LaSalle LOGIPORT REIT (TSE:3466) Interest Coverage: 9.83 (As of Feb. 2026) — 28% Below Median

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TSE:3466 LaSalle LOGIPORT REIT TSE:3466
71 GF Score
Price 円148,600.00
GF Value 円160,169.81
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is LaSalle LOGIPORT REIT Interest Coverage?

LaSalle LOGIPORT REIT TSE:3466 -0.54% 71 Interest Coverage is 9.83 as of Feb. 2026, which is 28% below its 10-year median of 13.59. GuruFocus rates TSE:3466 with a GF Score™ of 71/100 and a GF Value™ of 円160,169.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 695 REITs companies, LaSalle LOGIPORT REIT ranks better than 78.71% 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. LaSalle LOGIPORT REIT's Operating Income for the six months ended in Feb. 2026 was 円6,914 Mil. LaSalle LOGIPORT REIT's Interest Expense for the six months ended in Feb. 2026 was 円-704 Mil. LaSalle LOGIPORT REIT's interest coverage for the quarter that ended in Feb. 2026 was 9.83. The higher the ratio, the stronger the company's financial strength is.

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

TSE:3466' s Interest Coverage Range Over the Past 10 Years
Min: 10.32   Med: 13.59   Max: 15.13
Current: 10.32


TSE:3466's Interest Coverage is ranked better than
78.71% of 695 companies
in the REITs industry
Industry Median: 3.12 vs TSE:3466: 10.32

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


LaSalle LOGIPORT REIT  (TSE:3466) 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 .


LaSalle LOGIPORT REIT Interest Coverage Related Terms


LaSalle LOGIPORT REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for LaSalle LOGIPORT REIT'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.

LaSalle LOGIPORT REIT Interest Coverage Chart

LaSalle LOGIPORT REIT Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 13.87 13.01 12.51 13.64 11.48

LaSalle LOGIPORT REIT Semi-Annual Data
Mar16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 14.73 12.65 12.24 10.83 9.83

TSE:3466 vs PLD, PSA, EXR: Interest Coverage Comparison

For the REIT - Industrial subindustry, LaSalle LOGIPORT REIT'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.


LaSalle LOGIPORT REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, LaSalle LOGIPORT REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where LaSalle LOGIPORT REIT's Interest Coverage falls into.


TSE:3466
71GF Score
LaSalle LOGIPORT REIT TSE:3466
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LaSalle LOGIPORT REIT 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.

LaSalle LOGIPORT REIT's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, LaSalle LOGIPORT REIT's Interest Expense was 円-1,263 Mil. Its Operating Income was 円14,490 Mil. And its Long-Term Debt & Capital Lease Obligation was 円153,440 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*14490.486/-1262.759
=11.48

LaSalle LOGIPORT REIT's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the six months ended in Feb. 2026, LaSalle LOGIPORT REIT's Interest Expense was 円-704 Mil. Its Operating Income was 円6,914 Mil. And its Long-Term Debt & Capital Lease Obligation was 円158,220 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*6914.456/-703.648
=9.83

* 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 9.83 mean?
LaSalle LOGIPORT REIT (TSE:3466) has a Interest Coverage of 9.83 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on LaSalle LOGIPORT REIT and its competitors. This is 28% below median its historical median of 13.59. Over the past decade, LaSalle LOGIPORT REIT's Interest Coverage has ranged from 10.32 to 15.13. According to the industry distribution chart, LaSalle LOGIPORT REIT ranks #148 out of 695 companies in the REITs industry, placing it in the top 21.3%.
Is LaSalle LOGIPORT REIT's Interest Coverage too high?
LaSalle LOGIPORT REIT's current Interest Coverage of 9.83 is 28% below median its 10-year median of 13.59. Over the past 10 years, this metric has ranged from a low of 10.32 to a high of 15.13. The REITs industry median Interest Coverage is 3.12. LaSalle LOGIPORT REIT's value of 9.83 is 215.1% above this industry median. Based on the distribution chart, LaSalle LOGIPORT REIT ranks #148 out of 695 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, LaSalle LOGIPORT REIT has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LaSalle LOGIPORT REIT's Interest Coverage compare to PLD and PSA?
According to the REITs industry distribution chart, LaSalle LOGIPORT REIT ranks #148 out of 695 companies for Interest Coverage. This places LaSalle LOGIPORT REIT in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.12. LaSalle LOGIPORT REIT's value of 9.83 is 215.1% above this benchmark. Historically, LaSalle LOGIPORT REIT's own Interest Coverage has ranged from 10.32 to 15.13 over the past decade. While the company's 10-year median is 13.59 vs. the industry median of 3.12, LaSalle LOGIPORT REIT 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 695 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. LaSalle LOGIPORT REIT's current Interest Coverage of 9.83 is 215.1% 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 LaSalle LOGIPORT REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LaSalle LOGIPORT REIT's current Interest Coverage is 9.83, which is 28% below median its own 10-year median of 13.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LaSalle LOGIPORT REIT stock overvalued right now?
Based on GuruFocus' analysis, LaSalle LOGIPORT REIT (TSE:3466) is currently considered Fairly Valued. The stock's GF Value™ is 円160,169.81, compared to a current price of 円148,600.00 — trading 7.2% below its estimated fair value. The current Interest Coverage is 9.83, which is 28% below median its 10-year median of 13.59 and 215.1% above the REITs industry median of 3.12. LaSalle LOGIPORT REIT's overall GF Score™ is 71/100 with 5 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 LaSalle LOGIPORT REIT (TSE:3466), the current Interest Coverage is 9.83 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 LaSalle LOGIPORT REIT (TSE:3466) Overvalued in 2026?

Based on GuruFocus' analysis, LaSalle LOGIPORT REIT stock appears to be undervalued. The current stock price of 円148,600.00 is trading 7.2% below its estimated GF Value™ of 円160,169.81. GuruFocus considers LaSalle LOGIPORT REIT to be Fairly Valued.

Key valuation signals for TSE:3466:

  • Interest Coverage: 9.83 (28% below median its 10-year median of 13.59)
  • GF Value™: 円160,169.81 vs. price of 円148,600.00 (7.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 215.1% above the REITs median (#148 of 695)

No single metric tells the full story. See the TSE:3466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LaSalle LOGIPORT REIT Business Description

Industry Real EstateREITs
Address Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.
71GF Score

Get the complete analysis for TSE:3466

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

円148,600.00
Price
円160,169.81
GF Value