Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Base CoTSE:4481 -0.79%89 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 1,334.79. GuruFocus rates TSE:4481 with a GF Score™ of 89/100 and a GF Value™ of 円3,755.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,713 Software companies, Base Co ranks better than 99.77% 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. Base Co's
Operating Income
for the
three
months ended in Dec. 2025 was 円0 Mil. Base Co's Interest Expense for the
three
months ended in Dec. 2025 was 円0 Mil.
Base Co has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Base Co Ltd 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 Base Co's Interest Coverage or its related term are showing as below:
TSE:4481'
s Interest Coverage Range Over the Past 10 Years
Min: 43.34 Med: 1334.79 Max: 1742250
Current: 71395.32
TSE:4481's Interest Coverage is ranked better than 99.77% of 1713
companies
in the Software industry
Industry Median: 24.62
vs TSE:4481: 71395.32
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 .
Base Co Interest Coverage Related Terms
Base Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Base 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.
TSE:4481 vs UBER, SHOP, CRM: Interest Coverage Comparison
For the Software - Application subindustry, Base 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.
Base Co Interest Coverage vs Software Industry
For the Software industry and Technology sector, Base Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Base Co'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?
Base Co (TSE:4481) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Base Co and its competitors. This is 100% below median its historical median of 1,334.79. Over the past decade, Base Co's Interest Coverage has ranged from 43.34 to 1,742,250.00. According to the industry distribution chart, Base Co ranks #4 out of 1713 companies in the Software industry, placing it in the top 0.2%.
Is Base Co's Interest Coverage too high?
Base Co's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 1,334.79. Over the past 10 years, this metric has ranged from a low of 43.34 to a high of 1,742,250.00. Based on the distribution chart, Base Co ranks #4 out of 1713 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Base Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Co's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Base Co ranks #4 out of 1713 companies for Interest Coverage. This places Base Co in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.62. Historically, Base Co's own Interest Coverage has ranged from 43.34 to 1,742,250.00 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 a Software company?
The median Interest Coverage among Software companies is 24.62, based on 1,713 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 Base Co and its competitors. For the Software industry, the median Interest Coverage is 24.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Co's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 1,334.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Co stock overvalued right now?
Based on GuruFocus' analysis, Base Co (TSE:4481) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,755.44, compared to a current price of 円3,135.00 — trading 16.5% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 1,334.79. Base Co's overall GF Score™ is 89/100 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 Base Co (TSE:4481), the current Interest Coverage is No Debt (1) as of Dec. 2025. 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 Base Co (TSE:4481) Overvalued in 2026?
Based on GuruFocus' analysis, Base Co stock appears to be undervalued.
The current stock price of 円3,135.00 is trading 16.5% below its estimated GF Value™ of 円3,755.44.
GuruFocus considers Base Co to be Modestly Undervalued.
Key valuation signals for TSE:4481:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 1,334.79)
GF Value™: 円3,755.44 vs. price of 円3,135.00 (16.5% below fair value)
No single metric tells the full story. See the TSE:4481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Base Co Ltd is engaged in providing computer software development and related activities. The company's activities include System development, System operation and maintenance, SAP implementation and maintenance support, e-KYC / Online identity verification service, BPO support using ICT, among others.
89GF Score
Get the complete analysis for TSE:4481
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4481 has been successfully added to your 
