Toray IndustriesTRYIF 78 Interest Coverage is 5.71 as of Mar. 2026, which is 45% below its 10-year median of 10.45. GuruFocus rates TRYIF with a GF Score™ of 78/100 and a GF Value™ of $5.78 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Toray Industries ranks worse than 52.02% 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. Toray Industries's
Operating Income
for the
three
months ended in Mar. 2026 was $165 Mil. Toray Industries's Interest Expense for the
three
months ended in Mar. 2026 was $-29 Mil.
Toray Industries's interest coverage for the quarter that ended in Mar. 2026 was 5.71.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Toray Industries's Interest Coverage or its related term are showing as below:
TRYIF'
s Interest Coverage Range Over the Past 10 Years
Min: 3.02 Med: 10.45 Max: 31.56
Current: 4.93
TRYIF's Interest Coverage is ranked worse than 52.02% of 742
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435
vs TRYIF: 4.93
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 .
Toray Industries Interest Coverage Related Terms
Toray Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Toray Industries'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.
For the Textile Manufacturing subindustry, Toray Industries'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.
Toray Industries Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Toray Industries's Interest Coverage falls into.
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:
* 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.
Toray Industries (TRYIF) has a Interest Coverage of 5.71 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toray Industries and its competitors. This is 45% below median its historical median of 10.45. Over the past decade, Toray Industries' Interest Coverage has ranged from 3.02 to 31.56. According to the industry distribution chart, Toray Industries ranks #386 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52%.
Is Toray Industries' Interest Coverage too high?
Toray Industries' current Interest Coverage of 5.71 is 45% below median its 10-year median of 10.45. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 31.56. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Toray Industries' value of 5.71 is 5.1% above this industry median. Based on the distribution chart, Toray Industries ranks #386 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Toray Industries has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toray Industries' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Toray Industries ranks #386 out of 742 companies for Interest Coverage. This places Toray Industries in the lower half of its industry. The industry median Interest Coverage is 5.44. Toray Industries' value of 5.71 is 5.1% above this benchmark. Historically, Toray Industries' own Interest Coverage has ranged from 3.02 to 31.56 over the past decade. While the company's 10-year median is 10.45 vs. the industry median of 5.44, Toray Industries 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 742 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. Toray Industries's current Interest Coverage of 5.71 is 5.1% 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 Toray Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toray Industries's current Interest Coverage is 5.71, which is 45% below median its own 10-year median of 10.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toray Industries stock overvalued right now?
Based on GuruFocus' analysis, Toray Industries (TRYIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.78, compared to a current price of $6.66 — trading 15.2% above its estimated fair value. The current Interest Coverage is 5.71, which is 45% below median its 10-year median of 10.45 and 5.1% above the Manufacturing - Apparel & Accessories industry median of 5.44. Toray Industries' overall GF Score™ is 78/100 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 Toray Industries (TRYIF), the current Interest Coverage is 5.71 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 Toray Industries (TRYIF) Overvalued in 2026?
Based on GuruFocus' analysis, Toray Industries stock appears to be overvalued.
The current stock price of $6.66 is trading 15.2% above its estimated GF Value™ of $5.78.
GuruFocus considers Toray Industries to be Modestly Overvalued.
Key valuation signals for TRYIF:
Interest Coverage: 5.71 (45% below median its 10-year median of 10.45)
GF Value™: $5.78 vs. price of $6.66 (15.2% above fair value)
Industry Position: 5.1% above the Manufacturing - Apparel & Accessories median (#386 of 742)
No single metric tells the full story. See the TRYIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toray Industries Inc is a Japan-based company engaged in the textile business, functional chemicals business, carbon fiber composite materials, and other businesses. The Carbon Fiber Composite Materials segment covers carbon fiber, composites, and molded products. The Environment and Engineering segment includes membranes for water treatment, general engineering, industrial machinery, housing, and construction materials. The Functional Chemicals segment handles resins, foams, films, fine chemicals, and electronic materials. The Life Science segment focuses on pharmaceuticals and medical devices. The Textile segment provides fibers, fabrics, non-woven and apparel products, while Others offers analysis, survey, and research services. It generates majority of revenue from the Textile segment.
78GF Score
Get the complete analysis for TRYIF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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