Shinnihon (TSE:1879) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


TSE:1879 Shinnihon Corp TSE:1879
84 GF Score
Price 円2,064.00
GF Value 円1,668.46
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shinnihon Interest Coverage?

Shinnihon TSE:1879 -1.48% 84 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 6,390.50. GuruFocus rates TSE:1879 with a GF Score™ of 84/100 and a GF Value™ of 円1,668.46 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,349 Construction companies, Shinnihon 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. Shinnihon's Operating Income for the three months ended in Mar. 2026 was 円9,432 Mil. Shinnihon's Interest Expense for the three months ended in Mar. 2026 was 円0 Mil. Shinnihon has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Shinnihon Corp 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 Shinnihon's Interest Coverage or its related term are showing as below:

TSE:1879' s Interest Coverage Range Over the Past 10 Years
Min: 44.84   Med: 6390.5   Max: No Debt
Current: No Debt


TSE:1879's Interest Coverage is ranked better than
99.56% of 1349 companies
in the Construction industry
Industry Median: 7.94 vs TSE:1879: 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.


Shinnihon  (TSE:1879) 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 .


Shinnihon Interest Coverage Related Terms


Shinnihon Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shinnihon'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.

Shinnihon Interest Coverage Chart

Shinnihon 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

Shinnihon 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 No Debt No Debt No Debt No Debt No Debt

TSE:1879 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Shinnihon'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.


Shinnihon Interest Coverage vs Construction Industry

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

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


TSE:1879
84GF Score
Shinnihon Corp TSE:1879
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinnihon 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.

Shinnihon'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, Shinnihon's Interest Expense was 円0 Mil. Its Operating Income was 円20,406 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Shinnihon had no debt (1).

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

Here, for the three months ended in Mar. 2026, Shinnihon's Interest Expense was 円0 Mil. Its Operating Income was 円9,432 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Shinnihon 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?
Shinnihon (TSE:1879) 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 Shinnihon and its competitors. This is 100% below median its historical median of 6,390.50. Over the past decade, Shinnihon's Interest Coverage has ranged from 44.84 to 10,000.00. According to the industry distribution chart, Shinnihon ranks #6 out of 1349 companies in the Construction industry, placing it in the top 0.40000000000001%.
Is Shinnihon's Interest Coverage too high?
Shinnihon's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 6,390.50. Over the past 10 years, this metric has ranged from a low of 44.84 to a high of 10,000.00. Based on the distribution chart, Shinnihon ranks #6 out of 1349 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shinnihon has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinnihon's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Shinnihon ranks #6 out of 1349 companies for Interest Coverage. This places Shinnihon in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.94. Historically, Shinnihon's own Interest Coverage has ranged from 44.84 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 7.94, based on 1,349 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 Shinnihon and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinnihon's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 6,390.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinnihon stock overvalued right now?
Based on GuruFocus' analysis, Shinnihon (TSE:1879) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,668.46, compared to a current price of 円2,064.00 — trading 23.7% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 6,390.50. Shinnihon's overall GF Score™ is 84/100 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 Shinnihon (TSE:1879), 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 Shinnihon (TSE:1879) Overvalued in 2026?

Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued. The current stock price of 円2,064.00 is trading 23.7% above its estimated GF Value™ of 円1,668.46. GuruFocus considers Shinnihon to be Modestly Overvalued.

Key valuation signals for TSE:1879:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 6,390.50)
  • GF Value™: 円1,668.46 vs. price of 円2,064.00 (23.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinnihon Business Description

Address 1-4-3 Hibino, Shin Nippon Building, Mihama-ku, Chiba, JPN, 261-0021
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
84GF Score

Get the complete analysis for TSE:1879

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

円2,064.00
Price
円1,668.46
GF Value