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. Wedge Holdings Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円-39.7 Mil. Wedge Holdings Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-14.6 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Wedge Holdings Co's Interest Coverage or its related term are showing as below:
TSE:2388's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.31 * Ranked among companies with meaningful Interest Coverage only.
Wedge Holdings Co (TSE:2388) 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 .
Wedge Holdings Co Interest Coverage Related Terms
Wedge Holdings Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Wedge Holdings 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.
TSE:2388 vs HON, MMM: Interest Coverage Comparison
For the Conglomerates subindustry, Wedge Holdings 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.
Wedge Holdings Co Interest Coverage vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wedge Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Wedge Holdings Co's Interest Coverage falls into.
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:
Wedge Holdings Co did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Wedge Holdings Co (TSE:2388) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wedge Holdings Co and its competitors. According to the industry distribution chart, Wedge Holdings Co ranks #999999 out of 428 companies in the Conglomerates industry.
Is Wedge Holdings Co's Interest Coverage too high?
Wedge Holdings Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Wedge Holdings Co ranks #999999 out of 428 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Wedge Holdings Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Wedge Holdings Co ranks #999999 out of 428 companies for Interest Coverage. This places Wedge Holdings Co in the lower half of its industry. The industry median Interest Coverage is 5.31. 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 428 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. 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 Wedge Holdings Co and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Holdings Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円84.70, compared to a current price of 円43.00 — trading 49.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Wedge Holdings Co's overall GF Score™ is 50/100 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 Wedge Holdings Co (TSE:2388), the current Interest Coverage is 0 (At Loss) 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?
Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued.
The current stock price of 円43.00 is trading 49.2% below its estimated GF Value™ of 円84.70.
GuruFocus considers Wedge Holdings Co to be Possible Value Trap.
Key valuation signals for TSE:2388:
Interest Coverage: 0 (At Loss)
GF Value™: 円84.70 vs. price of 円43.00 (49.2% below fair value)
No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
50GF Score
Get the complete analysis for TSE:2388
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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