Diamond Electric Holdings Co (TSE:6699) Interest Coverage: 2.67 (As of Mar. 2026) — Near Median


TSE:6699 Diamond Electric Holdings Co Ltd TSE:6699
53 GF Score
Price 円464.00
GF Value 円635.21
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Diamond Electric Holdings Co Interest Coverage?

Diamond Electric Holdings Co TSE:6699 +0.87% 53 Interest Coverage is 2.67 as of Mar. 2026, which is 4% below its 10-year median of 2.78. GuruFocus rates TSE:6699 with a GF Score™ of 53/100 and a GF Value™ of 円635.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Diamond Electric Holdings Co ranks worse than 76.94% 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. Diamond Electric Holdings Co's Operating Income for the six months ended in Mar. 2026 was 円1,366 Mil. Diamond Electric Holdings Co's Interest Expense for the six months ended in Mar. 2026 was 円-511 Mil. Diamond Electric Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 2.67. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Diamond Electric Holdings Co Ltd interest coverage is 2.68, which is low.

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

TSE:6699' s Interest Coverage Range Over the Past 10 Years
Min: 0.41   Med: 2.78   Max: 13.14
Current: 2.68


TSE:6699's Interest Coverage is ranked worse than
76.94% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.31 vs TSE:6699: 2.68

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


Diamond Electric Holdings Co  (TSE:6699) 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 .


Diamond Electric Holdings Co Interest Coverage Related Terms


Diamond Electric Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Diamond Electric 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.

Diamond Electric Holdings Co Interest Coverage Chart

Diamond Electric Holdings Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 2.21 0.00 0.41 2.78 2.68

Diamond Electric Holdings Co Semi-Annual Data
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 2.00 0.02 4.97 2.68 2.67

TSE:6699 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Diamond Electric 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.


Diamond Electric Holdings Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Diamond Electric Holdings Co's Interest Coverage distribution charts can be found below:

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


TSE:6699
53GF Score
Diamond Electric Holdings Co Ltd TSE:6699
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diamond Electric 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.

Diamond Electric Holdings 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, Diamond Electric Holdings Co's Interest Expense was 円-1,028 Mil. Its Operating Income was 円2,754 Mil. And its Long-Term Debt & Capital Lease Obligation was 円11,812 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2754/-1028
=2.68

Diamond Electric Holdings Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Diamond Electric Holdings Co's Interest Expense was 円-511 Mil. Its Operating Income was 円1,366 Mil. And its Long-Term Debt & Capital Lease Obligation was 円11,812 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1366/-511
=2.67

* 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 2.67 mean?
Diamond Electric Holdings Co (TSE:6699) has a Interest Coverage of 2.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Diamond Electric Holdings Co and its competitors. This is near median its historical median of 2.78. Over the past decade, Diamond Electric Holdings Co's Interest Coverage has ranged from 0.41 to 13.14. According to the industry distribution chart, Diamond Electric Holdings Co ranks #821 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 76.9%.
Is Diamond Electric Holdings Co's Interest Coverage too high?
Diamond Electric Holdings Co's current Interest Coverage of 2.67 is near median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 13.14. The Vehicles & Parts industry median Interest Coverage is 8.31. Diamond Electric Holdings Co's value of 2.67 is 67.9% below this industry median. Based on the distribution chart, Diamond Electric Holdings Co ranks #821 out of 1067 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Diamond Electric Holdings Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Diamond Electric Holdings Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Diamond Electric Holdings Co ranks #821 out of 1067 companies for Interest Coverage. This places Diamond Electric Holdings Co in the lower half of its industry. The industry median Interest Coverage is 8.31. Diamond Electric Holdings Co's value of 2.67 is 67.9% below this benchmark. Historically, Diamond Electric Holdings Co's own Interest Coverage has ranged from 0.41 to 13.14 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 8.31, Diamond Electric Holdings Co 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 a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. Diamond Electric Holdings Co's current Interest Coverage of 2.67 is 67.9% 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 Diamond Electric Holdings Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond Electric Holdings Co's current Interest Coverage is 2.67, which is near median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Electric Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Diamond Electric Holdings Co (TSE:6699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円635.21, compared to a current price of 円464.00 — trading 27% below its estimated fair value. The current Interest Coverage is 2.67, which is near median its 10-year median of 2.78 and 67.9% below the Vehicles & Parts industry median of 8.31. Diamond Electric Holdings Co's overall GF Score™ is 53/100 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 Diamond Electric Holdings Co (TSE:6699), the current Interest Coverage is 2.67 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 Diamond Electric Holdings Co (TSE:6699) Overvalued in 2026?

Based on GuruFocus' analysis, Diamond Electric Holdings Co stock appears to be undervalued. The current stock price of 円464.00 is trading 27% below its estimated GF Value™ of 円635.21. GuruFocus considers Diamond Electric Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:6699:

  • Interest Coverage: 2.67 (near median its 10-year median of 2.78)
  • GF Value™: 円635.21 vs. price of 円464.00 (27% below fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 67.9% below the Vehicles & Parts median (#821 of 1067)

No single metric tells the full story. See the TSE:6699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diamond Electric Holdings Co Business Description

Address 1-15-27 Tsukamoto, Yodogawa-ku, Osaka, JPN, 532-0026
Diamond Electric Holdings Co Ltd is engaged in the manufacture and sale of electronic and energy-related components. The company has three reportable segments: Automotive Equipment Business, Energy Solutions Business, and Electronic Equipment Business. The Automotive Equipment segment manufactures ignition coils, transmission switches, rotation sensors, and in-vehicle control boards. The Energy Solutions segment produces power conditioners for solar power generation and energy storage hybrid systems. The Electronic Equipment segment manufactures electronic control devices for fan heaters, air conditioners, water heaters, and other related products such as ignition devices and power conditioners.
53GF Score

Get the complete analysis for TSE:6699

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

円464.00
Price
円635.21
GF Value