MIT Holdings Co (TSE:4016) Interest Coverage: 21.42 (As of May. 2026) — 12% Above Median

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TSE:4016 MIT Holdings Co Ltd TSE:4016
79 GF Score
Price 円944.00
GF Value 円775.52
Valuation Modestly Overvalued
! 2 Warning Signs
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What is MIT Holdings Co Interest Coverage?

MIT Holdings Co TSE:4016 +0.43% 79 Interest Coverage is 21.42 as of May. 2026, which is 12% above its 10-year median of 19.15. GuruFocus rates TSE:4016 with a GF Score™ of 79/100 and a GF Value™ of 円775.52 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,721 Software companies, MIT Holdings Co ranks worse than 57% 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. MIT Holdings Co's Operating Income for the three months ended in May. 2026 was 円49 Mil. MIT Holdings Co's Interest Expense for the three months ended in May. 2026 was 円-2 Mil. MIT Holdings Co's interest coverage for the quarter that ended in May. 2026 was 21.42. The higher the ratio, the stronger the company's financial strength is.

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

TSE:4016' s Interest Coverage Range Over the Past 10 Years
Min: 11.57   Med: 19.15   Max: 31.51
Current: 17.29


TSE:4016's Interest Coverage is ranked worse than
57% of 1721 companies
in the Software industry
Industry Median: 26.06 vs TSE:4016: 17.29

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


MIT Holdings Co  (TSE:4016) 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 .


MIT Holdings Co Interest Coverage Related Terms


MIT Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for MIT Holdings Co'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.

MIT Holdings Co Interest Coverage Chart

MIT Holdings Co Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial 14.76 23.07 11.57 20.18 18.11

MIT Holdings Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 15.05 30.18 0.00 29.08 21.42

TSE:4016 vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, MIT Holdings Co'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.


MIT Holdings Co Interest Coverage vs Software Industry

For the Software industry and Technology sector, MIT Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MIT Holdings Co's Interest Coverage falls into.


TSE:4016
79GF Score
MIT Holdings Co Ltd TSE:4016
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIT Holdings Co 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.

MIT Holdings Co's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, MIT Holdings Co's Interest Expense was 円-9 Mil. Its Operating Income was 円169 Mil. And its Long-Term Debt & Capital Lease Obligation was 円398 Mil.

Interest Coverage=-1* Operating Income (A: Nov. 2025 )/Interest Expense (A: Nov. 2025 )
=-1*169.243/-9.347
=18.11

MIT Holdings Co's Interest Coverage for the quarter that ended in May. 2026 is calculated as

Here, for the three months ended in May. 2026, MIT Holdings Co's Interest Expense was 円-2 Mil. Its Operating Income was 円49 Mil. And its Long-Term Debt & Capital Lease Obligation was 円262 Mil.

Interest Coverage=-1* Operating Income (Q: May. 2026 )/Interest Expense (Q: May. 2026 )
=-1*49.425/-2.307
=21.42

* 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 21.42 mean?
MIT Holdings Co (TSE:4016) has a Interest Coverage of 21.42 as of May. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MIT Holdings Co and its competitors. This is 12% above median its historical median of 19.15. Over the past decade, MIT Holdings Co's Interest Coverage has ranged from 11.57 to 31.51. According to the industry distribution chart, MIT Holdings Co ranks #981 out of 1721 companies in the Software industry, placing it in the top 57%.
Is MIT Holdings Co's Interest Coverage too high?
MIT Holdings Co's current Interest Coverage of 21.42 is 12% above median its 10-year median of 19.15. Over the past 10 years, this metric has ranged from a low of 11.57 to a high of 31.51. The Software industry median Interest Coverage is 26.06. MIT Holdings Co's value of 21.42 is 17.8% below this industry median. Based on the distribution chart, MIT Holdings Co ranks #981 out of 1721 companies in the Software industry, which is below the industry midpoint. Overall, MIT Holdings Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIT Holdings Co's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, MIT Holdings Co ranks #981 out of 1721 companies for Interest Coverage. This places MIT Holdings Co in the lower half of its industry. The industry median Interest Coverage is 26.06. MIT Holdings Co's value of 21.42 is 17.8% below this benchmark. Historically, MIT Holdings Co's own Interest Coverage has ranged from 11.57 to 31.51 over the past decade. While the company's 10-year median is 19.15 vs. the industry median of 26.06, MIT Holdings Co has consistently been below 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 Software company?
The median Interest Coverage among Software companies is 26.06, based on 1,721 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. MIT Holdings Co's current Interest Coverage of 21.42 is 17.8% below 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 MIT Holdings Co and its competitors. For the Software industry, the median Interest Coverage is 26.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIT Holdings Co's current Interest Coverage is 21.42, which is 12% above median its own 10-year median of 19.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIT Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, MIT Holdings Co (TSE:4016) is currently considered Modestly Overvalued. The stock's GF Value™ is 円775.52, compared to a current price of 円944.00 — trading 21.7% above its estimated fair value. The current Interest Coverage is 21.42, which is 12% above median its 10-year median of 19.15 and 17.8% below the Software industry median of 26.06. MIT Holdings Co's overall GF Score™ is 79/100 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 MIT Holdings Co (TSE:4016), the current Interest Coverage is 21.42 as of May. 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 MIT Holdings Co (TSE:4016) Overvalued in 2026?

Based on GuruFocus' analysis, MIT Holdings Co stock appears to be overvalued. The current stock price of 円944.00 is trading 21.7% above its estimated GF Value™ of 円775.52. GuruFocus considers MIT Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:4016:

  • Interest Coverage: 21.42 (12% above median its 10-year median of 19.15)
  • GF Value™: 円775.52 vs. price of 円944.00 (21.7% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 17.8% below the Software median (#981 of 1721)

No single metric tells the full story. See the TSE:4016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIT Holdings Co Business Description

Address 2-6-1 Nakase, Chiba Mihama-ku, World Business Garden Marive West 24th Floor, Chiba, JPN, 261-7124
MIT Holdings Co Ltd is engaged in developing an information service business based on IT technology. The company's services include system integration services such as development, operation, and maintenance, infrastructure construction, and solution services such as digital books, CAD, and face recognition.
79GF Score

Get the complete analysis for TSE:4016

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

円944.00
Price
円775.52
GF Value