TOKYO PRINTING INK MFG Co (TSE:4635) Interest Coverage: 36.19 (As of Mar. 2026) — 10% Above Median

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TSE:4635 TOKYO PRINTING INK MFG Co Ltd TSE:4635
66 GF Score
Price 円1,370.00
GF Value 円791.53
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is TOKYO PRINTING INK MFG Co Interest Coverage?

TOKYO PRINTING INK MFG Co TSE:4635 +0.22% 66 Interest Coverage is 36.19 as of Mar. 2026, which is 10% above its 10-year median of 32.97. GuruFocus rates TSE:4635 with a GF Score™ of 66/100 and a GF Value™ of 円791.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,232 Chemicals companies, TOKYO PRINTING INK MFG Co ranks better than 73.05% 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. TOKYO PRINTING INK MFG Co's Operating Income for the six months ended in Mar. 2026 was 円1,122 Mil. TOKYO PRINTING INK MFG Co's Interest Expense for the six months ended in Mar. 2026 was 円-31 Mil. TOKYO PRINTING INK MFG Co's interest coverage for the quarter that ended in Mar. 2026 was 36.19. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Interest Coverage or its related term are showing as below:

TSE:4635' s Interest Coverage Range Over the Past 10 Years
Min: 7.49   Med: 32.97   Max: 44.48
Current: 38.98


TSE:4635's Interest Coverage is ranked better than
73.05% of 1232 companies
in the Chemicals industry
Industry Median: 10.13 vs TSE:4635: 38.98

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


TOKYO PRINTING INK MFG Co  (TSE:4635) 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 .


TOKYO PRINTING INK MFG Co Interest Coverage Related Terms


TOKYO PRINTING INK MFG Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co Interest Coverage Chart

TOKYO PRINTING INK MFG Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.58 0.00 26.69 33.64 38.98

TOKYO PRINTING INK MFG Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.53 15.94 47.32 42.31 36.19

TSE:4635 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.


TOKYO PRINTING INK MFG Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Interest Coverage falls into.


TSE:4635
66GF Score
TOKYO PRINTING INK MFG Co Ltd TSE:4635
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co'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, TOKYO PRINTING INK MFG Co's Interest Expense was 円-57 Mil. Its Operating Income was 円2,222 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,299 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2222/-57
=38.98

TOKYO PRINTING INK MFG Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, TOKYO PRINTING INK MFG Co's Interest Expense was 円-31 Mil. Its Operating Income was 円1,122 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,299 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1122/-31
=36.19

* 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 36.19 mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a Interest Coverage of 36.19 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TOKYO PRINTING INK MFG Co and its competitors. This is 10% above median its historical median of 32.97. Over the past decade, TOKYO PRINTING INK MFG Co's Interest Coverage has ranged from 7.49 to 44.48. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #332 out of 1232 companies in the Chemicals industry, placing it in the top 26.9%.
Is TOKYO PRINTING INK MFG Co's Interest Coverage too high?
TOKYO PRINTING INK MFG Co's current Interest Coverage of 36.19 is 10% above median its 10-year median of 32.97. Over the past 10 years, this metric has ranged from a low of 7.49 to a high of 44.48. The Chemicals industry median Interest Coverage is 10.13. TOKYO PRINTING INK MFG Co's value of 36.19 is 257.3% above this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #332 out of 1232 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #332 out of 1232 companies for Interest Coverage. This puts TOKYO PRINTING INK MFG Co in the upper half of its industry. The industry median Interest Coverage is 10.13. TOKYO PRINTING INK MFG Co's value of 36.19 is 257.3% above this benchmark. Historically, TOKYO PRINTING INK MFG Co's own Interest Coverage has ranged from 7.49 to 44.48 over the past decade. While the company's 10-year median is 32.97 vs. the industry median of 10.13, TOKYO PRINTING INK MFG 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,232 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. TOKYO PRINTING INK MFG Co's current Interest Coverage of 36.19 is 257.3% 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 TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current Interest Coverage is 36.19, which is 10% above median its own 10-year median of 32.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円791.53, compared to a current price of 円1,370.00 — trading 73.1% above its estimated fair value. The current Interest Coverage is 36.19, which is 10% above median its 10-year median of 32.97 and 257.3% above the Chemicals industry median of 10.13. TOKYO PRINTING INK MFG Co's overall GF Score™ is 66/100 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current Interest Coverage is 36.19 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 73.1% above its estimated GF Value™ of 円791.53. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

  • Interest Coverage: 36.19 (10% above median its 10-year median of 32.97)
  • GF Value™: 円791.53 vs. price of 円1,370.00 (73.1% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 257.3% above the Chemicals median (#332 of 1232)

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO PRINTING INK MFG Co Business Description

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
66GF Score

Get the complete analysis for TSE:4635

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

円1,370.00
Price
円791.53
GF Value