Japan Eyewear Holdings Co (TSE:5889) Interest Coverage: 17.34 (As of Jan. 2026) — 92% Above Median


TSE:5889 Japan Eyewear Holdings Co Ltd TSE:5889
16 GF Score
Price 円2,328.00
! 2 Warning Signs
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What is Japan Eyewear Holdings Co Interest Coverage?

Japan Eyewear Holdings Co TSE:5889 +3.97% 16 Interest Coverage is 17.34 as of Jan. 2026, which is 92% above its 10-year median of 9.05. GuruFocus rates TSE:5889 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Japan Eyewear Holdings Co ranks better than 51.72% 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. Japan Eyewear Holdings Co's Operating Income for the six months ended in Jan. 2026 was 円3,070 Mil. Japan Eyewear Holdings Co's Interest Expense for the six months ended in Jan. 2026 was 円-177 Mil. Japan Eyewear Holdings Co's interest coverage for the quarter that ended in Jan. 2026 was 17.34. The higher the ratio, the stronger the company's financial strength is.

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

TSE:5889' s Interest Coverage Range Over the Past 10 Years
Min: 1.84   Med: 9.05   Max: 17.62
Current: 17.62


TSE:5889's Interest Coverage is ranked better than
51.72% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 15.875 vs TSE:5889: 17.62

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


Japan Eyewear Holdings Co  (TSE:5889) 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 .


Japan Eyewear Holdings Co Interest Coverage Related Terms


Japan Eyewear Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Japan Eyewear Holdings 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.

Japan Eyewear Holdings Co Interest Coverage Chart

Japan Eyewear Holdings Co Annual Data
Trend Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Interest Coverage
Get a 7-Day Free Trial 1.84 2.42 9.05 12.66 17.62

Japan Eyewear Holdings Co Semi-Annual Data
Jan21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.72 10.05 17.50 17.93 17.34

TSE:5889 vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, Japan Eyewear Holdings 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.


Japan Eyewear Holdings Co Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Japan Eyewear Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Japan Eyewear Holdings Co's Interest Coverage falls into.


TSE:5889
16GF Score
Japan Eyewear Holdings Co Ltd TSE:5889
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Eyewear Holdings 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.

Japan Eyewear Holdings Co's Interest Coverage for the fiscal year that ended in Jan. 2026 is calculated as

Here, for the fiscal year that ended in Jan. 2026, Japan Eyewear Holdings Co's Interest Expense was 円-338 Mil. Its Operating Income was 円5,957 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,446 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2026 )/Interest Expense (A: Jan. 2026 )
=-1*5957/-338
=17.62

Japan Eyewear Holdings Co's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the six months ended in Jan. 2026, Japan Eyewear Holdings Co's Interest Expense was 円-177 Mil. Its Operating Income was 円3,070 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,446 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2026 )/Interest Expense (Q: Jan. 2026 )
=-1*3070/-177
=17.34

* 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 17.34 mean?
Japan Eyewear Holdings Co (TSE:5889) has a Interest Coverage of 17.34 as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Japan Eyewear Holdings Co and its competitors. This is 92% above median its historical median of 9.05. Over the past decade, Japan Eyewear Holdings Co's Interest Coverage has ranged from 1.84 to 17.62. According to the industry distribution chart, Japan Eyewear Holdings Co ranks #225 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 48.3%.
Is Japan Eyewear Holdings Co's Interest Coverage too high?
Japan Eyewear Holdings Co's current Interest Coverage of 17.34 is 92% above median its 10-year median of 9.05. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 17.62. The Medical Devices & Instruments industry median Interest Coverage is 15.88. Japan Eyewear Holdings Co's value of 17.34 is 9.2% above this industry median. Based on the distribution chart, Japan Eyewear Holdings Co ranks #225 out of 466 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Japan Eyewear Holdings Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Japan Eyewear Holdings Co's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Japan Eyewear Holdings Co ranks #225 out of 466 companies for Interest Coverage. This puts Japan Eyewear Holdings Co in the upper half of its industry. The industry median Interest Coverage is 15.88. Japan Eyewear Holdings Co's value of 17.34 is 9.2% above this benchmark. Historically, Japan Eyewear Holdings Co's own Interest Coverage has ranged from 1.84 to 17.62 over the past decade. While the company's 10-year median is 9.05 vs. the industry median of 15.88, Japan Eyewear Holdings 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 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. Japan Eyewear Holdings Co's current Interest Coverage of 17.34 is 9.2% 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 Japan Eyewear Holdings Co and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Eyewear Holdings Co's current Interest Coverage is 17.34, which is 92% above median its own 10-year median of 9.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Eyewear Holdings Co stock overvalued right now?
Japan Eyewear Holdings Co (TSE:5889) has a current Interest Coverage of 17.34. The current Interest Coverage is 17.34, which is 92% above median its 10-year median of 9.05 and 9.2% above the Medical Devices & Instruments industry median of 15.88. Japan Eyewear Holdings Co's overall GF Score™ is 16/100 with 2 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 Japan Eyewear Holdings Co (TSE:5889), the current Interest Coverage is 17.34 as of Jan. 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.

Japan Eyewear Holdings Co Business Description

Address 712-2 Yoshiecho, Fukui Prefecture, Sabae, JPN, 916-0001
Japan Eyewear Holdings Co Ltd is engaged in the planning, design, manufacturing, retail and wholesale of Eyewear.
16GF Score

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

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