Hokkai Electrical Construction Co (SSE:1832) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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SSE:1832 Hokkai Electrical Construction Co Inc SSE:1832
68 GF Score
Price 円1,371.00
GF Value 円979.30
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hokkai Electrical Construction Co Interest Coverage?

Hokkai Electrical Construction Co SSE:1832 +1.18% 68 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates SSE:1832 with a GF Score™ of 68/100 and a GF Value™ of 円979.30 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,359 Construction companies, Hokkai Electrical Construction Co ranks better than 99.56% 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. Hokkai Electrical Construction Co's Operating Income for the six months ended in Mar. 2026 was 円3,818 Mil. Hokkai Electrical Construction Co's Interest Expense for the six months ended in Mar. 2026 was 円0 Mil. Hokkai Electrical Construction Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Hokkai Electrical Construction Co Inc has no debt.

(1) 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.

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

SSE:1832' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


SSE:1832's Interest Coverage is ranked better than
99.56% of 1359 companies
in the Construction industry
Industry Median: 7.81 vs SSE:1832: No Debt

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


Hokkai Electrical Construction Co  (SSE:1832) 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 .


Hokkai Electrical Construction Co Interest Coverage Related Terms


Hokkai Electrical Construction Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hokkai Electrical Construction 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.

Hokkai Electrical Construction Co Interest Coverage Chart

Hokkai Electrical Construction 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 No Debt No Debt No Debt No Debt No Debt

Hokkai Electrical Construction 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 No Debt No Debt No Debt No Debt No Debt

SSE:1832 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Hokkai Electrical Construction 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.


Hokkai Electrical Construction Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hokkai Electrical Construction Co's Interest Coverage falls into.


SSE:1832
68GF Score
Hokkai Electrical Construction Co Inc SSE:1832
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkai Electrical Construction 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.

Hokkai Electrical Construction 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, Hokkai Electrical Construction Co's Interest Expense was 円0 Mil. Its Operating Income was 円4,974 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Hokkai Electrical Construction Co had no debt (1).

Hokkai Electrical Construction Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Hokkai Electrical Construction Co's Interest Expense was 円0 Mil. Its Operating Income was 円3,818 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Hokkai Electrical Construction Co had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Hokkai Electrical Construction Co (SSE:1832) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hokkai Electrical Construction Co and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Hokkai Electrical Construction Co's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Hokkai Electrical Construction Co ranks #6 out of 1359 companies in the Construction industry, placing it in the top 0.40000000000001%.
Is Hokkai Electrical Construction Co's Interest Coverage too high?
Hokkai Electrical Construction Co's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Hokkai Electrical Construction Co ranks #6 out of 1359 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkai Electrical Construction Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Hokkai Electrical Construction Co ranks #6 out of 1359 companies for Interest Coverage. This places Hokkai Electrical Construction Co in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.81. Historically, Hokkai Electrical Construction Co's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,359 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. 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 Hokkai Electrical Construction Co and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkai Electrical Construction Co's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円979.30, compared to a current price of 円1,371.00 — trading 40% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Hokkai Electrical Construction Co's overall GF Score™ is 68/100 with 1 warning sign 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 Hokkai Electrical Construction Co (SSE:1832), the current Interest Coverage is No Debt (1) 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,371.00 is trading 40% above its estimated GF Value™ of 円979.30. GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.

Key valuation signals for SSE:1832:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円979.30 vs. price of 円1,371.00 (40% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkai Electrical Construction Co Business Description

Address No. 8 No. 21 1-chome, Sapporo Shiroishi-ku, Kikusui Article 2, Sapporo, JPN, 003-8531
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
68GF Score

Get the complete analysis for SSE:1832

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

円1,371.00
Price
円979.30
GF Value