Shin Nippon Air Technologies Co (TSE:1952) Interest Coverage: 3,144.00 (As of Mar. 2026) — 877% Above Median

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TSE:1952 Shin Nippon Air Technologies Co Ltd TSE:1952
84 GF Score
Price 円3,270.00
GF Value 円2,361.40
Valuation Significantly Overvalued
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What is Shin Nippon Air Technologies Co Interest Coverage?

Shin Nippon Air Technologies Co TSE:1952 +2.19% 84 Interest Coverage is 3,144.00 as of Mar. 2026, which is 877% above its 10-year median of 321.81. GuruFocus rates TSE:1952 with a GF Score™ of 84/100 and a GF Value™ of 円2,361.40 (Significantly Overvalued). Among 1,366 Construction companies, Shin Nippon Air Technologies Co ranks better than 96.49% 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. Shin Nippon Air Technologies Co's Operating Income for the three months ended in Mar. 2026 was 円6,288 Mil. Shin Nippon Air Technologies Co's Interest Expense for the three months ended in Mar. 2026 was 円-2 Mil. Shin Nippon Air Technologies Co's interest coverage for the quarter that ended in Mar. 2026 was 3,144.00. 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. Shin Nippon Air Technologies Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:1952' s Interest Coverage Range Over the Past 10 Years
Min: 90.44   Med: 321.81   Max: 3783
Current: 3783


TSE:1952's Interest Coverage is ranked better than
96.49% of 1366 companies
in the Construction industry
Industry Median: 7.97 vs TSE:1952: 3783.00

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


Shin Nippon Air Technologies Co  (TSE:1952) 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 .


Shin Nippon Air Technologies Co Interest Coverage Related Terms


Shin Nippon Air Technologies Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co Interest Coverage Chart

Shin Nippon Air Technologies 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 491.79 339.38 615.87 1,134.60 3,783.00

Shin Nippon Air Technologies 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 1,521.00 No Debt N/A 1,732.00 3,144.00

TSE:1952 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Shin Nippon Air Technologies 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.


Shin Nippon Air Technologies Co Interest Coverage vs Construction Industry

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

* The bar in red indicates where Shin Nippon Air Technologies Co's Interest Coverage falls into.


TSE:1952
84GF Score
Shin Nippon Air Technologies Co Ltd TSE:1952
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies 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, Shin Nippon Air Technologies Co's Interest Expense was 円-4 Mil. Its Operating Income was 円15,132 Mil. And its Long-Term Debt & Capital Lease Obligation was 円360 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*15132/-4
=3,783.00

Shin Nippon Air Technologies Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shin Nippon Air Technologies Co's Interest Expense was 円-2 Mil. Its Operating Income was 円6,288 Mil. And its Long-Term Debt & Capital Lease Obligation was 円360 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6288/-2
=3,144.00

* 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 3,144.00 mean?
Shin Nippon Air Technologies Co (TSE:1952) has a Interest Coverage of 3,144.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shin Nippon Air Technologies Co and its competitors. This is 877% above median its historical median of 321.81. Over the past decade, Shin Nippon Air Technologies Co's Interest Coverage has ranged from 90.44 to 3,783.00. According to the industry distribution chart, Shin Nippon Air Technologies Co ranks #48 out of 1366 companies in the Construction industry, placing it in the top 3.5%.
Is Shin Nippon Air Technologies Co's Interest Coverage too high?
Shin Nippon Air Technologies Co's current Interest Coverage of 3,144.00 is 877% above median its 10-year median of 321.81. Over the past 10 years, this metric has ranged from a low of 90.44 to a high of 3,783.00. The Construction industry median Interest Coverage is 7.97. Shin Nippon Air Technologies Co's value of 3,144.00 is 39347.9% above this industry median. Based on the distribution chart, Shin Nippon Air Technologies Co ranks #48 out of 1366 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Shin Nippon Air Technologies Co ranks #48 out of 1366 companies for Interest Coverage. This places Shin Nippon Air Technologies Co in the top 4% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.97. Shin Nippon Air Technologies Co's value of 3,144.00 is 39347.9% above this benchmark. Historically, Shin Nippon Air Technologies Co's own Interest Coverage has ranged from 90.44 to 3,783.00 over the past decade. While the company's 10-year median is 321.81 vs. the industry median of 7.97, Shin Nippon Air Technologies 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 7.97, based on 1,366 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. Shin Nippon Air Technologies Co's current Interest Coverage of 3,144.00 is 39347.9% 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 Shin Nippon Air Technologies Co and its competitors. For the Construction industry, the median Interest Coverage is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Nippon Air Technologies Co's current Interest Coverage is 3,144.00, which is 877% above median its own 10-year median of 321.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,361.40, compared to a current price of 円3,270.00 — trading 38.5% above its estimated fair value. The current Interest Coverage is 3,144.00, which is 877% above median its 10-year median of 321.81 and 39347.9% above the Construction industry median of 7.97. Shin Nippon Air Technologies Co's overall GF Score™ is 84/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current Interest Coverage is 3,144.00 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 Shin Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued. The current stock price of 円3,270.00 is trading 38.5% above its estimated GF Value™ of 円2,361.40. GuruFocus considers Shin Nippon Air Technologies Co to be Significantly Overvalued.

Key valuation signals for TSE:1952:

  • Interest Coverage: 3,144.00 (877% above median its 10-year median of 321.81)
  • GF Value™: 円2,361.40 vs. price of 円3,270.00 (38.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 39347.9% above the Construction median (#48 of 1366)

No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Nippon Air Technologies Co Business Description

Address 2-31-1 Nihonbashi Hamacho, Hamacho Center Building, Chuo-ku, Tokyo, JPN, 103-0007
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
84GF Score

Get the complete analysis for TSE:1952

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

円3,270.00
Price
円2,361.40
GF Value