Showa Shinku Co (TSE:6384) Interest Coverage: 3,729.98 (As of Mar. 2026) — 585% Above Median


TSE:6384 Showa Shinku Co Ltd TSE:6384
74 GF Score
Price 円1,715.00
GF Value 円1,657.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Showa Shinku Co Interest Coverage?

Showa Shinku Co TSE:6384 +1.72% 74 Interest Coverage is 3,729.98 as of Mar. 2026, which is 585% above its 10-year median of 544.91. GuruFocus rates TSE:6384 with a GF Score™ of 74/100 and a GF Value™ of 円1,657.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,320 Industrial Products companies, Showa Shinku Co ranks better than 95.65% 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. Showa Shinku Co's Operating Income for the six months ended in Mar. 2026 was 円2,924 Mil. Showa Shinku Co's Interest Expense for the six months ended in Mar. 2026 was 円-1 Mil. Showa Shinku Co's interest coverage for the quarter that ended in Mar. 2026 was 3,729.98. 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. Showa Shinku Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6384' s Interest Coverage Range Over the Past 10 Years
Min: 113.5   Med: 544.91   Max: 1882.44
Current: 1882.44


TSE:6384's Interest Coverage is ranked better than
95.65% of 2320 companies
in the Industrial Products industry
Industry Median: 14.88 vs TSE:6384: 1882.44

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


Showa Shinku Co  (TSE:6384) 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 .


Showa Shinku Co Interest Coverage Related Terms


Showa Shinku Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Showa Shinku 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.

Showa Shinku Co Interest Coverage Chart

Showa Shinku Co 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 1,148.19 389.70 123.33 1,594.83 1,882.44

Showa Shinku Co 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 627.62 11.99 3,245.07 153.95 3,729.98

TSE:6384 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Showa Shinku 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.


Showa Shinku Co Interest Coverage vs Industrial Products Industry

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

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


TSE:6384
74GF Score
Showa Shinku Co Ltd TSE:6384
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Showa Shinku 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.

Showa Shinku Co'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, Showa Shinku Co's Interest Expense was 円-2 Mil. Its Operating Income was 円3,053 Mil. And its Long-Term Debt & Capital Lease Obligation was 円12 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3053.318/-1.622
=1,882.44

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

Here, for the six months ended in Mar. 2026, Showa Shinku Co's Interest Expense was 円-1 Mil. Its Operating Income was 円2,924 Mil. And its Long-Term Debt & Capital Lease Obligation was 円12 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2924.305/-0.784
=3,729.98

* 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 3,729.98 mean?
Showa Shinku Co (TSE:6384) has a Interest Coverage of 3,729.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Showa Shinku Co and its competitors. This is 585% above median its historical median of 544.91. Over the past decade, Showa Shinku Co's Interest Coverage has ranged from 113.50 to 1,882.44. According to the industry distribution chart, Showa Shinku Co ranks #101 out of 2320 companies in the Industrial Products industry, placing it in the top 4.4%.
Is Showa Shinku Co's Interest Coverage too high?
Showa Shinku Co's current Interest Coverage of 3,729.98 is 585% above median its 10-year median of 544.91. Over the past 10 years, this metric has ranged from a low of 113.50 to a high of 1,882.44. The Industrial Products industry median Interest Coverage is 14.88. Showa Shinku Co's value of 3,729.98 is 24967.1% above this industry median. Based on the distribution chart, Showa Shinku Co ranks #101 out of 2320 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Showa Shinku Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Showa Shinku Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Showa Shinku Co ranks #101 out of 2320 companies for Interest Coverage. This places Showa Shinku Co in the top 4% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.88. Showa Shinku Co's value of 3,729.98 is 24967.1% above this benchmark. Historically, Showa Shinku Co's own Interest Coverage has ranged from 113.50 to 1,882.44 over the past decade. While the company's 10-year median is 544.91 vs. the industry median of 14.88, Showa Shinku 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.88, based on 2,320 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. Showa Shinku Co's current Interest Coverage of 3,729.98 is 24967.1% 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 Showa Shinku Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showa Shinku Co's current Interest Coverage is 3,729.98, which is 585% above median its own 10-year median of 544.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa Shinku Co stock overvalued right now?
Based on GuruFocus' analysis, Showa Shinku Co (TSE:6384) is currently considered Fairly Valued. The stock's GF Value™ is 円1,657.42, compared to a current price of 円1,715.00 — trading 3.5% above its estimated fair value. The current Interest Coverage is 3,729.98, which is 585% above median its 10-year median of 544.91 and 24967.1% above the Industrial Products industry median of 14.88. Showa Shinku Co's overall GF Score™ is 74/100 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 Showa Shinku Co (TSE:6384), the current Interest Coverage is 3,729.98 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 Showa Shinku Co (TSE:6384) Overvalued in 2026?

Based on GuruFocus' analysis, Showa Shinku Co stock appears to be overvalued. The current stock price of 円1,715.00 is trading 3.5% above its estimated GF Value™ of 円1,657.42. GuruFocus considers Showa Shinku Co to be Fairly Valued.

Key valuation signals for TSE:6384:

  • Interest Coverage: 3,729.98 (585% above median its 10-year median of 544.91)
  • GF Value™: 円1,657.42 vs. price of 円1,715.00 (3.5% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 24967.1% above the Industrial Products median (#101 of 2320)

No single metric tells the full story. See the TSE:6384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showa Shinku Co Business Description

Address 3062-10 Tana, Chuo-ku, Sagamihara, Kanagawa, JPN, 252-0244
Showa Shinku Co Ltd manufactures and sells vacuum equipment such as Vacuum evaporation equipment, Sputtering equipment, and others. The company's product profile includes Plasma cleaner, the Sputtering system, Multi-function type, Ultra-high Spec Vacuum Coater for Optical Multilayer, and others.
74GF Score

Get the complete analysis for TSE:6384

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

円1,715.00
Price
円1,657.42
GF Value