Nippon Densetsu Kogyo Co (TSE:1950) Interest Coverage: 268.53 (As of Mar. 2026) — 97% Below Median


TSE:1950 Nippon Densetsu Kogyo Co Ltd TSE:1950
80 GF Score
Price 円4,210.00
GF Value 円2,729.57
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Densetsu Kogyo Co Interest Coverage?

Nippon Densetsu Kogyo Co TSE:1950 -1.47% 80 Interest Coverage is 268.53 as of Mar. 2026, which is 97% below its 10-year median of 10,000.00. GuruFocus rates TSE:1950 with a GF Score™ of 80/100 and a GF Value™ of 円2,729.57 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,353 Construction companies, Nippon Densetsu Kogyo Co ranks better than 91.87% 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. Nippon Densetsu Kogyo Co's Operating Income for the three months ended in Mar. 2026 was 円13,695 Mil. Nippon Densetsu Kogyo Co's Interest Expense for the three months ended in Mar. 2026 was 円-51 Mil. Nippon Densetsu Kogyo Co's interest coverage for the quarter that ended in Mar. 2026 was 268.53. 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. Nippon Densetsu Kogyo Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:1950' s Interest Coverage Range Over the Past 10 Years
Min: 298.24   Med: No Debt   Max: No Debt
Current: 298.24


TSE:1950's Interest Coverage is ranked better than
91.87% of 1353 companies
in the Construction industry
Industry Median: 7.81 vs TSE:1950: 298.24

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


Nippon Densetsu Kogyo Co  (TSE:1950) 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 .


Nippon Densetsu Kogyo Co Interest Coverage Related Terms


Nippon Densetsu Kogyo Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nippon Densetsu Kogyo 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.

Nippon Densetsu Kogyo Co Interest Coverage Chart

Nippon Densetsu Kogyo 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 No Debt No Debt No Debt 717.36 298.24

Nippon Densetsu Kogyo 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 592.71 0.00 No Debt 285.76 268.53

Nippon Densetsu Kogyo Co Interest Coverage Competitor Comparison

For the Infrastructure Operations subindustry, Nippon Densetsu Kogyo 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.


Nippon Densetsu Kogyo Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Nippon Densetsu Kogyo Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nippon Densetsu Kogyo Co's Interest Coverage falls into.


TSE:1950
80GF Score
Nippon Densetsu Kogyo Co Ltd TSE:1950
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Densetsu Kogyo 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.

Nippon Densetsu Kogyo 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, Nippon Densetsu Kogyo Co's Interest Expense was 円-79 Mil. Its Operating Income was 円23,561 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*23561/-79
=298.24

Nippon Densetsu Kogyo Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nippon Densetsu Kogyo Co's Interest Expense was 円-51 Mil. Its Operating Income was 円13,695 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*13695/-51
=268.53

* 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 268.53 mean?
Nippon Densetsu Kogyo Co (TSE:1950) has a Interest Coverage of 268.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nippon Densetsu Kogyo Co and its competitors. This is 97% below median its historical median of 10,000.00. Over the past decade, Nippon Densetsu Kogyo Co's Interest Coverage has ranged from 298.24 to 10,000.00. According to the industry distribution chart, Nippon Densetsu Kogyo Co ranks #110 out of 1353 companies in the Construction industry, placing it in the top 8.1%.
Is Nippon Densetsu Kogyo Co's Interest Coverage too high?
Nippon Densetsu Kogyo Co's current Interest Coverage of 268.53 is 97% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 298.24 to a high of 10,000.00. The Construction industry median Interest Coverage is 7.81. Nippon Densetsu Kogyo Co's value of 268.53 is 3338.3% above this industry median. Based on the distribution chart, Nippon Densetsu Kogyo Co ranks #110 out of 1353 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Densetsu Kogyo Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Densetsu Kogyo Co's Interest Coverage compare to competitors?
According to the Construction industry distribution chart, Nippon Densetsu Kogyo Co ranks #110 out of 1353 companies for Interest Coverage. This places Nippon Densetsu Kogyo Co in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.81. Nippon Densetsu Kogyo Co's value of 268.53 is 3338.3% above this benchmark. Historically, Nippon Densetsu Kogyo Co's own Interest Coverage has ranged from 298.24 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 7.81, Nippon Densetsu Kogyo 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 1,353 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. Nippon Densetsu Kogyo Co's current Interest Coverage of 268.53 is 3338.3% 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 Nippon Densetsu Kogyo 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. Nippon Densetsu Kogyo Co's current Interest Coverage is 268.53, which is 97% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Densetsu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Densetsu Kogyo Co (TSE:1950) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,729.57, compared to a current price of 円4,210.00 — trading 54.2% above its estimated fair value. The current Interest Coverage is 268.53, which is 97% below median its 10-year median of 10,000.00 and 3338.3% above the Construction industry median of 7.81. Nippon Densetsu Kogyo Co's overall GF Score™ is 80/100 with 1 warning sign 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 Nippon Densetsu Kogyo Co (TSE:1950), the current Interest Coverage is 268.53 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 Nippon Densetsu Kogyo Co (TSE:1950) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Densetsu Kogyo Co stock appears to be overvalued. The current stock price of 円4,210.00 is trading 54.2% above its estimated GF Value™ of 円2,729.57. GuruFocus considers Nippon Densetsu Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:1950:

  • Interest Coverage: 268.53 (97% below median its 10-year median of 10,000.00)
  • GF Value™: 円2,729.57 vs. price of 円4,210.00 (54.2% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 3338.3% above the Construction median (#110 of 1353)

No single metric tells the full story. See the TSE:1950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Densetsu Kogyo Co Business Description

Address No. 23, No. 2-chome, Taito-ku, Tokyo Ikenohata Ikenohata second building NDK, Tokyo, JPN, 110-8706
Nippon Densetsu Kogyo Co Ltd is mainly engaged in equipment works. It is involved in railroad electrical works, such as electric train line, power generation and transformation, power transmission line, electric lamp and signal works; general electrical works, such as building electrical facility, air conditioning facility, water supply, and drainage, and sanitary equipment works, as well as information and telecommunication facility works.
80GF Score

Get the complete analysis for TSE:1950

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

円4,210.00
Price
円2,729.57
GF Value