GIG Works (TSE:2375) Interest Coverage: 21.95 (As of Apr. 2026) — 59% Below Median


TSE:2375 GIG Works Inc TSE:2375
65 GF Score
Price 円203.00
GF Value 円238.82
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GIG Works Interest Coverage?

GIG Works TSE:2375 -0.98% 65 Interest Coverage is 21.95 as of Apr. 2026, which is 59% below its 10-year median of 53.08. GuruFocus rates TSE:2375 with a GF Score™ of 65/100 and a GF Value™ of 円238.82 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,704 Software companies, GIG Works ranks better than 50.82% 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. GIG Works's Operating Income for the six months ended in Apr. 2026 was 円291 Mil. GIG Works's Interest Expense for the six months ended in Apr. 2026 was 円-13 Mil. GIG Works's interest coverage for the quarter that ended in Apr. 2026 was 21.95. The higher the ratio, the stronger the company's financial strength is.

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

TSE:2375' s Interest Coverage Range Over the Past 10 Years
Min: 0.63   Med: 53.08   Max: 87.27
Current: 26.33


TSE:2375's Interest Coverage is ranked better than
50.82% of 1704 companies
in the Software industry
Industry Median: 24.75 vs TSE:2375: 26.33

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


GIG Works  (TSE:2375) 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 .


GIG Works Interest Coverage Related Terms


GIG Works Interest Coverage Historical Data

* Premium members only.

The historical data trend for GIG Works'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.

GIG Works Interest Coverage Chart

GIG Works Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.08 22.59 5.73 0.00 0.63

GIG Works Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 20.89 0.00 0.00 31.01 21.95

TSE:2375 vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, GIG Works'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.


GIG Works Interest Coverage vs Software Industry

For the Software industry and Technology sector, GIG Works's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GIG Works's Interest Coverage falls into.


TSE:2375
65GF Score
GIG Works Inc TSE:2375
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GIG Works 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.

GIG Works's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, GIG Works's Interest Expense was 円-24 Mil. Its Operating Income was 円15 Mil. And its Long-Term Debt & Capital Lease Obligation was 円652 Mil.

Interest Coverage=-1* Operating Income (A: Oct. 2025 )/Interest Expense (A: Oct. 2025 )
=-1*15.017/-23.757
=0.63

GIG Works's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the six months ended in Apr. 2026, GIG Works's Interest Expense was 円-13 Mil. Its Operating Income was 円291 Mil. And its Long-Term Debt & Capital Lease Obligation was 円652 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*290.945/-13.253
=21.95

* 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 21.95 mean?
GIG Works (TSE:2375) has a Interest Coverage of 21.95 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GIG Works and its competitors. This is 59% below median its historical median of 53.08. Over the past decade, GIG Works' Interest Coverage has ranged from 0.63 to 87.27. According to the industry distribution chart, GIG Works ranks #838 out of 1704 companies in the Software industry, placing it in the top 49.2%.
Is GIG Works' Interest Coverage too high?
GIG Works' current Interest Coverage of 21.95 is 59% below median its 10-year median of 53.08. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 87.27. The Software industry median Interest Coverage is 24.75. GIG Works' value of 21.95 is 11.3% below this industry median. Based on the distribution chart, GIG Works ranks #838 out of 1704 companies in the Software industry, which is above the industry midpoint. Overall, GIG Works has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GIG Works' Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, GIG Works ranks #838 out of 1704 companies for Interest Coverage. This puts GIG Works in the upper half of its industry. The industry median Interest Coverage is 24.75. GIG Works' value of 21.95 is 11.3% below this benchmark. Historically, GIG Works' own Interest Coverage has ranged from 0.63 to 87.27 over the past decade. While the company's 10-year median is 53.08 vs. the industry median of 24.75, GIG Works has consistently been below 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 Software company?
The median Interest Coverage among Software companies is 24.75, based on 1,704 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. GIG Works's current Interest Coverage of 21.95 is 11.3% below 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 GIG Works and its competitors. For the Software industry, the median Interest Coverage is 24.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GIG Works's current Interest Coverage is 21.95, which is 59% below median its own 10-year median of 53.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GIG Works stock overvalued right now?
Based on GuruFocus' analysis, GIG Works (TSE:2375) is currently considered Modestly Undervalued. The stock's GF Value™ is 円238.82, compared to a current price of 円203.00 — trading 15% below its estimated fair value. The current Interest Coverage is 21.95, which is 59% below median its 10-year median of 53.08 and 11.3% below the Software industry median of 24.75. GIG Works' overall GF Score™ is 65/100 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 GIG Works (TSE:2375), the current Interest Coverage is 21.95 as of Apr. 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 GIG Works (TSE:2375) Overvalued in 2026?

Based on GuruFocus' analysis, GIG Works stock appears to be undervalued. The current stock price of 円203.00 is trading 15% below its estimated GF Value™ of 円238.82. GuruFocus considers GIG Works to be Modestly Undervalued.

Key valuation signals for TSE:2375:

  • Interest Coverage: 21.95 (59% below median its 10-year median of 53.08)
  • GF Value™: 円238.82 vs. price of 円203.00 (15% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 11.3% below the Software median (#838 of 1704)

No single metric tells the full story. See the TSE:2375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GIG Works Business Description

Address 2-11-6 Nishi-Shinbashi, Tokyo New Nishi-Shinbashi Building 3rd Floor, Minato-ku, Tokyo, JPN, 105-0003
GIG Works Inc is a Japan based company engaged in providing marketing and communication service which include sales agency and sales support service, field support service, contact service, and technology service which include engineering development consignment and staff support service.
65GF Score

Get the complete analysis for TSE:2375

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

円203.00
Price
円238.82
GF Value