MakuakeTSE:4479 +1.49%74 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 401.43. GuruFocus rates TSE:4479 with a GF Score™ of 74/100 and a GF Value™ of 円993.74 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 481 Asset Management companies, Makuake ranks better than 99.79% 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. Makuake's
Operating Income
for the
three
months ended in Mar. 2026 was 円234 Mil. Makuake's Interest Expense for the
three
months ended in Mar. 2026 was 円0 Mil.
Makuake has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Makuake Inc has no debt.
(1) 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.
The historical rank and industry rank for Makuake's Interest Coverage or its related term are showing as below:
TSE:4479'
s Interest Coverage Range Over the Past 10 Years
Min: 34.46 Med: 401.43 Max: No Debt
Current: No Debt
TSE:4479's Interest Coverage is ranked better than 99.79% of 481
companies
in the Asset Management industry
Industry Median: 44.74
vs TSE:4479: No Debt
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 .
Makuake Interest Coverage Related Terms
Makuake Interest Coverage Historical Data
* Premium members only.
The historical data trend for Makuake'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.
TSE:4479 vs BLK, BX, KKR: Interest Coverage Comparison
For the Asset Management subindustry, Makuake'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.
Makuake Interest Coverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Makuake's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Makuake's Interest Coverage falls into.
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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Makuake (TSE:4479) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Makuake and its competitors. This is 100% below median its historical median of 401.43. Over the past decade, Makuake's Interest Coverage has ranged from 34.46 to 10,000.00. According to the industry distribution chart, Makuake ranks #1 out of 481 companies in the Asset Management industry, placing it in the top 0.2%.
Is Makuake's Interest Coverage too high?
Makuake's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 401.43. Over the past 10 years, this metric has ranged from a low of 34.46 to a high of 10,000.00. Based on the distribution chart, Makuake ranks #1 out of 481 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Makuake has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makuake's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Makuake ranks #1 out of 481 companies for Interest Coverage. This places Makuake in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 44.74. Historically, Makuake's own Interest Coverage has ranged from 34.46 to 10,000.00 over the past decade. 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 44.74, based on 481 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. 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 Makuake and its competitors. For the Asset Management industry, the median Interest Coverage is 44.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makuake's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 401.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makuake stock overvalued right now?
Based on GuruFocus' analysis, Makuake (TSE:4479) is currently considered Modestly Undervalued. The stock's GF Value™ is 円993.74, compared to a current price of 円888.00 — trading 10.6% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 401.43. Makuake's overall GF Score™ is 74/100 with 1 warning sign 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 Makuake (TSE:4479), the current Interest Coverage is No Debt (1) 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 Makuake (TSE:4479) Overvalued in 2026?
Based on GuruFocus' analysis, Makuake stock appears to be undervalued.
The current stock price of 円888.00 is trading 10.6% below its estimated GF Value™ of 円993.74.
GuruFocus considers Makuake to be Modestly Undervalued.
Key valuation signals for TSE:4479:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 401.43)
GF Value™: 円993.74 vs. price of 円888.00 (10.6% below fair value)
No single metric tells the full story. See the TSE:4479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makuake Inc is engaged in providing support services to the crowdfunding platform Makuake. Its services include Makuake, Makuake Government, Makuake Incubation Studio, Makuake SHOP, and Makuake Store.
74GF Score
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