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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. Hokkan Holdings's
Operating Income
for the
six
months ended in Mar. 2026 was 円-496 Mil. Hokkan Holdings's Interest Expense for the
six
months ended in Mar. 2026 was 円-307 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Hokkan Holdings's Interest Coverage or its related term are showing as below:
TSE:5902'
s Interest Coverage Range Over the Past 10 Years
Min: 2.09 Med: 13.18 Max: 24.28
Current: 6.03
TSE:5902's Interest Coverage is ranked worse than 50.63% of 320
companies
in the Packaging & Containers industry
Industry Median: 6.075
vs TSE:5902: 6.03
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 .
Hokkan Holdings Interest Coverage Related Terms
Hokkan Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hokkan 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.
TSE:5902 vs SW, PKG, IP: Interest Coverage Comparison
For the Packaging & Containers subindustry, Hokkan 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.
Hokkan Holdings Interest Coverage vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Hokkan Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hokkan Holdings's Interest Coverage falls into.
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:
Hokkan Holdings did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Hokkan Holdings (TSE:5902) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hokkan Holdings and its competitors. Over the past decade, Hokkan Holdings' Interest Coverage has ranged from 2.09 to 24.28. According to the industry distribution chart, Hokkan Holdings ranks #162 out of 320 companies in the Packaging & Containers industry, placing it in the top 50.6%.
Is Hokkan Holdings' Interest Coverage too high?
Hokkan Holdings' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 24.28. Based on the distribution chart, Hokkan Holdings ranks #162 out of 320 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Hokkan Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkan Holdings' Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hokkan Holdings ranks #162 out of 320 companies for Interest Coverage. This places Hokkan Holdings in the lower half of its industry. The industry median Interest Coverage is 6.08. Historically, Hokkan Holdings' own Interest Coverage has ranged from 2.09 to 24.28 over the past decade. 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.08, based on 320 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. 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 Hokkan Holdings and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkan Holdings's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hokkan Holdings (TSE:5902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,711.66, compared to a current price of 円2,431.00 — trading 42% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Hokkan Holdings' overall GF Score™ is 56/100 with 8 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 Hokkan Holdings (TSE:5902), the current Interest Coverage is 0 (At Loss) 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 Hokkan Holdings (TSE:5902) Overvalued in 2026?
Based on GuruFocus' analysis, Hokkan Holdings stock appears to be overvalued.
The current stock price of 円2,431.00 is trading 42% above its estimated GF Value™ of 円1,711.66.
GuruFocus considers Hokkan Holdings to be Significantly Overvalued.
Key valuation signals for TSE:5902:
Interest Coverage: 0 (At Loss)
GF Value™: 円1,711.66 vs. price of 円2,431.00 (42% above fair value)
No single metric tells the full story. See the TSE:5902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokkan Holdings Ltd is engaged in the packaging and container business. The company's division includes the Container business, Filling business, Overseas business, and Others. The container business includes containers for food and beverages. The filling business consists of containers for various drinks consignment filling, and the Overseas Business, which manufactures and sells beverage packaging overseas, and manufactures beverages on a contract basis.
56GF Score
Get the complete analysis for TSE:5902
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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