Can Do Co (TSE:2698) Interest Coverage: 1.81 (As of Feb. 2026) — 100% Below Median

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TSE:2698 Can Do Co Ltd TSE:2698
58 GF Score
Price 円3,525.00
GF Value 円3,534.08
Valuation Fairly Valued
! 1 Warning Sign
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What is Can Do Co Interest Coverage?

Can Do Co TSE:2698 -0.56% 58 Interest Coverage is 1.81 as of Feb. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSE:2698 with a GF Score™ of 58/100 and a GF Value™ of 円3,534.08 (Fairly Valued). The stock has 1 warning sign investors should review. Among 255 Retail - Defensive companies, Can Do Co ranks better than 70.98% 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. Can Do Co's Operating Income for the three months ended in Feb. 2026 was 円29 Mil. Can Do Co's Interest Expense for the three months ended in Feb. 2026 was 円-16 Mil. Can Do Co's interest coverage for the quarter that ended in Feb. 2026 was 1.81. The higher the ratio, the stronger the company's financial strength is.

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

TSE:2698' s Interest Coverage Range Over the Past 10 Years
Min: 25.31   Med: No Debt   Max: 63405.73
Current: 25.31


TSE:2698's Interest Coverage is ranked better than
70.98% of 255 companies
in the Retail - Defensive industry
Industry Median: 8.79 vs TSE:2698: 25.31

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


Can Do Co  (TSE:2698) 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 .


Can Do Co Interest Coverage Related Terms


Can Do Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Can Do 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.

Can Do Co Interest Coverage Chart

Can Do Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Feb24 Feb25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A No Debt 31.38 35.79

Can Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 55.00 44.27 11.00 1.81 46.25

TSE:2698 vs WMT, COST, TGT: Interest Coverage Comparison

For the Discount Stores subindustry, Can Do 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.


Can Do Co Interest Coverage vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Can Do Co's Interest Coverage falls into.


TSE:2698
58GF Score
Can Do Co Ltd TSE:2698
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Can Do 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.

Can Do Co's Interest Coverage for the fiscal year that ended in Feb. 2025 is calculated as

Here, for the fiscal year that ended in Feb. 2025, Can Do Co's Interest Expense was 円-24 Mil. Its Operating Income was 円859 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Feb. 2025 )/Interest Expense (A: Feb. 2025 )
=-1*859/-24
=35.79

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

Here, for the three months ended in Feb. 2026, Can Do Co's Interest Expense was 円-16 Mil. Its Operating Income was 円29 Mil. And its Long-Term Debt & Capital Lease Obligation was 円566 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*29/-16
=1.81

* 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 1.81 mean?
Can Do Co (TSE:2698) has a Interest Coverage of 1.81 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Can Do Co and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Can Do Co's Interest Coverage has ranged from 25.31 to 63,405.73. According to the industry distribution chart, Can Do Co ranks #74 out of 255 companies in the Retail - Defensive industry, placing it in the top 29%.
Is Can Do Co's Interest Coverage too high?
Can Do Co's current Interest Coverage of 1.81 is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 25.31 to a high of 63,405.73. The Retail - Defensive industry median Interest Coverage is 8.79. Can Do Co's value of 1.81 is 79.4% below this industry median. Based on the distribution chart, Can Do Co ranks #74 out of 255 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Can Do Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Interest Coverage compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #74 out of 255 companies for Interest Coverage. This puts Can Do Co in the upper half of its industry. The industry median Interest Coverage is 8.79. Can Do Co's value of 1.81 is 79.4% below this benchmark. Historically, Can Do Co's own Interest Coverage has ranged from 25.31 to 63,405.73 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 8.79, Can Do Co 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 Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.79, based on 255 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. Can Do Co's current Interest Coverage of 1.81 is 79.4% 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 Can Do Co and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Interest Coverage is 1.81, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,534.08, compared to a current price of 円3,525.00 — trading 0.3% below its estimated fair value. The current Interest Coverage is 1.81, which is 100% below median its 10-year median of 10,000.00 and 79.4% below the Retail - Defensive industry median of 8.79. Can Do Co's overall GF Score™ is 58/100 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 Can Do Co (TSE:2698), the current Interest Coverage is 1.81 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.

Is Can Do Co (TSE:2698) Overvalued in 2026?

Based on GuruFocus' analysis, Can Do Co stock appears to be undervalued. The current stock price of 円3,525.00 is trading 0.3% below its estimated GF Value™ of 円3,534.08. GuruFocus considers Can Do Co to be Fairly Valued.

Key valuation signals for TSE:2698:

  • Interest Coverage: 1.81 (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円3,534.08 vs. price of 円3,525.00 (0.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 79.4% below the Retail - Defensive median (#74 of 255)

No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Can Do Co Business Description

Address 2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
58GF Score

Get the complete analysis for TSE:2698

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

円3,525.00
Price
円3,534.08
GF Value