Tsukuruba (TSE:2978) Interest Coverage: N/A (As of Jan. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:2978 Tsukuruba Inc TSE:2978
58 GF Score
Price 円350.00
GF Value 円1,342.57
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Tsukuruba Interest Coverage?

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. Tsukuruba's Operating Income for the three months ended in Jan. 2026 was 円0 Mil. Tsukuruba's Interest Expense for the three months ended in Jan. 2026 was 円0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tsukuruba Inc interest coverage is 1.86, which is low.

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

TSE:2978' s Interest Coverage Range Over the Past 10 Years
Min: 1.86   Med: 5.75   Max: 6.82
Current: 1.86


TSE:2978's Interest Coverage is ranked worse than
71.14% of 1303 companies
in the Real Estate industry
Industry Median: 4.17 vs TSE:2978: 1.86

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


Tsukuruba  (TSE:2978) 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 .


Tsukuruba Interest Coverage Related Terms


Tsukuruba Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tsukuruba'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.

Tsukuruba Interest Coverage Chart

Tsukuruba Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 6.82 5.64

Tsukuruba Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.95 7.45 1.48 N/A 0.00

TSE:2978 vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Tsukuruba'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.


Tsukuruba Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tsukuruba's Interest Coverage distribution charts can be found below:

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


TSE:2978
58GF Score
Tsukuruba Inc TSE:2978
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsukuruba 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.

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

Here, for the fiscal year that ended in Jul. 2025, Tsukuruba's Interest Expense was 円-49 Mil. Its Operating Income was 円275 Mil. And its Long-Term Debt & Capital Lease Obligation was 円710 Mil.

Interest Coverage=-1* Operating Income (A: Jul. 2025 )/Interest Expense (A: Jul. 2025 )
=-1*274.513/-48.643
=5.64

Tsukuruba's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the three months ended in Jan. 2026, Tsukuruba's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円591 Mil.

GuruFocus does not calculate Tsukuruba's interest coverage with the available data.

* 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.

Is Tsukuruba (TSE:2978) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukuruba stock appears to be undervalued. The current stock price of 円350.00 is trading 73.9% below its estimated GF Value™ of 円1,342.57. GuruFocus considers Tsukuruba to be Possible Value Trap.

Key valuation signals for TSE:2978:

  • Interest Coverage: N/A
  • GF Value™: 円1,342.57 vs. price of 円350.00 (73.9% below fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the TSE:2978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukuruba Business Description

Address 1-1-5 Kamimeguro, 2nd Ikura Building, 2nd Floor, Meguro-ku, Tokyo, JPN, 153-0051
Tsukuruba Inc operates as a distribution platform "cowcamo" for renovation housing utilizing information technology.
58GF Score

Get the complete analysis for TSE:2978

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

円350.00
Price
円1,342.57
GF Value