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Ocean SystemTSE:3096 +0.82%81 Interest Coverage is 62.91 as of Mar. 2026, which is 0% below its 10-year median of 63.15. GuruFocus rates TSE:3096 with a GF Score™ of 81/100 and a GF Value™ of 円1,288.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 255 Retail - Defensive companies, Ocean System ranks better than 83.14% 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. Ocean System's
Operating Income
for the
six
months ended in Mar. 2026 was 円781 Mil. Ocean System's Interest Expense for the
six
months ended in Mar. 2026 was 円-12 Mil.
Ocean System's interest coverage for the quarter that ended in Mar. 2026 was 62.91.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ocean System's Interest Coverage or its related term are showing as below:
TSE:3096'
s Interest Coverage Range Over the Past 10 Years
Min: 43.82 Med: 63.15 Max: 82.55
Current: 74.09
TSE:3096's Interest Coverage is ranked better than 83.14% of 255
companies
in the Retail - Defensive industry
Industry Median: 8.79
vs TSE:3096: 74.09
Ocean System (TSE:3096) 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 .
Ocean System Interest Coverage Related Terms
Ocean System Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ocean System'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.
For the Grocery Stores subindustry, Ocean System'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.
Ocean System Interest Coverage vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ocean System's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ocean System's Interest Coverage falls into.
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:
* 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.
Ocean System (TSE:3096) has a Interest Coverage of 62.91 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ocean System and its competitors. This is near median its historical median of 63.15. Over the past decade, Ocean System's Interest Coverage has ranged from 43.82 to 82.55. According to the industry distribution chart, Ocean System ranks #43 out of 255 companies in the Retail - Defensive industry, placing it in the top 16.9%.
Is Ocean System's Interest Coverage too high?
Ocean System's current Interest Coverage of 62.91 is near median its 10-year median of 63.15. Over the past 10 years, this metric has ranged from a low of 43.82 to a high of 82.55. The Retail - Defensive industry median Interest Coverage is 8.79. Ocean System's value of 62.91 is 615.7% above this industry median. Based on the distribution chart, Ocean System ranks #43 out of 255 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Ocean System has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean System's Interest Coverage compare to KR?
According to the Retail - Defensive industry distribution chart, Ocean System ranks #43 out of 255 companies for Interest Coverage. This places Ocean System in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.79. Ocean System's value of 62.91 is 615.7% above this benchmark. Historically, Ocean System's own Interest Coverage has ranged from 43.82 to 82.55 over the past decade. While the company's 10-year median is 63.15 vs. the industry median of 8.79, Ocean System 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 - 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. Ocean System's current Interest Coverage of 62.91 is 615.7% 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 Ocean System 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. Ocean System's current Interest Coverage is 62.91, which is near median its own 10-year median of 63.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean System stock overvalued right now?
Based on GuruFocus' analysis, Ocean System (TSE:3096) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,288.87, compared to a current price of 円1,595.00 — trading 23.8% above its estimated fair value. The current Interest Coverage is 62.91, which is near median its 10-year median of 63.15 and 615.7% above the Retail - Defensive industry median of 8.79. Ocean System's overall GF Score™ is 81/100 with 2 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 Ocean System (TSE:3096), the current Interest Coverage is 62.91 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 Ocean System (TSE:3096) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean System stock appears to be overvalued.
The current stock price of 円1,595.00 is trading 23.8% above its estimated GF Value™ of 円1,288.87.
GuruFocus considers Ocean System to be Modestly Overvalued.
Key valuation signals for TSE:3096:
Interest Coverage: 62.91 (near median its 10-year median of 63.15)
GF Value™: 円1,288.87 vs. price of 円1,595.00 (23.8% above fair value)
Industry Position: 615.7% above the Retail - Defensive median (#43 of 255)
No single metric tells the full story. See the TSE:3096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean System Corp is a Japan-based company engages in the supermarket, lunch service, foodstuff delivery, and contract management of dining hall and food service businesses. The company's segment includes Supermarket Business, Gyomu Supermarket Business, Lunch box meal business, Food delivery business, and Hotels and other businesses. The company generates key revenue from the Gyomu Supermarket Business.
81GF Score
Get the complete analysis for TSE:3096
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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