Ishiharangyo Kaisha (TSE:4028) Interest Coverage: 33.28 (As of Mar. 2026) — 124% Above Median

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TSE:4028 Ishihara Sangyo Kaisha Ltd TSE:4028
70 GF Score
Price 円2,984.00
GF Value 円1,814.18
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ishiharangyo Kaisha Interest Coverage?

Ishiharangyo Kaisha TSE:4028 +7.30% 70 Interest Coverage is 33.28 as of Mar. 2026, which is 124% above its 10-year median of 14.84. GuruFocus rates TSE:4028 with a GF Score™ of 70/100 and a GF Value™ of 円1,814.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,233 Chemicals companies, Ishiharangyo Kaisha ranks better than 65.45% 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. Ishiharangyo Kaisha's Operating Income for the three months ended in Mar. 2026 was 円7,988 Mil. Ishiharangyo Kaisha's Interest Expense for the three months ended in Mar. 2026 was 円-240 Mil. Ishiharangyo Kaisha's interest coverage for the quarter that ended in Mar. 2026 was 33.28. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ishiharangyo Kaisha's Interest Coverage or its related term are showing as below:

TSE:4028' s Interest Coverage Range Over the Past 10 Years
Min: 7.48   Med: 14.84   Max: 22.93
Current: 22.93


TSE:4028's Interest Coverage is ranked better than
65.45% of 1233 companies
in the Chemicals industry
Industry Median: 10.26 vs TSE:4028: 22.93

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


Ishiharangyo Kaisha  (TSE:4028) 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 .


Ishiharangyo Kaisha Interest Coverage Related Terms


Ishiharangyo Kaisha Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ishiharangyo Kaisha'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.

Ishiharangyo Kaisha Interest Coverage Chart

Ishiharangyo Kaisha 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 21.44 17.95 18.39 13.81 22.93

Ishiharangyo Kaisha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 30.50 23.35 12.03 19.67 33.28

TSE:4028 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Ishiharangyo Kaisha'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.


Ishiharangyo Kaisha Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ishiharangyo Kaisha's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ishiharangyo Kaisha's Interest Coverage falls into.


TSE:4028
70GF Score
Ishihara Sangyo Kaisha Ltd TSE:4028
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishiharangyo Kaisha 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.

Ishiharangyo Kaisha'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, Ishiharangyo Kaisha's Interest Expense was 円-832 Mil. Its Operating Income was 円19,078 Mil. And its Long-Term Debt & Capital Lease Obligation was 円47,374 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*19078/-832
=22.93

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

Here, for the three months ended in Mar. 2026, Ishiharangyo Kaisha's Interest Expense was 円-240 Mil. Its Operating Income was 円7,988 Mil. And its Long-Term Debt & Capital Lease Obligation was 円47,374 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7988/-240
=33.28

* 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 33.28 mean?
Ishiharangyo Kaisha (TSE:4028) has a Interest Coverage of 33.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ishiharangyo Kaisha and its competitors. This is 124% above median its historical median of 14.84. Over the past decade, Ishiharangyo Kaisha's Interest Coverage has ranged from 7.48 to 22.93. According to the industry distribution chart, Ishiharangyo Kaisha ranks #426 out of 1233 companies in the Chemicals industry, placing it in the top 34.5%.
Is Ishiharangyo Kaisha's Interest Coverage too high?
Ishiharangyo Kaisha's current Interest Coverage of 33.28 is 124% above median its 10-year median of 14.84. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 22.93. The Chemicals industry median Interest Coverage is 10.26. Ishiharangyo Kaisha's value of 33.28 is 224.4% above this industry median. Based on the distribution chart, Ishiharangyo Kaisha ranks #426 out of 1233 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ishiharangyo Kaisha has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishiharangyo Kaisha's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ishiharangyo Kaisha ranks #426 out of 1233 companies for Interest Coverage. This puts Ishiharangyo Kaisha in the upper half of its industry. The industry median Interest Coverage is 10.26. Ishiharangyo Kaisha's value of 33.28 is 224.4% above this benchmark. Historically, Ishiharangyo Kaisha's own Interest Coverage has ranged from 7.48 to 22.93 over the past decade. While the company's 10-year median is 14.84 vs. the industry median of 10.26, Ishiharangyo Kaisha 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,233 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. Ishiharangyo Kaisha's current Interest Coverage of 33.28 is 224.4% 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 Ishiharangyo Kaisha and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishiharangyo Kaisha's current Interest Coverage is 33.28, which is 124% above median its own 10-year median of 14.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishiharangyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Ishiharangyo Kaisha (TSE:4028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,814.18, compared to a current price of 円2,984.00 — trading 64.5% above its estimated fair value. The current Interest Coverage is 33.28, which is 124% above median its 10-year median of 14.84 and 224.4% above the Chemicals industry median of 10.26. Ishiharangyo Kaisha's overall GF Score™ is 70/100 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 Ishiharangyo Kaisha (TSE:4028), the current Interest Coverage is 33.28 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 Ishiharangyo Kaisha (TSE:4028) Overvalued in 2026?

Based on GuruFocus' analysis, Ishiharangyo Kaisha stock appears to be overvalued. The current stock price of 円2,984.00 is trading 64.5% above its estimated GF Value™ of 円1,814.18. GuruFocus considers Ishiharangyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:4028:

  • Interest Coverage: 33.28 (124% above median its 10-year median of 14.84)
  • GF Value™: 円1,814.18 vs. price of 円2,984.00 (64.5% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 224.4% above the Chemicals median (#426 of 1233)

No single metric tells the full story. See the TSE:4028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishiharangyo Kaisha Business Description

Address 3-15 Edobori 1-chome, Nishi-ku, Osaka, JPN, 550-0002
Ishihara Sangyo Kaisha Ltd is mainly engaged in the manufacturing and marketing of agricultural chemicals in Japan. The company's core business activities are categorized into three key segments - Inorganic Chemicals, Organic Chemicals, and Other Businesses. Its product line consists of titanium dioxide products, environmental products such as gypsum and iron oxide stably, pharmaceuticals, battery materials and organic intermediates. Its primary geographic markets are Japan, Asia, America, Europe, and other.
70GF Score

Get the complete analysis for TSE:4028

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

円2,984.00
Price
円1,814.18
GF Value