Feed One Co (TSE:2060) Interest Coverage: 36.18 (As of Mar. 2026) — Near Median

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TSE:2060 Feed One Co Ltd TSE:2060
64 GF Score
Price 円1,292.00
GF Value 円862.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Feed One Co Interest Coverage?

Feed One Co TSE:2060 +0.86% 64 Interest Coverage is 36.18 as of Mar. 2026, which is 6% above its 10-year median of 34.16. GuruFocus rates TSE:2060 with a GF Score™ of 64/100 and a GF Value™ of 円862.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,514 Consumer Packaged Goods companies, Feed One Co ranks better than 71.93% 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. Feed One Co's Operating Income for the three months ended in Mar. 2026 was 円2,460 Mil. Feed One Co's Interest Expense for the three months ended in Mar. 2026 was 円-68 Mil. Feed One Co's interest coverage for the quarter that ended in Mar. 2026 was 36.18. The higher the ratio, the stronger the company's financial strength is.

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

TSE:2060' s Interest Coverage Range Over the Past 10 Years
Min: 9.01   Med: 34.16   Max: 57.29
Current: 32.37


TSE:2060's Interest Coverage is ranked better than
71.93% of 1514 companies
in the Consumer Packaged Goods industry
Industry Median: 8.64 vs TSE:2060: 32.37

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


Feed One Co  (TSE:2060) 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 .


Feed One Co Interest Coverage Related Terms


Feed One Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Feed One 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.

Feed One Co Interest Coverage Chart

Feed One 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 45.68 9.01 42.34 33.38 32.37

Feed One 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 35.10 26.36 27.40 38.93 36.18

TSE:2060 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Feed One 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.


Feed One Co Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Feed One Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Feed One Co's Interest Coverage falls into.


TSE:2060
64GF Score
Feed One Co Ltd TSE:2060
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feed One 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.

Feed One 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, Feed One Co's Interest Expense was 円-250 Mil. Its Operating Income was 円8,092 Mil. And its Long-Term Debt & Capital Lease Obligation was 円23,888 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*8092/-250
=32.37

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

Here, for the three months ended in Mar. 2026, Feed One Co's Interest Expense was 円-68 Mil. Its Operating Income was 円2,460 Mil. And its Long-Term Debt & Capital Lease Obligation was 円23,888 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2460/-68
=36.18

* 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 36.18 mean?
Feed One Co (TSE:2060) has a Interest Coverage of 36.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Feed One Co and its competitors. This is near median its historical median of 34.16. Over the past decade, Feed One Co's Interest Coverage has ranged from 9.01 to 57.29. According to the industry distribution chart, Feed One Co ranks #425 out of 1514 companies in the Consumer Packaged Goods industry, placing it in the top 28.1%.
Is Feed One Co's Interest Coverage too high?
Feed One Co's current Interest Coverage of 36.18 is near median its 10-year median of 34.16. Over the past 10 years, this metric has ranged from a low of 9.01 to a high of 57.29. The Consumer Packaged Goods industry median Interest Coverage is 8.64. Feed One Co's value of 36.18 is 318.8% above this industry median. Based on the distribution chart, Feed One Co ranks #425 out of 1514 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Feed One Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feed One Co's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Feed One Co ranks #425 out of 1514 companies for Interest Coverage. This puts Feed One Co in the upper half of its industry. The industry median Interest Coverage is 8.64. Feed One Co's value of 36.18 is 318.8% above this benchmark. Historically, Feed One Co's own Interest Coverage has ranged from 9.01 to 57.29 over the past decade. While the company's 10-year median is 34.16 vs. the industry median of 8.64, Feed One 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,514 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. Feed One Co's current Interest Coverage of 36.18 is 318.8% 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 Feed One Co and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feed One Co's current Interest Coverage is 36.18, which is near median its own 10-year median of 34.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feed One Co stock overvalued right now?
Based on GuruFocus' analysis, Feed One Co (TSE:2060) is currently considered Significantly Overvalued. The stock's GF Value™ is 円862.00, compared to a current price of 円1,292.00 — trading 49.9% above its estimated fair value. The current Interest Coverage is 36.18, which is near median its 10-year median of 34.16 and 318.8% above the Consumer Packaged Goods industry median of 8.64. Feed One Co's overall GF Score™ is 64/100 with 5 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 Feed One Co (TSE:2060), the current Interest Coverage is 36.18 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 Feed One Co (TSE:2060) Overvalued in 2026?

Based on GuruFocus' analysis, Feed One Co stock appears to be overvalued. The current stock price of 円1,292.00 is trading 49.9% above its estimated GF Value™ of 円862.00. GuruFocus considers Feed One Co to be Significantly Overvalued.

Key valuation signals for TSE:2060:

  • Interest Coverage: 36.18 (near median its 10-year median of 34.16)
  • GF Value™: 円862.00 vs. price of 円1,292.00 (49.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 318.8% above the Consumer Packaged Goods median (#425 of 1514)

No single metric tells the full story. See the TSE:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feed One Co Business Description

Address 2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.
64GF Score

Get the complete analysis for TSE:2060

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

円1,292.00
Price
円862.00
GF Value