Anritsu (TSE:6754) Interest Coverage: 89.14 (As of Mar. 2026) — 146% Above Median


TSE:6754 Anritsu Corp TSE:6754
74 GF Score
Price 円4,396.00
GF Value 円1,471.35
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Anritsu Interest Coverage?

Anritsu TSE:6754 +0.73% 74 Interest Coverage is 89.14 as of Mar. 2026, which is 146% above its 10-year median of 36.24. GuruFocus rates TSE:6754 with a GF Score™ of 74/100 and a GF Value™ of 円1,471.35 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,672 Hardware companies, Anritsu ranks better than 73.92% 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. Anritsu's Operating Income for the three months ended in Mar. 2026 was 円6,418 Mil. Anritsu's Interest Expense for the three months ended in Mar. 2026 was 円-72 Mil. Anritsu's interest coverage for the quarter that ended in Mar. 2026 was 89.14. 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. Anritsu Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6754' s Interest Coverage Range Over the Past 10 Years
Min: 5.31   Med: 36.24   Max: 106.8
Current: 56.17


TSE:6754's Interest Coverage is ranked better than
73.92% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs TSE:6754: 56.17

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


Anritsu  (TSE:6754) 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 .


Anritsu Interest Coverage Related Terms


Anritsu Interest Coverage Historical Data

* Premium members only.

The historical data trend for Anritsu'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.

Anritsu Interest Coverage Chart

Anritsu 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 51.89 24.37 30.98 84.79 56.17

Anritsu Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 142.68 7.36 0.00 116.48 89.14

TSE:6754 vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Anritsu'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.


Anritsu Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Anritsu's Interest Coverage distribution charts can be found below:

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


TSE:6754
74GF Score
Anritsu Corp TSE:6754
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anritsu 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.

Anritsu'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, Anritsu's Interest Expense was 円-264 Mil. Its Operating Income was 円14,830 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,994 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*14830/-264
=56.17

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

Here, for the three months ended in Mar. 2026, Anritsu's Interest Expense was 円-72 Mil. Its Operating Income was 円6,418 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,994 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6418/-72
=89.14

* 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 89.14 mean?
Anritsu (TSE:6754) has a Interest Coverage of 89.14 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anritsu and its competitors. This is 146% above median its historical median of 36.24. Over the past decade, Anritsu's Interest Coverage has ranged from 5.31 to 106.80. According to the industry distribution chart, Anritsu ranks #436 out of 1672 companies in the Hardware industry, placing it in the top 26.1%.
Is Anritsu's Interest Coverage too high?
Anritsu's current Interest Coverage of 89.14 is 146% above median its 10-year median of 36.24. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 106.80. The Hardware industry median Interest Coverage is 13.73. Anritsu's value of 89.14 is 549.2% above this industry median. Based on the distribution chart, Anritsu ranks #436 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Anritsu has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anritsu's Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Anritsu ranks #436 out of 1672 companies for Interest Coverage. This puts Anritsu in the upper half of its industry. The industry median Interest Coverage is 13.73. Anritsu's value of 89.14 is 549.2% above this benchmark. Historically, Anritsu's own Interest Coverage has ranged from 5.31 to 106.80 over the past decade. While the company's 10-year median is 36.24 vs. the industry median of 13.73, Anritsu 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 a Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Anritsu's current Interest Coverage of 89.14 is 549.2% 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 Anritsu and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anritsu's current Interest Coverage is 89.14, which is 146% above median its own 10-year median of 36.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anritsu stock overvalued right now?
Based on GuruFocus' analysis, Anritsu (TSE:6754) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,471.35, compared to a current price of 円4,396.00 — trading 198.8% above its estimated fair value. The current Interest Coverage is 89.14, which is 146% above median its 10-year median of 36.24 and 549.2% above the Hardware industry median of 13.73. Anritsu's overall GF Score™ is 74/100 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 Anritsu (TSE:6754), the current Interest Coverage is 89.14 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 Anritsu (TSE:6754) Overvalued in 2026?

Based on GuruFocus' analysis, Anritsu stock appears to be overvalued. The current stock price of 円4,396.00 is trading 198.8% above its estimated GF Value™ of 円1,471.35. GuruFocus considers Anritsu to be Significantly Overvalued.

Key valuation signals for TSE:6754:

  • Interest Coverage: 89.14 (146% above median its 10-year median of 36.24)
  • GF Value™: 円1,471.35 vs. price of 円4,396.00 (198.8% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 549.2% above the Hardware median (#436 of 1672)

No single metric tells the full story. See the TSE:6754 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anritsu Business Description

Address 5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.
74GF Score

Get the complete analysis for TSE:6754

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

円4,396.00
Price
円1,471.35
GF Value