Tomen Devices (TSE:2737) Interest Coverage: 8.75 (As of Mar. 2026) — 22% Below Median

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TSE:2737 Tomen Devices Corp TSE:2737
76 GF Score
Price 円16,180.00
GF Value 円10,323.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tomen Devices Interest Coverage?

Tomen Devices TSE:2737 +7.01% 76 Interest Coverage is 8.75 as of Mar. 2026, which is 22% below its 10-year median of 11.17. GuruFocus rates TSE:2737 with a GF Score™ of 76/100 and a GF Value™ of 円10,323.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 637 Semiconductors companies, Tomen Devices ranks worse than 67.19% 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. Tomen Devices's Operating Income for the six months ended in Mar. 2026 was 円10,618 Mil. Tomen Devices's Interest Expense for the six months ended in Mar. 2026 was 円-1,214 Mil. Tomen Devices's interest coverage for the quarter that ended in Mar. 2026 was 8.75. The higher the ratio, the stronger the company's financial strength is.

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

TSE:2737' s Interest Coverage Range Over the Past 10 Years
Min: 5.66   Med: 11.17   Max: 294
Current: 9.09


TSE:2737's Interest Coverage is ranked worse than
67.19% of 637 companies
in the Semiconductors industry
Industry Median: 20.5 vs TSE:2737: 9.09

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


Tomen Devices  (TSE:2737) 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 .


Tomen Devices Interest Coverage Related Terms


Tomen Devices Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tomen Devices'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.

Tomen Devices Interest Coverage Chart

Tomen Devices 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 98.43 10.20 6.16 5.66 9.09

Tomen Devices 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 5.99 6.38 4.87 9.59 8.75

TSE:2737 vs NVDA, AVGO, MU: Interest Coverage Comparison

For the Semiconductors subindustry, Tomen Devices'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.


Tomen Devices Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tomen Devices's Interest Coverage distribution charts can be found below:

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


TSE:2737
76GF Score
Tomen Devices Corp TSE:2737
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomen Devices 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.

Tomen Devices'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, Tomen Devices's Interest Expense was 円-2,066 Mil. Its Operating Income was 円18,785 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*18785/-2066
=9.09

Tomen Devices's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Tomen Devices's Interest Expense was 円-1,214 Mil. Its Operating Income was 円10,618 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10618/-1214
=8.75

* 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 8.75 mean?
Tomen Devices (TSE:2737) has a Interest Coverage of 8.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tomen Devices and its competitors. This is 22% below median its historical median of 11.17. Over the past decade, Tomen Devices' Interest Coverage has ranged from 5.66 to 294.00. According to the industry distribution chart, Tomen Devices ranks #428 out of 637 companies in the Semiconductors industry, placing it in the top 67.2%.
Is Tomen Devices' Interest Coverage too high?
Tomen Devices' current Interest Coverage of 8.75 is 22% below median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 294.00. The Semiconductors industry median Interest Coverage is 20.50. Tomen Devices' value of 8.75 is 57.3% below this industry median. Based on the distribution chart, Tomen Devices ranks #428 out of 637 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Tomen Devices has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomen Devices' Interest Coverage compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Tomen Devices ranks #428 out of 637 companies for Interest Coverage. This places Tomen Devices in the lower half of its industry. The industry median Interest Coverage is 20.50. Tomen Devices' value of 8.75 is 57.3% below this benchmark. Historically, Tomen Devices' own Interest Coverage has ranged from 5.66 to 294.00 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 20.50, Tomen Devices 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.50, based on 637 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. Tomen Devices's current Interest Coverage of 8.75 is 57.3% 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 Tomen Devices and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomen Devices's current Interest Coverage is 8.75, which is 22% below median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomen Devices stock overvalued right now?
Based on GuruFocus' analysis, Tomen Devices (TSE:2737) is currently considered Significantly Overvalued. The stock's GF Value™ is 円10,323.67, compared to a current price of 円16,180.00 — trading 56.7% above its estimated fair value. The current Interest Coverage is 8.75, which is 22% below median its 10-year median of 11.17 and 57.3% below the Semiconductors industry median of 20.50. Tomen Devices' 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 Tomen Devices (TSE:2737), the current Interest Coverage is 8.75 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 Tomen Devices (TSE:2737) Overvalued in 2026?

Based on GuruFocus' analysis, Tomen Devices stock appears to be overvalued. The current stock price of 円16,180.00 is trading 56.7% above its estimated GF Value™ of 円10,323.67. GuruFocus considers Tomen Devices to be Significantly Overvalued.

Key valuation signals for TSE:2737:

  • Interest Coverage: 8.75 (22% below median its 10-year median of 11.17)
  • GF Value™: 円10,323.67 vs. price of 円16,180.00 (56.7% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 57.3% below the Semiconductors median (#428 of 637)

No single metric tells the full story. See the TSE:2737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomen Devices Business Description

Address 8-12, Harumi 1-chome, Chuo-ku, Tokyo, JPN, 104-6230
Tomen Devices Corp is a Japan-based company operating in the semiconductor sector. The company is mainly engaged in the production and sales of semiconductors and electronic parts. It offers memory products, system large scale integration (LSI) products, thin film transistor (TFT), liquid crystal panels and fluorescent display tubes.
76GF Score

Get the complete analysis for TSE:2737

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

円16,180.00
Price
円10,323.67
GF Value