Sugai Chemical Industry Co (TSE:4120) Interest Coverage: 31.83 (As of Mar. 2026) — 29% Below Median

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TSE:4120 Sugai Chemical Industry Co Ltd TSE:4120
71 GF Score
Price 円3,060.00
GF Value 円2,112.38
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Sugai Chemical Industry Co Interest Coverage?

Sugai Chemical Industry Co TSE:4120 -1.13% 71 Interest Coverage is 31.83 as of Mar. 2026, which is 29% below its 10-year median of 44.52. GuruFocus rates TSE:4120 with a GF Score™ of 71/100 and a GF Value™ of 円2,112.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,233 Chemicals companies, Sugai Chemical Industry Co ranks better than 70.4% 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. Sugai Chemical Industry Co's Operating Income for the six months ended in Mar. 2026 was 円273 Mil. Sugai Chemical Industry Co's Interest Expense for the six months ended in Mar. 2026 was 円-9 Mil. Sugai Chemical Industry Co's interest coverage for the quarter that ended in Mar. 2026 was 31.83. The higher the ratio, the stronger the company's financial strength is.

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

TSE:4120' s Interest Coverage Range Over the Past 10 Years
Min: 7.61   Med: 44.52   Max: 57.59
Current: 33.06


TSE:4120's Interest Coverage is ranked better than
70.4% of 1233 companies
in the Chemicals industry
Industry Median: 10.21 vs TSE:4120: 33.06

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


Sugai Chemical Industry Co  (TSE:4120) 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 .


Sugai Chemical Industry Co Interest Coverage Related Terms


Sugai Chemical Industry Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sugai Chemical Industry 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.

Sugai Chemical Industry Co Interest Coverage Chart

Sugai Chemical Industry Co 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 44.52 57.59 57.54 48.92 33.06

Sugai Chemical Industry Co 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 53.50 24.11 68.55 34.76 31.83

TSE:4120 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Sugai Chemical Industry 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.


Sugai Chemical Industry Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sugai Chemical Industry Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sugai Chemical Industry Co's Interest Coverage falls into.


TSE:4120
71GF Score
Sugai Chemical Industry Co Ltd TSE:4120
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sugai Chemical Industry 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.

Sugai Chemical Industry Co'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, Sugai Chemical Industry Co's Interest Expense was 円-15 Mil. Its Operating Income was 円489 Mil. And its Long-Term Debt & Capital Lease Obligation was 円745 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*489.246/-14.799
=33.06

Sugai Chemical Industry Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Sugai Chemical Industry Co's Interest Expense was 円-9 Mil. Its Operating Income was 円273 Mil. And its Long-Term Debt & Capital Lease Obligation was 円745 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*272.965/-8.576
=31.83

* 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 31.83 mean?
Sugai Chemical Industry Co (TSE:4120) has a Interest Coverage of 31.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sugai Chemical Industry Co and its competitors. This is 29% below median its historical median of 44.52. Over the past decade, Sugai Chemical Industry Co's Interest Coverage has ranged from 7.61 to 57.59. According to the industry distribution chart, Sugai Chemical Industry Co ranks #365 out of 1233 companies in the Chemicals industry, placing it in the top 29.6%.
Is Sugai Chemical Industry Co's Interest Coverage too high?
Sugai Chemical Industry Co's current Interest Coverage of 31.83 is 29% below median its 10-year median of 44.52. Over the past 10 years, this metric has ranged from a low of 7.61 to a high of 57.59. The Chemicals industry median Interest Coverage is 10.21. Sugai Chemical Industry Co's value of 31.83 is 211.8% above this industry median. Based on the distribution chart, Sugai Chemical Industry Co ranks #365 out of 1233 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sugai Chemical Industry Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sugai Chemical Industry Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sugai Chemical Industry Co ranks #365 out of 1233 companies for Interest Coverage. This puts Sugai Chemical Industry Co in the upper half of its industry. The industry median Interest Coverage is 10.21. Sugai Chemical Industry Co's value of 31.83 is 211.8% above this benchmark. Historically, Sugai Chemical Industry Co's own Interest Coverage has ranged from 7.61 to 57.59 over the past decade. While the company's 10-year median is 44.52 vs. the industry median of 10.21, Sugai Chemical Industry Co 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 10.21, 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. Sugai Chemical Industry Co's current Interest Coverage of 31.83 is 211.8% 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 Sugai Chemical Industry Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugai Chemical Industry Co's current Interest Coverage is 31.83, which is 29% below median its own 10-year median of 44.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugai Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Sugai Chemical Industry Co (TSE:4120) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,112.38, compared to a current price of 円3,060.00 — trading 44.9% above its estimated fair value. The current Interest Coverage is 31.83, which is 29% below median its 10-year median of 44.52 and 211.8% above the Chemicals industry median of 10.21. Sugai Chemical Industry Co's overall GF Score™ is 71/100 with 8 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 Sugai Chemical Industry Co (TSE:4120), the current Interest Coverage is 31.83 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 Sugai Chemical Industry Co (TSE:4120) Overvalued in 2026?

Based on GuruFocus' analysis, Sugai Chemical Industry Co stock appears to be overvalued. The current stock price of 円3,060.00 is trading 44.9% above its estimated GF Value™ of 円2,112.38. GuruFocus considers Sugai Chemical Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:4120:

  • Interest Coverage: 31.83 (29% below median its 10-year median of 44.52)
  • GF Value™: 円2,112.38 vs. price of 円3,060.00 (44.9% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 211.8% above the Chemicals median (#365 of 1233)

No single metric tells the full story. See the TSE:4120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sugai Chemical Industry Co Business Description

Address 4-4-6 Uzu, Wakayama, JPN
Sugai Chemical Industry Co Ltd is a Japan-based chemical company. It manufactures and sells pharmaceutical intermediary products, agrochemical intermediary products, functional intermediary products, and surface-acting agents.
71GF Score

Get the complete analysis for TSE:4120

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

円3,060.00
Price
円2,112.38
GF Value