The Zenitaka (TSE:1811) Interest Coverage: 12.23 (As of Mar. 2026) — 46% Below Median

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TSE:1811 The Zenitaka Corp TSE:1811
59 GF Score
Price 円7,740.00
GF Value 円4,514.56
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is The Zenitaka Interest Coverage?

The Zenitaka TSE:1811 +0.39% 59 Interest Coverage is 12.23 as of Mar. 2026, which is 46% below its 10-year median of 22.82. GuruFocus rates TSE:1811 with a GF Score™ of 59/100 and a GF Value™ of 円4,514.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,360 Construction companies, The Zenitaka ranks worse than 61.76% 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. The Zenitaka's Operating Income for the three months ended in Mar. 2026 was 円1,235 Mil. The Zenitaka's Interest Expense for the three months ended in Mar. 2026 was 円-101 Mil. The Zenitaka's interest coverage for the quarter that ended in Mar. 2026 was 12.23. The higher the ratio, the stronger the company's financial strength is.

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

TSE:1811' s Interest Coverage Range Over the Past 10 Years
Min: 4.96   Med: 22.82   Max: 57.23
Current: 4.96


TSE:1811's Interest Coverage is ranked worse than
61.76% of 1360 companies
in the Construction industry
Industry Median: 8.08 vs TSE:1811: 4.96

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


The Zenitaka  (TSE:1811) 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 .


The Zenitaka Interest Coverage Related Terms


The Zenitaka Interest Coverage Historical Data

* Premium members only.

The historical data trend for The Zenitaka'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.

The Zenitaka Interest Coverage Chart

The Zenitaka 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 22.25 14.83 23.39 12.33 11.66

The Zenitaka Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24.74 8.52 4.29 12.23 0.00

TSE:1811 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, The Zenitaka'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.


The Zenitaka Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, The Zenitaka's Interest Coverage distribution charts can be found below:

* The bar in red indicates where The Zenitaka's Interest Coverage falls into.


TSE:1811
59GF Score
The Zenitaka Corp TSE:1811
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Zenitaka 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.

The Zenitaka'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, The Zenitaka's Interest Expense was 円-404 Mil. Its Operating Income was 円4,709 Mil. And its Long-Term Debt & Capital Lease Obligation was 円39 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4709/-404
=11.66

The Zenitaka's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, The Zenitaka's Interest Expense was 円-101 Mil. Its Operating Income was 円1,235 Mil. And its Long-Term Debt & Capital Lease Obligation was 円39 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1235/-101
=12.23

* 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 12.23 mean?
The Zenitaka (TSE:1811) has a Interest Coverage of 12.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Zenitaka and its competitors. This is 46% below median its historical median of 22.82. Over the past decade, The Zenitaka's Interest Coverage has ranged from 4.96 to 57.23. According to the industry distribution chart, The Zenitaka ranks #840 out of 1360 companies in the Construction industry, placing it in the top 61.8%.
Is The Zenitaka's Interest Coverage too high?
The Zenitaka's current Interest Coverage of 12.23 is 46% below median its 10-year median of 22.82. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 57.23. The Construction industry median Interest Coverage is 8.08. The Zenitaka's value of 12.23 is 51.4% above this industry median. Based on the distribution chart, The Zenitaka ranks #840 out of 1360 companies in the Construction industry, which is below the industry midpoint. Overall, The Zenitaka has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Zenitaka's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, The Zenitaka ranks #840 out of 1360 companies for Interest Coverage. This places The Zenitaka in the lower half of its industry. The industry median Interest Coverage is 8.08. The Zenitaka's value of 12.23 is 51.4% above this benchmark. Historically, The Zenitaka's own Interest Coverage has ranged from 4.96 to 57.23 over the past decade. While the company's 10-year median is 22.82 vs. the industry median of 8.08, The Zenitaka 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 Construction company?
The median Interest Coverage among Construction companies is 8.08, based on 1,360 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. The Zenitaka's current Interest Coverage of 12.23 is 51.4% 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 The Zenitaka and its competitors. For the Construction industry, the median Interest Coverage is 8.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Zenitaka's current Interest Coverage is 12.23, which is 46% below median its own 10-year median of 22.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Zenitaka stock overvalued right now?
Based on GuruFocus' analysis, The Zenitaka (TSE:1811) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,514.56, compared to a current price of 円7,740.00 — trading 71.4% above its estimated fair value. The current Interest Coverage is 12.23, which is 46% below median its 10-year median of 22.82 and 51.4% above the Construction industry median of 8.08. The Zenitaka's overall GF Score™ is 59/100 with 3 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 The Zenitaka (TSE:1811), the current Interest Coverage is 12.23 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 The Zenitaka (TSE:1811) Overvalued in 2026?

Based on GuruFocus' analysis, The Zenitaka stock appears to be overvalued. The current stock price of 円7,740.00 is trading 71.4% above its estimated GF Value™ of 円4,514.56. GuruFocus considers The Zenitaka to be Significantly Overvalued.

Key valuation signals for TSE:1811:

  • Interest Coverage: 12.23 (46% below median its 10-year median of 22.82)
  • GF Value™: 円4,514.56 vs. price of 円7,740.00 (71.4% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 51.4% above the Construction median (#840 of 1360)

No single metric tells the full story. See the TSE:1811 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Zenitaka Business Description

Address Naniwa Suji Twins West, 2-2-11 Nishi-Honmachi, Nishi-ku, Osaka, JPN
The Zenitaka Corp operates in the real estate industry. The company is in the business of contracting, planning, designing and supervision of construction work. It also processes and sells construction materials.
59GF Score

Get the complete analysis for TSE:1811

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

円7,740.00
Price
円4,514.56
GF Value