INGS (TSE:245A) Interest Coverage: 21.14 (As of Feb. 2026) — Near Median


TSE:245A INGS Inc TSE:245A
16 GF Score
Price 円2,286.00
! 1 Warning Sign
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What is INGS Interest Coverage?

INGS TSE:245A -0.13% 16 Interest Coverage is 21.14 as of Feb. 2026, which is 3% above its 10-year median of 20.55. GuruFocus rates TSE:245A with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 261 Restaurants companies, INGS ranks better than 82.38% 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. INGS's Operating Income for the six months ended in Feb. 2026 was 円254 Mil. INGS's Interest Expense for the six months ended in Feb. 2026 was 円-12 Mil. INGS's interest coverage for the quarter that ended in Feb. 2026 was 21.14. The higher the ratio, the stronger the company's financial strength is.

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

TSE:245A' s Interest Coverage Range Over the Past 10 Years
Min: 3.34   Med: 20.55   Max: 24.68
Current: 24.68


TSE:245A's Interest Coverage is ranked better than
82.38% of 261 companies
in the Restaurants industry
Industry Median: 6.46 vs TSE:245A: 24.68

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


INGS  (TSE:245A) 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 .


INGS Interest Coverage Related Terms


INGS Interest Coverage Historical Data

* Premium members only.

The historical data trend for INGS'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.

INGS Interest Coverage Chart

INGS Annual Data
Trend Aug22 Aug23 Aug24 Aug25
Interest Coverage
3.34 20.31 23.49 20.78

INGS Semi-Annual Data
Aug22 Aug23 Aug24 Feb25 Aug25 Feb26
Interest Coverage Get a 7-Day Free Trial N/A N/A 13.66 28.42 21.14

TSE:245A vs MCD, SBUX, YUM: Interest Coverage Comparison

For the Restaurants subindustry, INGS'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.


INGS Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, INGS's Interest Coverage distribution charts can be found below:

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


TSE:245A
16GF Score
INGS Inc TSE:245A
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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INGS 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.

INGS's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, INGS's Interest Expense was 円-24 Mil. Its Operating Income was 円491 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,058 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*490.825/-23.615
=20.78

INGS's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the six months ended in Feb. 2026, INGS's Interest Expense was 円-12 Mil. Its Operating Income was 円254 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,175 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*254.187/-12.024
=21.14

* 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 21.14 mean?
INGS (TSE:245A) has a Interest Coverage of 21.14 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on INGS and its competitors. This is near median its historical median of 20.55. Over the past decade, INGS's Interest Coverage has ranged from 3.34 to 24.68. According to the industry distribution chart, INGS ranks #46 out of 261 companies in the Restaurants industry, placing it in the top 17.6%.
Is INGS's Interest Coverage too high?
INGS's current Interest Coverage of 21.14 is near median its 10-year median of 20.55. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 24.68. The Restaurants industry median Interest Coverage is 6.46. INGS's value of 21.14 is 227.2% above this industry median. Based on the distribution chart, INGS ranks #46 out of 261 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, INGS has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does INGS's Interest Coverage compare to MCD and SBUX?
According to the Restaurants industry distribution chart, INGS ranks #46 out of 261 companies for Interest Coverage. This places INGS in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.46. INGS's value of 21.14 is 227.2% above this benchmark. Historically, INGS's own Interest Coverage has ranged from 3.34 to 24.68 over the past decade. While the company's 10-year median is 20.55 vs. the industry median of 6.46, INGS 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 Restaurants company?
The median Interest Coverage among Restaurants companies is 6.46, based on 261 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. INGS's current Interest Coverage of 21.14 is 227.2% 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 INGS and its competitors. For the Restaurants industry, the median Interest Coverage is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INGS's current Interest Coverage is 21.14, which is near median its own 10-year median of 20.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INGS stock overvalued right now?
INGS (TSE:245A) has a current Interest Coverage of 21.14. The current Interest Coverage is 21.14, which is near median its 10-year median of 20.55 and 227.2% above the Restaurants industry median of 6.46. INGS's overall GF Score™ is 16/100 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 INGS (TSE:245A), the current Interest Coverage is 21.14 as of Feb. 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.

INGS Business Description

Address La Vertie Shinjuku 3rd Floor, 6-28-8, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
INGS Inc is engaged in operation of a restaurant business centered around 'Ramen Hayashida', 'CONA' and 'Shumai no Joe'.
16GF Score

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