. Shin-Etsu Polymer Co's Interest Expense for the three months ended in Mar. 2026 was $-0.1 Mil. Shin-Etsu Polymer Co's interest coverage for the quarter that ended in Mar. 2026 was 251.25. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Shin-Etsu Polymer Co Ltd has no debt.

The historical rank and industry rank for Shin-Etsu Polymer Co's Interest Coverage or its related term are showing as below:

SETUF' s Interest Coverage Range Over the Past 10 Years
Min: 220.48   Med: 337.32   Max: 389.28
Current: 351.03


SETUF's Interest Coverage is ranked better than
92.05% of 1233 companies
in the Chemicals industry
Industry Median: 10.26 vs SETUF: 351.03

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


Shin-Etsu Polymer Co  (OTCPK:SETUF) 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 .


Shin-Etsu Polymer Co Interest Coverage Related Terms


Shin-Etsu Polymer Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shin-Etsu Polymer 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.

Shin-Etsu Polymer Co Interest Coverage Chart

Shin-Etsu Polymer 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 388.97 375.52 335.29 378.89 351.13

Shin-Etsu Polymer 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 185.92 383.17 364.75 431.38 251.25

SETUF vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.


Shin-Etsu Polymer Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Polymer Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Polymer Co's Interest Coverage falls into.


SETUF
90GF Score
Shin-Etsu Polymer Co Ltd SETUF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin-Etsu Polymer 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.

Shin-Etsu Polymer 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, Shin-Etsu Polymer Co's Interest Expense was $-0.3 Mil. Its Operating Income was $88.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*88.485/-0.252
=351.13

Shin-Etsu Polymer Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shin-Etsu Polymer Co's Interest Expense was $-0.1 Mil. Its Operating Income was $19.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*19.095/-0.076
=251.25

* 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 251.25 mean?
Shin-Etsu Polymer Co (SETUF) has a Interest Coverage of 251.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shin-Etsu Polymer Co and its competitors. This is 26% below median its historical median of 337.32. Over the past decade, Shin-Etsu Polymer Co's Interest Coverage has ranged from 220.48 to 389.28. According to the industry distribution chart, Shin-Etsu Polymer Co ranks #98 out of 1233 companies in the Chemicals industry, placing it in the top 7.9%.
Is Shin-Etsu Polymer Co's Interest Coverage too high?
Shin-Etsu Polymer Co's current Interest Coverage of 251.25 is 26% below median its 10-year median of 337.32. Over the past 10 years, this metric has ranged from a low of 220.48 to a high of 389.28. The Chemicals industry median Interest Coverage is 10.26. Shin-Etsu Polymer Co's value of 251.25 is 2348.8% above this industry median. Based on the distribution chart, Shin-Etsu Polymer Co ranks #98 out of 1233 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shin-Etsu Polymer Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Polymer Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shin-Etsu Polymer Co ranks #98 out of 1233 companies for Interest Coverage. This places Shin-Etsu Polymer Co in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.26. Shin-Etsu Polymer Co's value of 251.25 is 2348.8% above this benchmark. Historically, Shin-Etsu Polymer Co's own Interest Coverage has ranged from 220.48 to 389.28 over the past decade. While the company's 10-year median is 337.32 vs. the industry median of 10.26, Shin-Etsu Polymer 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,233 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. Shin-Etsu Polymer Co's current Interest Coverage of 251.25 is 2348.8% 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 Shin-Etsu Polymer Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin-Etsu Polymer Co's current Interest Coverage is 251.25, which is 26% below median its own 10-year median of 337.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Polymer Co stock overvalued right now?
Shin-Etsu Polymer Co (SETUF) has a current Interest Coverage of 251.25. The stock's GF Value™ is $7.16, compared to a current price of $9.76 — trading 36.3% above its estimated fair value. The current Interest Coverage is 251.25, which is 26% below median its 10-year median of 337.32 and 2348.8% above the Chemicals industry median of 10.26. Shin-Etsu Polymer Co's overall GF Score™ is 90/100 with 6 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 Shin-Etsu Polymer Co (SETUF), the current Interest Coverage is 251.25 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 Shin-Etsu Polymer Co (SETUF) Overvalued in 2026?

Based on GuruFocus' analysis, Shin-Etsu Polymer Co stock appears to be overvalued. The current stock price of $9.76 is trading 36.3% above its estimated GF Value™ of $7.16.

Key valuation signals for SETUF:

  • Interest Coverage: 251.25 (26% below median its 10-year median of 337.32)
  • GF Value™: $7.16 vs. price of $9.76 (36.3% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 2348.8% above the Chemicals median (#98 of 1233)

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


Shin-Etsu Polymer Co Business Description

Other Exchanges 7970:Japan
Address Sotetsu Kandasudacho Building, 1-9 Kanda-Sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.
90GF Score

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

$9.76
Price
$7.16
GF Value