Kitagawa (TSE:6317) Interest Coverage: 6.61 (As of Mar. 2026) — 56% Below Median


TSE:6317 Kitagawa Corp TSE:6317
68 GF Score
Price 円1,674.00
GF Value 円1,407.48
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kitagawa Interest Coverage?

Kitagawa TSE:6317 +2.51% 68 Interest Coverage is 6.61 as of Mar. 2026, which is 56% below its 10-year median of 14.91. GuruFocus rates TSE:6317 with a GF Score™ of 68/100 and a GF Value™ of 円1,407.48 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,325 Industrial Products companies, Kitagawa ranks worse than 65.03% 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. Kitagawa's Operating Income for the six months ended in Mar. 2026 was 円1,315 Mil. Kitagawa's Interest Expense for the six months ended in Mar. 2026 was 円-199 Mil. Kitagawa's interest coverage for the quarter that ended in Mar. 2026 was 6.61. The higher the ratio, the stronger the company's financial strength is.

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

TSE:6317' s Interest Coverage Range Over the Past 10 Years
Min: 1.2   Med: 14.91   Max: 57.51
Current: 7.47


TSE:6317's Interest Coverage is ranked worse than
65.03% of 2325 companies
in the Industrial Products industry
Industry Median: 14.87 vs TSE:6317: 7.47

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


Kitagawa  (TSE:6317) 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 .


Kitagawa Interest Coverage Related Terms


Kitagawa Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kitagawa'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.

Kitagawa Interest Coverage Chart

Kitagawa 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 22.35 1.20 5.44 4.90 7.47

Kitagawa 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 5.17 2.03 7.99 8.53 6.61

TSE:6317 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Kitagawa'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.


Kitagawa Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kitagawa's Interest Coverage distribution charts can be found below:

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


TSE:6317
68GF Score
Kitagawa Corp TSE:6317
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitagawa 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.

Kitagawa'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, Kitagawa's Interest Expense was 円-360 Mil. Its Operating Income was 円2,688 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,537 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2688/-360
=7.47

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

Here, for the six months ended in Mar. 2026, Kitagawa's Interest Expense was 円-199 Mil. Its Operating Income was 円1,315 Mil. And its Long-Term Debt & Capital Lease Obligation was 円8,537 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1315/-199
=6.61

* 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 6.61 mean?
Kitagawa (TSE:6317) has a Interest Coverage of 6.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kitagawa and its competitors. This is 56% below median its historical median of 14.91. Over the past decade, Kitagawa's Interest Coverage has ranged from 1.20 to 57.51. According to the industry distribution chart, Kitagawa ranks #1512 out of 2325 companies in the Industrial Products industry, placing it in the top 65%.
Is Kitagawa's Interest Coverage too high?
Kitagawa's current Interest Coverage of 6.61 is 56% below median its 10-year median of 14.91. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 57.51. The Industrial Products industry median Interest Coverage is 14.87. Kitagawa's value of 6.61 is 55.5% below this industry median. Based on the distribution chart, Kitagawa ranks #1512 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kitagawa has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitagawa's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kitagawa ranks #1512 out of 2325 companies for Interest Coverage. This places Kitagawa in the lower half of its industry. The industry median Interest Coverage is 14.87. Kitagawa's value of 6.61 is 55.5% below this benchmark. Historically, Kitagawa's own Interest Coverage has ranged from 1.20 to 57.51 over the past decade. While the company's 10-year median is 14.91 vs. the industry median of 14.87, Kitagawa has consistently been below 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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. Kitagawa's current Interest Coverage of 6.61 is 55.5% below 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 Kitagawa and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitagawa's current Interest Coverage is 6.61, which is 56% below median its own 10-year median of 14.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitagawa stock overvalued right now?
Based on GuruFocus' analysis, Kitagawa (TSE:6317) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,407.48, compared to a current price of 円1,674.00 — trading 18.9% above its estimated fair value. The current Interest Coverage is 6.61, which is 56% below median its 10-year median of 14.91 and 55.5% below the Industrial Products industry median of 14.87. Kitagawa's overall GF Score™ is 68/100 with 3 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 Kitagawa (TSE:6317), the current Interest Coverage is 6.61 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 Kitagawa (TSE:6317) Overvalued in 2026?

Based on GuruFocus' analysis, Kitagawa stock appears to be overvalued. The current stock price of 円1,674.00 is trading 18.9% above its estimated GF Value™ of 円1,407.48. GuruFocus considers Kitagawa to be Modestly Overvalued.

Key valuation signals for TSE:6317:

  • Interest Coverage: 6.61 (56% below median its 10-year median of 14.91)
  • GF Value™: 円1,407.48 vs. price of 円1,674.00 (18.9% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 55.5% below the Industrial Products median (#1512 of 2325)

No single metric tells the full story. See the TSE:6317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitagawa Business Description

Address 77-1 Motomachi, Fuchu-shi, Hiroshima, JPN, 726-8610
Kitagawa Corp is the diversified machinery manufacturing company based in Japan. It is specialised in three core businesses: the production and development of casting and machining techniques of metal raw materials; supplying power chucks and numerically controlled rotary tables to the global machine tool industry; constructing custom-made concrete and recycling plants as well as providing construction machinery for various projects, including bridge erection and self-propelled multi-floor parking. The company has an operational presence across the United Kingdom, the United States of America, China, Taiwan, Australia, Germany and other regions.
68GF Score

Get the complete analysis for TSE:6317

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

円1,674.00
Price
円1,407.48
GF Value