New Cosmos Electric Co (TSE:6824) Interest Coverage: 227.09 (As of Mar. 2026) — 43% Below Median

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TSE:6824 New Cosmos Electric Co Ltd TSE:6824
84 GF Score
Price 円4,950.00
GF Value 円3,207.16
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is New Cosmos Electric Co Interest Coverage?

New Cosmos Electric Co TSE:6824 -4.99% 84 Interest Coverage is 227.09 as of Mar. 2026, which is 43% below its 10-year median of 400.22. GuruFocus rates TSE:6824 with a GF Score™ of 84/100 and a GF Value™ of 円3,207.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,678 Hardware companies, New Cosmos Electric Co ranks better than 88.08% 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. New Cosmos Electric Co's Operating Income for the three months ended in Mar. 2026 was 円1,779 Mil. New Cosmos Electric Co's Interest Expense for the three months ended in Mar. 2026 was 円-8 Mil. New Cosmos Electric Co's interest coverage for the quarter that ended in Mar. 2026 was 227.09. 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. New Cosmos Electric Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6824' s Interest Coverage Range Over the Past 10 Years
Min: 139.04   Med: 400.22   Max: 1475.75
Current: 220.67


TSE:6824's Interest Coverage is ranked better than
88.08% of 1678 companies
in the Hardware industry
Industry Median: 13.645 vs TSE:6824: 220.67

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


New Cosmos Electric Co  (TSE:6824) 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 .


New Cosmos Electric Co Interest Coverage Related Terms


New Cosmos Electric Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for New Cosmos Electric 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.

New Cosmos Electric Co Interest Coverage Chart

New Cosmos Electric 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 1,010.96 1,475.75 349.84 139.04 220.67

New Cosmos Electric Co 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 88.79 179.48 284.20 192.79 227.09

TSE:6824 vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, New Cosmos Electric 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.


New Cosmos Electric Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, New Cosmos Electric Co's Interest Coverage distribution charts can be found below:

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


TSE:6824
84GF Score
New Cosmos Electric Co Ltd TSE:6824
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Cosmos Electric 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.

New Cosmos Electric 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, New Cosmos Electric Co's Interest Expense was 円-33 Mil. Its Operating Income was 円7,351 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,233 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*7351.05/-33.312
=220.67

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

Here, for the three months ended in Mar. 2026, New Cosmos Electric Co's Interest Expense was 円-8 Mil. Its Operating Income was 円1,779 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,233 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1778.535/-7.832
=227.09

* 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 227.09 mean?
New Cosmos Electric Co (TSE:6824) has a Interest Coverage of 227.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on New Cosmos Electric Co and its competitors. This is 43% below median its historical median of 400.22. Over the past decade, New Cosmos Electric Co's Interest Coverage has ranged from 139.04 to 1,475.75. According to the industry distribution chart, New Cosmos Electric Co ranks #200 out of 1678 companies in the Hardware industry, placing it in the top 11.9%.
Is New Cosmos Electric Co's Interest Coverage too high?
New Cosmos Electric Co's current Interest Coverage of 227.09 is 43% below median its 10-year median of 400.22. Over the past 10 years, this metric has ranged from a low of 139.04 to a high of 1,475.75. The Hardware industry median Interest Coverage is 13.65. New Cosmos Electric Co's value of 227.09 is 1564.3% above this industry median. Based on the distribution chart, New Cosmos Electric Co ranks #200 out of 1678 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, New Cosmos Electric Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Cosmos Electric Co's Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, New Cosmos Electric Co ranks #200 out of 1678 companies for Interest Coverage. This places New Cosmos Electric Co in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.65. New Cosmos Electric Co's value of 227.09 is 1564.3% above this benchmark. Historically, New Cosmos Electric Co's own Interest Coverage has ranged from 139.04 to 1,475.75 over the past decade. While the company's 10-year median is 400.22 vs. the industry median of 13.65, New Cosmos Electric 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 a Hardware company?
The median Interest Coverage among Hardware companies is 13.65, based on 1,678 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. New Cosmos Electric Co's current Interest Coverage of 227.09 is 1564.3% 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 New Cosmos Electric Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Cosmos Electric Co's current Interest Coverage is 227.09, which is 43% below median its own 10-year median of 400.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Cosmos Electric Co stock overvalued right now?
Based on GuruFocus' analysis, New Cosmos Electric Co (TSE:6824) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,207.16, compared to a current price of 円4,950.00 — trading 54.3% above its estimated fair value. The current Interest Coverage is 227.09, which is 43% below median its 10-year median of 400.22 and 1564.3% above the Hardware industry median of 13.65. New Cosmos Electric Co's overall GF Score™ is 84/100 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 New Cosmos Electric Co (TSE:6824), the current Interest Coverage is 227.09 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 New Cosmos Electric Co (TSE:6824) Overvalued in 2026?

Based on GuruFocus' analysis, New Cosmos Electric Co stock appears to be overvalued. The current stock price of 円4,950.00 is trading 54.3% above its estimated GF Value™ of 円3,207.16. GuruFocus considers New Cosmos Electric Co to be Significantly Overvalued.

Key valuation signals for TSE:6824:

  • Interest Coverage: 227.09 (43% below median its 10-year median of 400.22)
  • GF Value™: 円3,207.16 vs. price of 円4,950.00 (54.3% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 1564.3% above the Hardware median (#200 of 1678)

No single metric tells the full story. See the TSE:6824 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Cosmos Electric Co Business Description

Address 2-5-4 Mitsuyanaka, Yodogawa-ku, Osaka, JPN, 532-0036
New Cosmos Electric Co Ltd is engaged in research, development, manufacturing, and selling of gas detection systems. Its products include residential gas alarms, industrial gas detection systems, portable gas detectors, odor sensors and products applying odor sensors. Its products are used in household gas alarms utilizing original gas sensor technology, a stationary gas detection alarm device for industrial use, portable gas detector, as well as in odor sensor.
84GF Score

Get the complete analysis for TSE:6824

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

円4,950.00
Price
円3,207.16
GF Value