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. Hokuriku Electrical Construction Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円1,912 Mil. Hokuriku Electrical Construction Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-1 Mil.
Hokuriku Electrical Construction Co's interest coverage for the quarter that ended in Mar. 2026 was 1,912.00.
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. Hokuriku Electrical Construction Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
Hokuriku Electrical Construction Co (TSE:1930) 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 .
Hokuriku Electrical Construction Co Interest Coverage Related Terms
Hokuriku Electrical Construction Co Interest Coverage Historical Data
* 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.
Hokuriku Electrical Construction Co Interest Coverage Chart
TSE:1930 vs PWR, FIX, EME: Interest Coverage Comparison
For the Engineering & Construction subindustry, Hokuriku 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.
Hokuriku Electrical Construction Co Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Hokuriku Electrical Construction Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hokuriku Electrical Construction Co's Interest Coverage falls into.
Hokuriku 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:
* 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.
Hokuriku Electrical Construction Co (TSE:1930) has a Interest Coverage of 1,912.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hokuriku Electrical Construction Co and its competitors. This is 15% below median its historical median of 2,260.50. Over the past decade, Hokuriku Electrical Construction Co's Interest Coverage has ranged from 764.00 to 4,767.00. According to the industry distribution chart, Hokuriku Electrical Construction Co ranks #63 out of 1359 companies in the Construction industry, placing it in the top 4.6%.
Is Hokuriku Electrical Construction Co's Interest Coverage too high?
Hokuriku Electrical Construction Co's current Interest Coverage of 1,912.00 is 15% below median its 10-year median of 2,260.50. Over the past 10 years, this metric has ranged from a low of 764.00 to a high of 4,767.00. The Construction industry median Interest Coverage is 7.81. Hokuriku Electrical Construction Co's value of 1,912.00 is 24381.4% above this industry median. Based on the distribution chart, Hokuriku Electrical Construction Co ranks #63 out of 1359 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hokuriku Electrical Construction Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electrical Construction Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Hokuriku Electrical Construction Co ranks #63 out of 1359 companies for Interest Coverage. This places Hokuriku Electrical Construction Co in the top 5% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.81. Hokuriku Electrical Construction Co's value of 1,912.00 is 24381.4% above this benchmark. Historically, Hokuriku Electrical Construction Co's own Interest Coverage has ranged from 764.00 to 4,767.00 over the past decade. While the company's 10-year median is 2,260.50 vs. the industry median of 7.81, Hokuriku Electrical Construction 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 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. Hokuriku Electrical Construction Co's current Interest Coverage of 1,912.00 is 24381.4% 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 Hokuriku 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. Hokuriku Electrical Construction Co's current Interest Coverage is 1,912.00, which is 15% below median its own 10-year median of 2,260.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electrical Construction Co (TSE:1930) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,402.39, compared to a current price of 円1,632.00 — trading 16.4% above its estimated fair value. The current Interest Coverage is 1,912.00, which is 15% below median its 10-year median of 2,260.50 and 24381.4% above the Construction industry median of 7.81. Hokuriku Electrical Construction Co's overall GF Score™ is 75/100 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 Hokuriku Electrical Construction Co (TSE:1930), the current Interest Coverage is 1,912.00 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 Hokuriku Electrical Construction Co (TSE:1930) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Electrical Construction Co stock appears to be overvalued.
The current stock price of 円1,632.00 is trading 16.4% above its estimated GF Value™ of 円1,402.39.
GuruFocus considers Hokuriku Electrical Construction Co to be Modestly Overvalued.
Key valuation signals for TSE:1930:
Interest Coverage: 1,912.00 (15% below median its 10-year median of 2,260.50)
GF Value™: 円1,402.39 vs. price of 円1,632.00 (16.4% above fair value)
Industry Position: 24381.4% above the Construction median (#63 of 1359)
No single metric tells the full story. See the TSE:1930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Electrical Construction Co Business Description
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