Commerce One Holdings (TSE:4496) Interest Coverage: 1,946.30 (As of Mar. 2026) — 128% Above Median


TSE:4496 Commerce One Holdings Inc TSE:4496
85 GF Score
Price 円820.00
GF Value 円869.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Commerce One Holdings Interest Coverage?

Commerce One Holdings TSE:4496 +2.63% 85 Interest Coverage is 1,946.30 as of Mar. 2026, which is 128% above its 10-year median of 853.60. GuruFocus rates TSE:4496 with a GF Score™ of 85/100 and a GF Value™ of 円869.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,704 Software companies, Commerce One Holdings ranks better than 83.22% 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. Commerce One Holdings's Operating Income for the six months ended in Mar. 2026 was 円175 Mil. Commerce One Holdings's Interest Expense for the six months ended in Mar. 2026 was 円-0 Mil. Commerce One Holdings's interest coverage for the quarter that ended in Mar. 2026 was 1,946.30. 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. Commerce One Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:4496' s Interest Coverage Range Over the Past 10 Years
Min: 274.27   Med: 853.6   Max: No Debt
Current: 853.6


TSE:4496's Interest Coverage is ranked better than
83.22% of 1704 companies
in the Software industry
Industry Median: 24.625 vs TSE:4496: 853.60

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


Commerce One Holdings  (TSE:4496) 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 .


Commerce One Holdings Interest Coverage Related Terms


Commerce One Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Commerce One Holdings'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.

Commerce One Holdings Interest Coverage Chart

Commerce One Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt No Debt 3,425.54 3,432.32 853.60

Commerce One Holdings Semi-Annual Data
Mar18 Mar19 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 3,961.53 3,411.29 3,453.82 577.35 1,946.30

TSE:4496 vs MSFT, ORCL, PLTR: Interest Coverage Comparison

For the Software - Infrastructure subindustry, Commerce One Holdings'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.


Commerce One Holdings Interest Coverage vs Software Industry

For the Software industry and Technology sector, Commerce One Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Commerce One Holdings's Interest Coverage falls into.


TSE:4496
85GF Score
Commerce One Holdings Inc TSE:4496
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commerce One Holdings 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.

Commerce One Holdings'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, Commerce One Holdings's Interest Expense was 円-0 Mil. Its Operating Income was 円381 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*380.705/-0.446
=853.60

Commerce One Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Commerce One Holdings's Interest Expense was 円-0 Mil. Its Operating Income was 円175 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*175.167/-0.09
=1,946.30

* 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 1,946.30 mean?
Commerce One Holdings (TSE:4496) has a Interest Coverage of 1,946.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Commerce One Holdings and its competitors. This is 128% above median its historical median of 853.60. Over the past decade, Commerce One Holdings' Interest Coverage has ranged from 274.27 to 10,000.00. According to the industry distribution chart, Commerce One Holdings ranks #286 out of 1704 companies in the Software industry, placing it in the top 16.8%.
Is Commerce One Holdings' Interest Coverage too high?
Commerce One Holdings' current Interest Coverage of 1,946.30 is 128% above median its 10-year median of 853.60. Over the past 10 years, this metric has ranged from a low of 274.27 to a high of 10,000.00. The Software industry median Interest Coverage is 24.63. Commerce One Holdings' value of 1,946.30 is 7803.8% above this industry median. Based on the distribution chart, Commerce One Holdings ranks #286 out of 1704 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Commerce One Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce One Holdings' Interest Coverage compare to MSFT and ORCL?
According to the Software industry distribution chart, Commerce One Holdings ranks #286 out of 1704 companies for Interest Coverage. This places Commerce One Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.63. Commerce One Holdings' value of 1,946.30 is 7803.8% above this benchmark. Historically, Commerce One Holdings' own Interest Coverage has ranged from 274.27 to 10,000.00 over the past decade. While the company's 10-year median is 853.60 vs. the industry median of 24.63, Commerce One Holdings 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 24.63, based on 1,704 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. Commerce One Holdings's current Interest Coverage of 1,946.30 is 7803.8% 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 Commerce One Holdings and its competitors. For the Software industry, the median Interest Coverage is 24.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerce One Holdings's current Interest Coverage is 1,946.30, which is 128% above median its own 10-year median of 853.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce One Holdings stock overvalued right now?
Based on GuruFocus' analysis, Commerce One Holdings (TSE:4496) is currently considered Fairly Valued. The stock's GF Value™ is 円869.81, compared to a current price of 円820.00 — trading 5.7% below its estimated fair value. The current Interest Coverage is 1,946.30, which is 128% above median its 10-year median of 853.60 and 7803.8% above the Software industry median of 24.63. Commerce One Holdings' overall GF Score™ is 85/100 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 Commerce One Holdings (TSE:4496), the current Interest Coverage is 1,946.30 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 Commerce One Holdings (TSE:4496) Overvalued in 2026?

Based on GuruFocus' analysis, Commerce One Holdings stock appears to be undervalued. The current stock price of 円820.00 is trading 5.7% below its estimated GF Value™ of 円869.81. GuruFocus considers Commerce One Holdings to be Fairly Valued.

Key valuation signals for TSE:4496:

  • Interest Coverage: 1,946.30 (128% above median its 10-year median of 853.60)
  • GF Value™: 円869.81 vs. price of 円820.00 (5.7% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 7803.8% above the Software median (#286 of 1704)

No single metric tells the full story. See the TSE:4496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Commerce One Holdings Business Description

Address Tokyu Bancho Building, 6th Floor, Yonbancho, Chiyoda-ku, Tokyo, JPN, 102-0081
Commerce One Holdings Inc is a business infrastructure provider for e-commerce business operators. The company provides services that support e-commerce site management in the form of SaaS, for small and medium-sized e-commerce site operators in Japan.
85GF Score

Get the complete analysis for TSE:4496

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

円820.00
Price
円869.81
GF Value