Nulab (TSE:5033) Interest Coverage: 859.83 (As of Mar. 2026) — 49% Below Median


TSE:5033 Nulab Inc TSE:5033
86 GF Score
Price 円928.00
GF Value 円1,075.18
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Nulab Interest Coverage?

Nulab TSE:5033 -0.64% 86 Interest Coverage is 859.83 as of Mar. 2026, which is 49% below its 10-year median of 1,688.53. GuruFocus rates TSE:5033 with a GF Score™ of 86/100 and a GF Value™ of 円1,075.18 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,705 Software companies, Nulab ranks better than 85.16% 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. Nulab's Operating Income for the six months ended in Mar. 2026 was 円125 Mil. Nulab's Interest Expense for the six months ended in Mar. 2026 was 円-0 Mil. Nulab's interest coverage for the quarter that ended in Mar. 2026 was 859.83. 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. Nulab Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:5033' s Interest Coverage Range Over the Past 10 Years
Min: 152.56   Med: 1688.53   Max: 11435.05
Current: 1688.53


TSE:5033's Interest Coverage is ranked better than
85.16% of 1705 companies
in the Software industry
Industry Median: 24.78 vs TSE:5033: 1688.53

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


Nulab  (TSE:5033) 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 .


Nulab Interest Coverage Related Terms


Nulab Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nulab'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.

Nulab Interest Coverage Chart

Nulab Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 152.56 293.19 2,516.10 11,435.05 1,688.53

Nulab Semi-Annual Data
Mar20 Mar21 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 1,861.98 11,712.94 11,064.54 3,537.18 859.83

TSE:5033 vs UBER, SHOP, CRM: Interest Coverage Comparison

For the Software - Application subindustry, Nulab'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.


Nulab Interest Coverage vs Software Industry

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

* The bar in red indicates where Nulab's Interest Coverage falls into.


TSE:5033
86GF Score
Nulab Inc TSE:5033
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nulab 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.

Nulab'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, Nulab's Interest Expense was 円-0 Mil. Its Operating Income was 円355 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*354.592/-0.21
=1,688.53

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

Here, for the six months ended in Mar. 2026, Nulab's Interest Expense was 円-0 Mil. Its Operating Income was 円125 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*124.675/-0.145
=859.83

* 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 859.83 mean?
Nulab (TSE:5033) has a Interest Coverage of 859.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nulab and its competitors. This is 49% below median its historical median of 1,688.53. Over the past decade, Nulab's Interest Coverage has ranged from 152.56 to 11,435.05. According to the industry distribution chart, Nulab ranks #253 out of 1705 companies in the Software industry, placing it in the top 14.8%.
Is Nulab's Interest Coverage too high?
Nulab's current Interest Coverage of 859.83 is 49% below median its 10-year median of 1,688.53. Over the past 10 years, this metric has ranged from a low of 152.56 to a high of 11,435.05. The Software industry median Interest Coverage is 24.78. Nulab's value of 859.83 is 3369.9% above this industry median. Based on the distribution chart, Nulab ranks #253 out of 1705 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nulab has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nulab's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Nulab ranks #253 out of 1705 companies for Interest Coverage. This places Nulab in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.78. Nulab's value of 859.83 is 3369.9% above this benchmark. Historically, Nulab's own Interest Coverage has ranged from 152.56 to 11,435.05 over the past decade. While the company's 10-year median is 1,688.53 vs. the industry median of 24.78, Nulab 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 24.78, based on 1,705 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. Nulab's current Interest Coverage of 859.83 is 3369.9% 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 Nulab and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nulab's current Interest Coverage is 859.83, which is 49% below median its own 10-year median of 1,688.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nulab stock overvalued right now?
Based on GuruFocus' analysis, Nulab (TSE:5033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,075.18, compared to a current price of 円928.00 — trading 13.7% below its estimated fair value. The current Interest Coverage is 859.83, which is 49% below median its 10-year median of 1,688.53 and 3369.9% above the Software industry median of 24.78. Nulab's overall GF Score™ is 86/100 with 6 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 Nulab (TSE:5033), the current Interest Coverage is 859.83 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 Nulab (TSE:5033) Overvalued in 2026?

Based on GuruFocus' analysis, Nulab stock appears to be undervalued. The current stock price of 円928.00 is trading 13.7% below its estimated GF Value™ of 円1,075.18. GuruFocus considers Nulab to be Modestly Undervalued.

Key valuation signals for TSE:5033:

  • Interest Coverage: 859.83 (49% below median its 10-year median of 1,688.53)
  • GF Value™: 円1,075.18 vs. price of 円928.00 (13.7% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 3369.9% above the Software median (#253 of 1705)

No single metric tells the full story. See the TSE:5033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nulab Business Description

Address 1-8-6 Daimyo, Chuo Ward, Fukuoka Prefecture, Fukuoka, JPN, 810-0041
Nulab Inc is engaged in developing and providing services that promote team collaboration. Its services are Backlog which is a Project management tool; Cacoo is a Visual collaboration tool; Typetalk is a Business chat tool; and Nulab Pass is a tool to strengthen information security and governance in organizations.
86GF Score

Get the complete analysis for TSE:5033

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

円928.00
Price
円1,075.18
GF Value