Koei Chemical Co (TSE:4367) Interest Coverage: 11.61 (As of Mar. 2026) — 84% Below Median


TSE:4367 Koei Chemical Co Ltd TSE:4367
55 GF Score
Price 円2,480.00
GF Value 円2,031.96
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Koei Chemical Co Interest Coverage?

Koei Chemical Co TSE:4367 -2.17% 55 Interest Coverage is 11.61 as of Mar. 2026, which is 84% below its 10-year median of 73.53. GuruFocus rates TSE:4367 with a GF Score™ of 55/100 and a GF Value™ of 円2,031.96 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,234 Chemicals companies, Koei Chemical Co ranks worse than 76.5% 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. Koei Chemical Co's Operating Income for the six months ended in Mar. 2026 was 円676 Mil. Koei Chemical Co's Interest Expense for the six months ended in Mar. 2026 was 円-58 Mil. Koei Chemical Co's interest coverage for the quarter that ended in Mar. 2026 was 11.61. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Koei Chemical Co Ltd interest coverage is 3.24, which is low.

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

TSE:4367' s Interest Coverage Range Over the Past 10 Years
Min: 3.24   Med: 73.53   Max: 369.95
Current: 3.24


TSE:4367's Interest Coverage is ranked worse than
76.5% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs TSE:4367: 3.24

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


Koei Chemical Co  (TSE:4367) 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 .


Koei Chemical Co Interest Coverage Related Terms


Koei Chemical Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Koei Chemical 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.

Koei Chemical Co Interest Coverage Chart

Koei Chemical 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 20.69 22.18 7.72 6.39 3.24

Koei Chemical 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 4.60 15.61 0.00 0.00 11.61

TSE:4367 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Koei Chemical 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.


Koei Chemical Co Interest Coverage vs Chemicals Industry

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

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


TSE:4367
55GF Score
Koei Chemical Co Ltd TSE:4367
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koei Chemical 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.

Koei Chemical 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, Koei Chemical Co's Interest Expense was 円-114 Mil. Its Operating Income was 円369 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,833 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*369/-114
=3.24

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

Here, for the six months ended in Mar. 2026, Koei Chemical Co's Interest Expense was 円-58 Mil. Its Operating Income was 円676 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,833 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*676.38/-58.275
=11.61

* 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 11.61 mean?
Koei Chemical Co (TSE:4367) has a Interest Coverage of 11.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Koei Chemical Co and its competitors. This is 84% below median its historical median of 73.53. Over the past decade, Koei Chemical Co's Interest Coverage has ranged from 3.24 to 369.95. According to the industry distribution chart, Koei Chemical Co ranks #944 out of 1234 companies in the Chemicals industry, placing it in the top 76.5%.
Is Koei Chemical Co's Interest Coverage too high?
Koei Chemical Co's current Interest Coverage of 11.61 is 84% below median its 10-year median of 73.53. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 369.95. The Chemicals industry median Interest Coverage is 10.18. Koei Chemical Co's value of 11.61 is 14% above this industry median. Based on the distribution chart, Koei Chemical Co ranks #944 out of 1234 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Koei Chemical Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koei Chemical Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koei Chemical Co ranks #944 out of 1234 companies for Interest Coverage. This places Koei Chemical Co in the lower half of its industry. The industry median Interest Coverage is 10.18. Koei Chemical Co's value of 11.61 is 14% above this benchmark. Historically, Koei Chemical Co's own Interest Coverage has ranged from 3.24 to 369.95 over the past decade. While the company's 10-year median is 73.53 vs. the industry median of 10.18, Koei Chemical 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 10.18, based on 1,234 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. Koei Chemical Co's current Interest Coverage of 11.61 is 14% 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 Koei Chemical Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Chemical Co's current Interest Coverage is 11.61, which is 84% below median its own 10-year median of 73.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Chemical Co (TSE:4367) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,031.96, compared to a current price of 円2,480.00 — trading 22% above its estimated fair value. The current Interest Coverage is 11.61, which is 84% below median its 10-year median of 73.53 and 14% above the Chemicals industry median of 10.18. Koei Chemical Co's overall GF Score™ is 55/100 with 7 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 Koei Chemical Co (TSE:4367), the current Interest Coverage is 11.61 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 Koei Chemical Co (TSE:4367) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Chemical Co stock appears to be overvalued. The current stock price of 円2,480.00 is trading 22% above its estimated GF Value™ of 円2,031.96. GuruFocus considers Koei Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4367:

  • Interest Coverage: 11.61 (84% below median its 10-year median of 73.53)
  • GF Value™: 円2,031.96 vs. price of 円2,480.00 (22% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 14% above the Chemicals median (#944 of 1234)

No single metric tells the full story. See the TSE:4367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koei Chemical Co Business Description

Address 25 Kitasode, Chiba Prefecture, Sodegaura, JPN, 299-0266
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines. The company generates sales from locations such as Japan, Asia, Europe, North America.
55GF Score

Get the complete analysis for TSE:4367

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

円2,480.00
Price
円2,031.96
GF Value