Northsand (TSE:446A) Interest Coverage: 611.33 (As of Jan. 2026) — 76% Above Median

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TSE:446A Northsand Inc TSE:446A
18 GF Score
Price 円1,598.00
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What is Northsand Interest Coverage?

Northsand TSE:446A +10.66% 18 Interest Coverage is 611.33 as of Jan. 2026, which is 76% above its 10-year median of 347.00. GuruFocus rates TSE:446A with a GF Score™ of 18/100. Among 813 Business Services companies, Northsand ranks better than 91.39% 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. Northsand's Operating Income for the three months ended in Jan. 2026 was 円1,834 Mil. Northsand's Interest Expense for the three months ended in Jan. 2026 was 円-3 Mil. Northsand's interest coverage for the quarter that ended in Jan. 2026 was 611.33. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Northsand Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:446A' s Interest Coverage Range Over the Past 10 Years
Min: 219.8   Med: 347   Max: 732.14
Current: 732.14


TSE:446A's Interest Coverage is ranked better than
91.39% of 813 companies
in the Business Services industry
Industry Median: 13.21 vs TSE:446A: 732.14

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


Northsand  (TSE:446A) 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 .


Northsand Interest Coverage Related Terms


Northsand Interest Coverage Historical Data

* Premium members only.

The historical data trend for Northsand'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.

Northsand Interest Coverage Chart

Northsand Annual Data
Trend Jan24 Jan25 Jan26
Interest Coverage
219.80 347.00 504.45

Northsand Quarterly Data
Jan24 Jan25 Jul25 Oct25 Jan26 Apr26
Interest Coverage Get a 7-Day Free Trial N/A N/A 741.00 611.33 904.50

TSE:446A vs VRSK, EFX, BAH: Interest Coverage Comparison

For the Consulting Services subindustry, Northsand'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.


Northsand Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Northsand's Interest Coverage distribution charts can be found below:

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


TSE:446A
18GF Score
Northsand Inc TSE:446A
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northsand 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.

Northsand's Interest Coverage for the fiscal year that ended in Jan. 2026 is calculated as

Here, for the fiscal year that ended in Jan. 2026, Northsand's Interest Expense was 円-11 Mil. Its Operating Income was 円5,549 Mil. And its Long-Term Debt & Capital Lease Obligation was 円450 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2026 )/Interest Expense (A: Jan. 2026 )
=-1*5549/-11
=504.45

Northsand's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the three months ended in Jan. 2026, Northsand's Interest Expense was 円-3 Mil. Its Operating Income was 円1,834 Mil. And its Long-Term Debt & Capital Lease Obligation was 円450 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2026 )/Interest Expense (Q: Jan. 2026 )
=-1*1834/-3
=611.33

* 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 611.33 mean?
Northsand (TSE:446A) has a Interest Coverage of 611.33 as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Northsand and its competitors. This is 76% above median its historical median of 347.00. Over the past decade, Northsand's Interest Coverage has ranged from 219.80 to 732.14. According to the industry distribution chart, Northsand ranks #70 out of 813 companies in the Business Services industry, placing it in the top 8.6%.
Is Northsand's Interest Coverage too high?
Northsand's current Interest Coverage of 611.33 is 76% above median its 10-year median of 347.00. Over the past 10 years, this metric has ranged from a low of 219.80 to a high of 732.14. The Business Services industry median Interest Coverage is 13.21. Northsand's value of 611.33 is 4527.8% above this industry median. Based on the distribution chart, Northsand ranks #70 out of 813 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Northsand has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Northsand's Interest Coverage compare to VRSK and EFX?
According to the Business Services industry distribution chart, Northsand ranks #70 out of 813 companies for Interest Coverage. This places Northsand in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.21. Northsand's value of 611.33 is 4527.8% above this benchmark. Historically, Northsand's own Interest Coverage has ranged from 219.80 to 732.14 over the past decade. While the company's 10-year median is 347.00 vs. the industry median of 13.21, Northsand 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 Business Services company?
The median Interest Coverage among Business Services companies is 13.21, based on 813 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. Northsand's current Interest Coverage of 611.33 is 4527.8% 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 Northsand and its competitors. For the Business Services industry, the median Interest Coverage is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northsand's current Interest Coverage is 611.33, which is 76% above median its own 10-year median of 347.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northsand stock overvalued right now?
Northsand (TSE:446A) has a current Interest Coverage of 611.33. The current Interest Coverage is 611.33, which is 76% above median its 10-year median of 347.00 and 4527.8% above the Business Services industry median of 13.21. Northsand's overall GF Score™ is 18/100. 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 Northsand (TSE:446A), the current Interest Coverage is 611.33 as of Jan. 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.

Northsand Business Description

Address 4-12-15, Ginza, 7 th Floor, Kabukiza Tower, Chuo-ku, Tokyo, JPN, 104-0061
Northsand Inc is engaged in Comprehensive consulting business.
18GF Score

Get the complete analysis for TSE:446A

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

円1,598.00
Price