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KawadenTSE:6648 -0.59%74 Interest Coverage is 332.26 as of Mar. 2026, which is 36% above its 10-year median of 243.58. GuruFocus rates TSE:6648 with a GF Score™ of 74/100 and a GF Value™ of 円697.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,322 Industrial Products companies, Kawaden ranks better than 90.7% 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. Kawaden's
Operating Income
for the
six
months ended in Mar. 2026 was 円2,108 Mil. Kawaden's Interest Expense for the
six
months ended in Mar. 2026 was 円-6 Mil.
Kawaden's interest coverage for the quarter that ended in Mar. 2026 was 332.26.
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. Kawaden Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Kawaden's Interest Coverage or its related term are showing as below:
TSE:6648'
s Interest Coverage Range Over the Past 10 Years
Min: 88.93 Med: 243.58 Max: 362.91
Current: 362.91
TSE:6648's Interest Coverage is ranked better than 90.7% of 2322
companies
in the Industrial Products industry
Industry Median: 14.735
vs TSE:6648: 362.91
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 .
Kawaden Interest Coverage Related Terms
Kawaden Interest Coverage Historical Data
* Premium members only.
The historical data trend for Kawaden'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:6648 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Kawaden'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.
Kawaden Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kawaden's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Kawaden'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:
* 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.
Kawaden (TSE:6648) has a Interest Coverage of 332.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kawaden and its competitors. This is 36% above median its historical median of 243.58. Over the past decade, Kawaden's Interest Coverage has ranged from 88.93 to 362.91. According to the industry distribution chart, Kawaden ranks #216 out of 2322 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Kawaden's Interest Coverage too high?
Kawaden's current Interest Coverage of 332.26 is 36% above median its 10-year median of 243.58. Over the past 10 years, this metric has ranged from a low of 88.93 to a high of 362.91. The Industrial Products industry median Interest Coverage is 14.74. Kawaden's value of 332.26 is 2154.9% above this industry median. Based on the distribution chart, Kawaden ranks #216 out of 2322 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kawaden has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawaden's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kawaden ranks #216 out of 2322 companies for Interest Coverage. This places Kawaden in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.74. Kawaden's value of 332.26 is 2154.9% above this benchmark. Historically, Kawaden's own Interest Coverage has ranged from 88.93 to 362.91 over the past decade. While the company's 10-year median is 243.58 vs. the industry median of 14.74, Kawaden 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 14.74, based on 2,322 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. Kawaden's current Interest Coverage of 332.26 is 2154.9% 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 Kawaden and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawaden's current Interest Coverage is 332.26, which is 36% above median its own 10-year median of 243.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawaden stock overvalued right now?
Based on GuruFocus' analysis, Kawaden (TSE:6648) is currently considered Significantly Overvalued. The stock's GF Value™ is 円697.08, compared to a current price of 円1,856.00 — trading 166.3% above its estimated fair value. The current Interest Coverage is 332.26, which is 36% above median its 10-year median of 243.58 and 2154.9% above the Industrial Products industry median of 14.74. Kawaden's overall GF Score™ is 74/100 with 1 warning sign 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 Kawaden (TSE:6648), the current Interest Coverage is 332.26 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 Kawaden (TSE:6648) Overvalued in 2026?
Based on GuruFocus' analysis, Kawaden stock appears to be overvalued.
The current stock price of 円1,856.00 is trading 166.3% above its estimated GF Value™ of 円697.08.
GuruFocus considers Kawaden to be Significantly Overvalued.
Key valuation signals for TSE:6648:
Interest Coverage: 332.26 (36% above median its 10-year median of 243.58)
GF Value™: 円697.08 vs. price of 円1,856.00 (166.3% above fair value)
Industry Position: 2154.9% above the Industrial Products median (#216 of 2322)
No single metric tells the full story. See the TSE:6648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawaden Corp is engaged in design, production, and sales of electric cymbal machinery, electrical materials, construction materials, and the design and supervision of electric. The products of the company include voltage switchboard, distribution board, plug breaker compatible, and network compatible. The company operates a single segment, the power distribution control equipment manufacturing business.
74GF Score
Get the complete analysis for TSE:6648
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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