Hard Off Co (TSE:2674) Interest Coverage: 42.45 (As of Mar. 2026) — 74% Below Median


TSE:2674 Hard Off Corporation Co Ltd TSE:2674
76 GF Score
Price 円2,610.00
GF Value 円2,353.30
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Hard Off Co Interest Coverage?

Hard Off Co TSE:2674 +0.97% 76 Interest Coverage is 42.45 as of Mar. 2026, which is 74% below its 10-year median of 163.12. GuruFocus rates TSE:2674 with a GF Score™ of 76/100 and a GF Value™ of 円2,353.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 825 Retail - Cyclical companies, Hard Off Co ranks better than 83.64% 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. Hard Off Co's Operating Income for the six months ended in Mar. 2026 was 円2,059 Mil. Hard Off Co's Interest Expense for the six months ended in Mar. 2026 was 円-48 Mil. Hard Off Co's interest coverage for the quarter that ended in Mar. 2026 was 42.45. The higher the ratio, the stronger the company's financial strength is.

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

TSE:2674' s Interest Coverage Range Over the Past 10 Years
Min: 53.16   Med: 163.12   Max: 285.15
Current: 53.16


TSE:2674's Interest Coverage is ranked better than
83.64% of 825 companies
in the Retail - Cyclical industry
Industry Median: 7.96 vs TSE:2674: 53.16

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


Hard Off Co  (TSE:2674) 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 .


Hard Off Co Interest Coverage Related Terms


Hard Off Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hard Off 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.

Hard Off Co Interest Coverage Chart

Hard Off 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 136.03 271.83 285.15 182.51 53.16

Hard Off Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 339.12 226.51 155.11 87.24 42.45

TSE:2674 vs CASY, WSM, DKS: Interest Coverage Comparison

For the Specialty Retail subindustry, Hard Off 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.


Hard Off Co Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hard Off Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hard Off Co's Interest Coverage falls into.


TSE:2674
76GF Score
Hard Off Corporation Co Ltd TSE:2674
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hard Off 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.

Hard Off 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, Hard Off Co's Interest Expense was 円-64 Mil. Its Operating Income was 円3,387 Mil. And its Long-Term Debt & Capital Lease Obligation was 円846 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3387.299/-63.724
=53.16

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

Here, for the six months ended in Mar. 2026, Hard Off Co's Interest Expense was 円-48 Mil. Its Operating Income was 円2,059 Mil. And its Long-Term Debt & Capital Lease Obligation was 円846 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2058.585/-48.494
=42.45

* 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 42.45 mean?
Hard Off Co (TSE:2674) has a Interest Coverage of 42.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hard Off Co and its competitors. This is 74% below median its historical median of 163.12. Over the past decade, Hard Off Co's Interest Coverage has ranged from 53.16 to 285.15. According to the industry distribution chart, Hard Off Co ranks #135 out of 825 companies in the Retail - Cyclical industry, placing it in the top 16.4%.
Is Hard Off Co's Interest Coverage too high?
Hard Off Co's current Interest Coverage of 42.45 is 74% below median its 10-year median of 163.12. Over the past 10 years, this metric has ranged from a low of 53.16 to a high of 285.15. The Retail - Cyclical industry median Interest Coverage is 7.96. Hard Off Co's value of 42.45 is 433.3% above this industry median. Based on the distribution chart, Hard Off Co ranks #135 out of 825 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Hard Off Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hard Off Co's Interest Coverage compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Hard Off Co ranks #135 out of 825 companies for Interest Coverage. This places Hard Off Co in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.96. Hard Off Co's value of 42.45 is 433.3% above this benchmark. Historically, Hard Off Co's own Interest Coverage has ranged from 53.16 to 285.15 over the past decade. While the company's 10-year median is 163.12 vs. the industry median of 7.96, Hard Off 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.96, based on 825 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. Hard Off Co's current Interest Coverage of 42.45 is 433.3% 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 Hard Off Co and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hard Off Co's current Interest Coverage is 42.45, which is 74% below median its own 10-year median of 163.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hard Off Co stock overvalued right now?
Based on GuruFocus' analysis, Hard Off Co (TSE:2674) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,353.30, compared to a current price of 円2,610.00 — trading 10.9% above its estimated fair value. The current Interest Coverage is 42.45, which is 74% below median its 10-year median of 163.12 and 433.3% above the Retail - Cyclical industry median of 7.96. Hard Off Co's overall GF Score™ is 76/100 with 7 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 Hard Off Co (TSE:2674), the current Interest Coverage is 42.45 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 Hard Off Co (TSE:2674) Overvalued in 2026?

Based on GuruFocus' analysis, Hard Off Co stock appears to be overvalued. The current stock price of 円2,610.00 is trading 10.9% above its estimated GF Value™ of 円2,353.30. GuruFocus considers Hard Off Co to be Modestly Overvalued.

Key valuation signals for TSE:2674:

  • Interest Coverage: 42.45 (74% below median its 10-year median of 163.12)
  • GF Value™: 円2,353.30 vs. price of 円2,610.00 (10.9% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 433.3% above the Retail - Cyclical median (#135 of 825)

No single metric tells the full story. See the TSE:2674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hard Off Co Business Description

Address 3-1-13 Shin-Eicho, Shibata-shi, Niigata, JPN, 957-0063
Hard Off Corporation Co Ltd is a Japan-based company engaged in the reuse business. Its business activities include the purchase of used and unnecessary items from the customers, carry out repair, maintenance, inspection, and cleaning and sell to the customers. Products offered by the Hard Off Corporation include a personal computer, musical instruments, furniture, clothing for men; women; and children, trading cards, game, plastic model, toy, car supplies, bags and accessories, books, wine, champagne, beer, sake and shochu.
76GF Score

Get the complete analysis for TSE:2674

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

円2,610.00
Price
円2,353.30
GF Value