Base Co (TSE:4481) Interest Coverage: 21,373.22 (As of Jun. 2026) — 1501% Above Median

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TSE:4481 Base Co Ltd TSE:4481
95 GF Score
Price 円3,390.00
GF Value 円3,606.82
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Base Co Interest Coverage?

Base Co TSE:4481 +1.65% 95 Interest Coverage is 21,373.22 as of Jun. 2026, which is 1501% above its 10-year median of 1,334.79. GuruFocus rates TSE:4481 with a GF Score™ of 95/100 and a GF Value™ of 円3,606.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,728 Software companies, Base Co ranks better than 99.48% 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 Jun. 2026 was 円1,282 Mil. Base Co's Interest Expense for the three months ended in Jun. 2026 was 円-0 Mil. Base Co's interest coverage for the quarter that ended in Jun. 2026 was 21,373.22. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Base Co Ltd has no debt.

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: 30828.39


TSE:4481's Interest Coverage is ranked better than
99.48% of 1728 companies
in the Software industry
Industry Median: 25.535 vs TSE:4481: 30828.39

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


Base Co  (TSE:4481) 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 .


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.

Base Co Interest Coverage Chart

Base Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1,334.79 4,151.25 17,676.91 1,742,250.00 63,887.17

Base Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 45,016.23 No Debt 14,816.51 47,925.30 21,373.22

TSE:4481 vs QH, SHOP, UBER: 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.


TSE:4481
95GF Score
Base Co Ltd TSE:4481
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Base 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.

Base Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Base Co's Interest Expense was 円-0 Mil. Its Operating Income was 円5,750 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5749.845/-0.089999999999996
=63,887.17

Base Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Base Co's Interest Expense was 円-0 Mil. Its Operating Income was 円1,282 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1282.393/-0.06
=21,373.22

* 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 21,373.22 mean?
Base Co (TSE:4481) has a Interest Coverage of 21,373.22 as of Jun. 2026. 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 1501% above 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 #9 out of 1728 companies in the Software industry, placing it in the top 0.5%.
Is Base Co's Interest Coverage too high?
Base Co's current Interest Coverage of 21,373.22 is 1501% above 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. The Software industry median Interest Coverage is 25.54. Base Co's value of 21,373.22 is 83601.7% above this industry median. Based on the distribution chart, Base Co ranks #9 out of 1728 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 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Base Co's Interest Coverage compare to QH and SHOP?
According to the Software industry distribution chart, Base Co ranks #9 out of 1728 companies for Interest Coverage. This places Base Co in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 25.54. Base Co's value of 21,373.22 is 83601.7% above this benchmark. Historically, Base Co's own Interest Coverage has ranged from 43.34 to 1,742,250.00 over the past decade. While the company's 10-year median is 1,334.79 vs. the industry median of 25.54, Base 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 Software company?
The median Interest Coverage among Software companies is 25.54, based on 1,728 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. Base Co's current Interest Coverage of 21,373.22 is 83601.7% 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 Base Co and its competitors. For the Software industry, the median Interest Coverage is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Co's current Interest Coverage is 21,373.22, which is 1501% above 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 Fairly Valued. The stock's GF Value™ is 円3,606.82, compared to a current price of 円3,390.00 — trading 6% below its estimated fair value. The current Interest Coverage is 21,373.22, which is 1501% above median its 10-year median of 1,334.79 and 83601.7% above the Software industry median of 25.54. Base Co's overall GF Score™ is 95/100 with 3 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 Base Co (TSE:4481), the current Interest Coverage is 21,373.22 as of Jun. 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 Base Co (TSE:4481) Overvalued in 2026?

Based on GuruFocus' analysis, Base Co stock appears to be undervalued. The current stock price of 円3,390.00 is trading 6% below its estimated GF Value™ of 円3,606.82. GuruFocus considers Base Co to be Fairly Valued.

Key valuation signals for TSE:4481:

  • Interest Coverage: 21,373.22 (1501% above median its 10-year median of 1,334.79)
  • GF Value™: 円3,606.82 vs. price of 円3,390.00 (6% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 83601.7% above the Software median (#9 of 1728)

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 Business Description

Address 4-14-1 Sotokanda, Akihabara UDX 8th Floor, Chiyoda-ku, Tokyo, JPN, 101-0021
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.
95GF 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.

円3,390.00
Price
円3,606.82
GF Value