Lassic Co (TSE:574A) Interest Coverage: 21.95 (As of Apr. 2026) — 97% Below Median

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TSE:574A Lassic Co Ltd TSE:574A
19 GF Score
Price 円887.00
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What is Lassic Co Interest Coverage?

Lassic Co TSE:574A 19 Interest Coverage is 21.95 as of Apr. 2026, which is 97% below its 10-year median of 859.32. GuruFocus rates TSE:574A with a GF Score™ of 19/100. Among 812 Business Services companies, Lassic Co ranks better than 74.88% 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. Lassic Co's Operating Income for the six months ended in Apr. 2026 was 円34 Mil. Lassic Co's Interest Expense for the six months ended in Apr. 2026 was 円-2 Mil. Lassic Co's interest coverage for the quarter that ended in Apr. 2026 was 21.95. 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. Lassic Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:574A' s Interest Coverage Range Over the Past 10 Years
Min: 70.99   Med: 859.32   Max: 1005.29
Current: 70.99


TSE:574A's Interest Coverage is ranked better than
74.88% of 812 companies
in the Business Services industry
Industry Median: 13.07 vs TSE:574A: 70.99

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


Lassic Co  (TSE:574A) 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 .


Lassic Co Interest Coverage Related Terms


Lassic Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lassic 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.

Lassic Co Interest Coverage Chart

Lassic Co Annual Data
Trend Apr24 Apr25 Apr26
Interest Coverage
1,005.29 859.32 70.99

Lassic Co Semi-Annual Data
Apr24 Apr25 Oct25 Apr26
Interest Coverage N/A N/A 137.75 21.95

TSE:574A vs KFY, RHI, TNET: Interest Coverage Comparison

For the Staffing & Employment Services subindustry, Lassic 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.


Lassic Co Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Lassic Co's Interest Coverage distribution charts can be found below:

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


TSE:574A
19GF Score
Lassic Co Ltd TSE:574A
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Lassic 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.

Lassic Co's Interest Coverage for the fiscal year that ended in Apr. 2026 is calculated as

Here, for the fiscal year that ended in Apr. 2026, Lassic Co's Interest Expense was 円-3 Mil. Its Operating Income was 円192 Mil. And its Long-Term Debt & Capital Lease Obligation was 円163 Mil.

Interest Coverage=-1* Operating Income (A: Apr. 2026 )/Interest Expense (A: Apr. 2026 )
=-1*191.593/-2.699
=70.99

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

Here, for the six months ended in Apr. 2026, Lassic Co's Interest Expense was 円-2 Mil. Its Operating Income was 円34 Mil. And its Long-Term Debt & Capital Lease Obligation was 円163 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*34.149/-1.556
=21.95

* 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 21.95 mean?
Lassic Co (TSE:574A) has a Interest Coverage of 21.95 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lassic Co and its competitors. This is 97% below median its historical median of 859.32. Over the past decade, Lassic Co's Interest Coverage has ranged from 70.99 to 1,005.29. According to the industry distribution chart, Lassic Co ranks #204 out of 812 companies in the Business Services industry, placing it in the top 25.1%.
Is Lassic Co's Interest Coverage too high?
Lassic Co's current Interest Coverage of 21.95 is 97% below median its 10-year median of 859.32. Over the past 10 years, this metric has ranged from a low of 70.99 to a high of 1,005.29. The Business Services industry median Interest Coverage is 13.07. Lassic Co's value of 21.95 is 67.9% above this industry median. Based on the distribution chart, Lassic Co ranks #204 out of 812 companies in the Business Services industry, which is above the industry midpoint. Overall, Lassic Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Lassic Co's Interest Coverage compare to KFY and RHI?
According to the Business Services industry distribution chart, Lassic Co ranks #204 out of 812 companies for Interest Coverage. This puts Lassic Co in the upper half of its industry. The industry median Interest Coverage is 13.07. Lassic Co's value of 21.95 is 67.9% above this benchmark. Historically, Lassic Co's own Interest Coverage has ranged from 70.99 to 1,005.29 over the past decade. While the company's 10-year median is 859.32 vs. the industry median of 13.07, Lassic 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 Business Services company?
The median Interest Coverage among Business Services companies is 13.07, based on 812 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. Lassic Co's current Interest Coverage of 21.95 is 67.9% 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 Lassic Co and its competitors. For the Business Services industry, the median Interest Coverage is 13.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lassic Co's current Interest Coverage is 21.95, which is 97% below median its own 10-year median of 859.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lassic Co stock overvalued right now?
Lassic Co (TSE:574A) has a current Interest Coverage of 21.95. The current Interest Coverage is 21.95, which is 97% below median its 10-year median of 859.32 and 67.9% above the Business Services industry median of 13.07. Lassic Co's overall GF Score™ is 19/100. 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 Lassic Co (TSE:574A), the current Interest Coverage is 21.95 as of Apr. 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.

Lassic Co Business Description

Address 3-201-3 Minamiyoshikata, Tottori Prefecture, Tottori, JPN, 680-0843
Lassic Co Ltd provides recruitment services and system development support using IT professional freelancers. The company's business platforms include: i) Remogu: Human resources service specializing in remote work. It develops borderless matching services that transcend boundaries such as work styles, places of work (overseas and regions), age, and occupation. ii) IT Solutions: In the field of system operation and maintenance, which is troubled by business continuity due to a shortage of human resources, Prime (primary contracting) system integration services that use borderless, DX, and capabilities as weapons.
19GF Score

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

円887.00
Price