TBNAF (Tachibana Eletech Co) Interest Coverage: 85.12 (As of Mar. 2026) — 68% 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.

TBNAF Tachibana Eletech Co Ltd TBNAF
86 GF Score
Price $20.20
GF Value $19.35
! 2 Warning Signs
View Full Analysis

What is Tachibana Eletech Co Interest Coverage?

Tachibana Eletech Co TBNAF 86 Interest Coverage is 85.12 as of Mar. 2026, which is 68% below its 10-year median of 266.68. GuruFocus rates TBNAF with a GF Score™ of 86/100 and a GF Value™ of $19.35. The stock has 2 warning signs investors should review. Among 1,673 Hardware companies, Tachibana Eletech Co ranks better than 76.27% 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. Tachibana Eletech Co's Operating Income for the three months ended in Mar. 2026 was $17 Mil. Tachibana Eletech Co's Interest Expense for the three months ended in Mar. 2026 was $-0 Mil. Tachibana Eletech Co's interest coverage for the quarter that ended in Mar. 2026 was 85.12. 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. Tachibana Eletech Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TBNAF' s Interest Coverage Range Over the Past 10 Years
Min: 62.79   Med: 266.68   Max: 336.68
Current: 64.77


TBNAF's Interest Coverage is ranked better than
76.27% of 1673 companies
in the Hardware industry
Industry Median: 13.73 vs TBNAF: 64.77

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


Tachibana Eletech Co  (OTCPK:TBNAF) 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 .


Tachibana Eletech Co Interest Coverage Related Terms


Tachibana Eletech Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tachibana Eletech 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.

Tachibana Eletech Co Interest Coverage Chart

Tachibana Eletech 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 291.82 278.73 96.07 62.78 64.77

Tachibana Eletech 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 77.85 37.34 75.72 58.69 85.12

TBNAF vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Tachibana Eletech 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.


Tachibana Eletech Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Tachibana Eletech Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tachibana Eletech Co's Interest Coverage falls into.


TBNAF
86GF Score
Tachibana Eletech Co Ltd TBNAF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tachibana Eletech 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.

Tachibana Eletech 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, Tachibana Eletech Co's Interest Expense was $-1 Mil. Its Operating Income was $47 Mil. And its Long-Term Debt & Capital Lease Obligation was $4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*47.346/-0.731
=64.77

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

Here, for the three months ended in Mar. 2026, Tachibana Eletech Co's Interest Expense was $-0 Mil. Its Operating Income was $17 Mil. And its Long-Term Debt & Capital Lease Obligation was $4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*16.599/-0.195
=85.12

* 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 85.12 mean?
Tachibana Eletech Co (TBNAF) has a Interest Coverage of 85.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tachibana Eletech Co and its competitors. This is 68% below median its historical median of 266.68. Over the past decade, Tachibana Eletech Co's Interest Coverage has ranged from 62.79 to 336.68. According to the industry distribution chart, Tachibana Eletech Co ranks #397 out of 1673 companies in the Hardware industry, placing it in the top 23.7%.
Is Tachibana Eletech Co's Interest Coverage too high?
Tachibana Eletech Co's current Interest Coverage of 85.12 is 68% below median its 10-year median of 266.68. Over the past 10 years, this metric has ranged from a low of 62.79 to a high of 336.68. The Hardware industry median Interest Coverage is 13.73. Tachibana Eletech Co's value of 85.12 is 520% above this industry median. Based on the distribution chart, Tachibana Eletech Co ranks #397 out of 1673 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tachibana Eletech Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Tachibana Eletech Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Tachibana Eletech Co ranks #397 out of 1673 companies for Interest Coverage. This places Tachibana Eletech Co in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.73. Tachibana Eletech Co's value of 85.12 is 520% above this benchmark. Historically, Tachibana Eletech Co's own Interest Coverage has ranged from 62.79 to 336.68 over the past decade. While the company's 10-year median is 266.68 vs. the industry median of 13.73, Tachibana Eletech 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 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. Tachibana Eletech Co's current Interest Coverage of 85.12 is 520% 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 Tachibana Eletech Co 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. Tachibana Eletech Co's current Interest Coverage is 85.12, which is 68% below median its own 10-year median of 266.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachibana Eletech Co stock overvalued right now?
Tachibana Eletech Co (TBNAF) has a current Interest Coverage of 85.12. The stock's GF Value™ is $19.35, compared to a current price of $20.20 — trading 4.4% above its estimated fair value. The current Interest Coverage is 85.12, which is 68% below median its 10-year median of 266.68 and 520% above the Hardware industry median of 13.73. Tachibana Eletech Co's overall GF Score™ is 86/100 with 2 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 Tachibana Eletech Co (TBNAF), the current Interest Coverage is 85.12 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 Tachibana Eletech Co (TBNAF) Overvalued in 2026?

Based on GuruFocus' analysis, Tachibana Eletech Co stock appears to be overvalued. The current stock price of $20.20 is trading 4.4% above its estimated GF Value™ of $19.35.

Key valuation signals for TBNAF:

  • Interest Coverage: 85.12 (68% below median its 10-year median of 266.68)
  • GF Value™: $19.35 vs. price of $20.20 (4.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 520% above the Hardware median (#397 of 1673)

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


Tachibana Eletech Co Business Description

Other Exchanges 8159:Japan
Address 1-13-25, Nishi-honmachi, Nishi-ku, Osaka, JPN, 550-8555
Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.
86GF Score

Get the complete analysis for TBNAF

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

$20.20
Price
$19.35
GF Value