Keyware Solutions (TSE:3799) Interest Coverage: No Debt (1) (As of Mar. 2026) — 99% Below Median


TSE:3799 Keyware Solutions Inc TSE:3799
70 GF Score
Price 円1,046.00
GF Value 円847.76
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Keyware Solutions Interest Coverage?

Keyware Solutions TSE:3799 +0.58% 70 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 87.68. GuruFocus rates TSE:3799 with a GF Score™ of 70/100 and a GF Value™ of 円847.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,704 Software companies, Keyware Solutions ranks better than 98.94% 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. Keyware Solutions's Operating Income for the six months ended in Mar. 2026 was 円830 Mil. Keyware Solutions's Interest Expense for the six months ended in Mar. 2026 was 円0 Mil. Keyware Solutions has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Keyware Solutions Inc has no debt.

(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 Keyware Solutions's Interest Coverage or its related term are showing as below:

TSE:3799' s Interest Coverage Range Over the Past 10 Years
Min: 5.66   Med: 87.68   Max: No Debt
Current: No Debt


TSE:3799's Interest Coverage is ranked better than
98.94% of 1704 companies
in the Software industry
Industry Median: 24.695 vs TSE:3799: No Debt

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


Keyware Solutions  (TSE:3799) 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 .


Keyware Solutions Interest Coverage Related Terms


Keyware Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for Keyware Solutions'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.

Keyware Solutions Interest Coverage Chart

Keyware Solutions 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 57.16 277.75 757.97 781.20 No Debt

Keyware Solutions 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 1,601.19 No Debt 741.02 No Debt No Debt

TSE:3799 vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, Keyware Solutions'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.


Keyware Solutions Interest Coverage vs Software Industry

For the Software industry and Technology sector, Keyware Solutions's Interest Coverage distribution charts can be found below:

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


TSE:3799
70GF Score
Keyware Solutions Inc TSE:3799
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Keyware Solutions 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.

Keyware Solutions'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, Keyware Solutions's Interest Expense was 円0 Mil. Its Operating Income was 円1,131 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Keyware Solutions had no debt (1).

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

Here, for the six months ended in Mar. 2026, Keyware Solutions's Interest Expense was 円0 Mil. Its Operating Income was 円830 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Keyware Solutions had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Keyware Solutions (TSE:3799) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Keyware Solutions and its competitors. This is 99% below median its historical median of 87.68. Over the past decade, Keyware Solutions' Interest Coverage has ranged from 5.66 to 10,000.00. According to the industry distribution chart, Keyware Solutions ranks #18 out of 1704 companies in the Software industry, placing it in the top 1.1%.
Is Keyware Solutions' Interest Coverage too high?
Keyware Solutions' current Interest Coverage of No Debt (1) is 99% below median its 10-year median of 87.68. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 10,000.00. Based on the distribution chart, Keyware Solutions ranks #18 out of 1704 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Keyware Solutions has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyware Solutions' Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, Keyware Solutions ranks #18 out of 1704 companies for Interest Coverage. This places Keyware Solutions in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.70. Historically, Keyware Solutions' own Interest Coverage has ranged from 5.66 to 10,000.00 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 24.70, based on 1,704 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 Keyware Solutions and its competitors. For the Software industry, the median Interest Coverage is 24.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyware Solutions's current Interest Coverage is No Debt (1), which is 99% below median its own 10-year median of 87.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyware Solutions stock overvalued right now?
Based on GuruFocus' analysis, Keyware Solutions (TSE:3799) is currently considered Modestly Overvalued. The stock's GF Value™ is 円847.76, compared to a current price of 円1,046.00 — trading 23.4% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 99% below median its 10-year median of 87.68. Keyware Solutions' overall GF Score™ is 70/100 with 1 warning sign 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 Keyware Solutions (TSE:3799), the current Interest Coverage is No Debt (1) 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 Keyware Solutions (TSE:3799) Overvalued in 2026?

Based on GuruFocus' analysis, Keyware Solutions stock appears to be overvalued. The current stock price of 円1,046.00 is trading 23.4% above its estimated GF Value™ of 円847.76. GuruFocus considers Keyware Solutions to be Modestly Overvalued.

Key valuation signals for TSE:3799:

  • Interest Coverage: No Debt (1) (99% below median its 10-year median of 87.68)
  • GF Value™: 円847.76 vs. price of 円1,046.00 (23.4% above fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the TSE:3799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyware Solutions Business Description

Address Kamikitazawa 5-37-18, Setagaya-ku, Tokyo, JPN, 156-8588
Keyware Solutions Inc is a Japan-based Information Technology (IT) service management company. It operates in two divisions including system development business and Integrated IT service business. System development business is mainly engaged in the construction and development of applications and systems related to social infrastructure. Integrated IT service division offers packaged software, hardware and support services. The company mainly caters to financial, distribution, manufacturing, communication, transportation, reporting, medical, government agency, and service industries.
70GF Score

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

円1,046.00
Price
円847.76
GF Value