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Billing SystemTSE:3623 -0.87%69 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 177.74. GuruFocus rates TSE:3623 with a GF Score™ of 69/100 and a GF Value™ of 円1,338.16 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,713 Software companies, Billing System ranks better than 68.01% 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. Billing System's
Operating Income
for the
three
months ended in Dec. 2025 was 円0 Mil. Billing System's Interest Expense for the
three
months ended in Dec. 2025 was 円0 Mil.
Billing System has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Billing System Corp has enough cash to cover all of its debt. Its financial situation is stable.
(1) 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.
The historical rank and industry rank for Billing System's Interest Coverage or its related term are showing as below:
TSE:3623'
s Interest Coverage Range Over the Past 10 Years
Min: 65.35 Med: 177.74 Max: 1433.31
Current: 99.33
TSE:3623's Interest Coverage is ranked better than 68.01% of 1713
companies
in the Software industry
Industry Median: 24.62
vs TSE:3623: 99.33
Billing System (TSE:3623) 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 .
Billing System Interest Coverage Related Terms
Billing System Interest Coverage Historical Data
* Premium members only.
The historical data trend for Billing 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.
TSE:3623 vs MSFT, ORCL, PLTR: Interest Coverage Comparison
For the Software - Infrastructure subindustry, Billing 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.
Billing System Interest Coverage vs Software Industry
For the Software industry and Technology sector, Billing System's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Billing 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Billing System (TSE:3623) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Billing System and its competitors. This is 99% below median its historical median of 177.74. Over the past decade, Billing System's Interest Coverage has ranged from 65.35 to 1,433.31. According to the industry distribution chart, Billing System ranks #548 out of 1713 companies in the Software industry, placing it in the top 32%.
Is Billing System's Interest Coverage too high?
Billing System's current Interest Coverage of No Debt (1) is 99% below median its 10-year median of 177.74. Over the past 10 years, this metric has ranged from a low of 65.35 to a high of 1,433.31. Based on the distribution chart, Billing System ranks #548 out of 1713 companies in the Software industry, which is above the industry midpoint. Overall, Billing System has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's Interest Coverage compare to MSFT and ORCL?
According to the Software industry distribution chart, Billing System ranks #548 out of 1713 companies for Interest Coverage. This puts Billing System in the upper half of its industry. The industry median Interest Coverage is 24.62. Historically, Billing System's own Interest Coverage has ranged from 65.35 to 1,433.31 over the past decade. 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 Software company?
The median Interest Coverage among Software companies is 24.62, based on 1,713 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. 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 Billing System and its competitors. For the Software industry, the median Interest Coverage is 24.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billing System's current Interest Coverage is No Debt (1), which is 99% below median its own 10-year median of 177.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,338.16, compared to a current price of 円1,024.00 — trading 23.5% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 99% below median its 10-year median of 177.74. Billing System's overall GF Score™ is 69/100 with 3 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 Billing System (TSE:3623), the current Interest Coverage is No Debt (1) as of Dec. 2025. 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 Billing System (TSE:3623) Overvalued in 2026?
Based on GuruFocus' analysis, Billing System stock appears to be undervalued.
The current stock price of 円1,024.00 is trading 23.5% below its estimated GF Value™ of 円1,338.16.
GuruFocus considers Billing System to be Modestly Undervalued.
Key valuation signals for TSE:3623:
Interest Coverage: No Debt (1) (99% below median its 10-year median of 177.74)
GF Value™: 円1,338.16 vs. price of 円1,024.00 (23.5% below fair value)
No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
69GF Score
Get the complete analysis for TSE:3623
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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