Techno Ryowa (TSE:1965) Interest Coverage: 558.88 (As of Mar. 2026) — 86% Above Median


TSE:1965 Techno Ryowa Ltd TSE:1965
72 GF Score
Price 円5,720.00
GF Value 円3,258.02
Valuation Significantly Overvalued
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What is Techno Ryowa Interest Coverage?

Techno Ryowa TSE:1965 +0.35% 72 Interest Coverage is 558.88 as of Mar. 2026, which is 86% above its 10-year median of 299.99. GuruFocus rates TSE:1965 with a GF Score™ of 72/100 and a GF Value™ of 円3,258.02 (Significantly Overvalued). Among 1,349 Construction companies, Techno Ryowa ranks better than 94.74% 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. Techno Ryowa's Operating Income for the three months ended in Mar. 2026 was 円4,471 Mil. Techno Ryowa's Interest Expense for the three months ended in Mar. 2026 was 円-8 Mil. Techno Ryowa's interest coverage for the quarter that ended in Mar. 2026 was 558.88. 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. Techno Ryowa Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:1965' s Interest Coverage Range Over the Past 10 Years
Min: 142.92   Med: 299.99   Max: 788.25
Current: 787.95


TSE:1965's Interest Coverage is ranked better than
94.74% of 1349 companies
in the Construction industry
Industry Median: 7.94 vs TSE:1965: 787.95

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


Techno Ryowa  (TSE:1965) 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 .


Techno Ryowa Interest Coverage Related Terms


Techno Ryowa Interest Coverage Historical Data

* Premium members only.

The historical data trend for Techno Ryowa'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.

Techno Ryowa Interest Coverage Chart

Techno Ryowa 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 232.23 244.54 482.92 566.71 788.25

Techno Ryowa 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 878.20 585.25 803.20 1,643.67 558.88

TSE:1965 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Techno Ryowa'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.


Techno Ryowa Interest Coverage vs Construction Industry

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

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


TSE:1965
72GF Score
Techno Ryowa Ltd TSE:1965
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techno Ryowa 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.

Techno Ryowa'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, Techno Ryowa's Interest Expense was 円-20 Mil. Its Operating Income was 円15,765 Mil. And its Long-Term Debt & Capital Lease Obligation was 円60 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*15765/-20
=788.25

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

Here, for the three months ended in Mar. 2026, Techno Ryowa's Interest Expense was 円-8 Mil. Its Operating Income was 円4,471 Mil. And its Long-Term Debt & Capital Lease Obligation was 円60 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4471/-8
=558.88

* 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 558.88 mean?
Techno Ryowa (TSE:1965) has a Interest Coverage of 558.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Techno Ryowa and its competitors. This is 86% above median its historical median of 299.99. Over the past decade, Techno Ryowa's Interest Coverage has ranged from 142.92 to 788.25. According to the industry distribution chart, Techno Ryowa ranks #71 out of 1349 companies in the Construction industry, placing it in the top 5.3%.
Is Techno Ryowa's Interest Coverage too high?
Techno Ryowa's current Interest Coverage of 558.88 is 86% above median its 10-year median of 299.99. Over the past 10 years, this metric has ranged from a low of 142.92 to a high of 788.25. The Construction industry median Interest Coverage is 7.94. Techno Ryowa's value of 558.88 is 6938.8% above this industry median. Based on the distribution chart, Techno Ryowa ranks #71 out of 1349 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Techno Ryowa has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techno Ryowa's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Techno Ryowa ranks #71 out of 1349 companies for Interest Coverage. This places Techno Ryowa in the top 5% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.94. Techno Ryowa's value of 558.88 is 6938.8% above this benchmark. Historically, Techno Ryowa's own Interest Coverage has ranged from 142.92 to 788.25 over the past decade. While the company's 10-year median is 299.99 vs. the industry median of 7.94, Techno Ryowa 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 7.94, 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. Techno Ryowa's current Interest Coverage of 558.88 is 6938.8% 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 Techno Ryowa 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. Techno Ryowa's current Interest Coverage is 558.88, which is 86% above median its own 10-year median of 299.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Ryowa stock overvalued right now?
Based on GuruFocus' analysis, Techno Ryowa (TSE:1965) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,258.02, compared to a current price of 円5,720.00 — trading 75.6% above its estimated fair value. The current Interest Coverage is 558.88, which is 86% above median its 10-year median of 299.99 and 6938.8% above the Construction industry median of 7.94. Techno Ryowa's overall GF Score™ is 72/100. 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 Techno Ryowa (TSE:1965), the current Interest Coverage is 558.88 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 Techno Ryowa (TSE:1965) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Ryowa stock appears to be overvalued. The current stock price of 円5,720.00 is trading 75.6% above its estimated GF Value™ of 円3,258.02. GuruFocus considers Techno Ryowa to be Significantly Overvalued.

Key valuation signals for TSE:1965:

  • Interest Coverage: 558.88 (86% above median its 10-year median of 299.99)
  • GF Value™: 円3,258.02 vs. price of 円5,720.00 (75.6% above fair value)
  • GF Score™: 72/100
  • Industry Position: 6938.8% above the Construction median (#71 of 1349)

No single metric tells the full story. See the TSE:1965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techno Ryowa Business Description

Address 2-12-8 Shibadaimon, Minato-Ku, Tokyo, JPN, 170-0005
Techno Ryowa Ltd is engaged in the design and installation of thermal and air conditioning equipment for factories and office buildings. It designs, construct, and maintain air conditioning equipment; and plumbing and sanitation facilities in Japan.
72GF Score

Get the complete analysis for TSE:1965

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

円5,720.00
Price
円3,258.02
GF Value