Chino (TSE:6850) Interest Coverage: 115.35 (As of Mar. 2026) — 20% Below Median

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TSE:6850 Chino Corp TSE:6850
86 GF Score
Price 円1,615.00
GF Value 円1,385.54
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Chino Interest Coverage?

Chino TSE:6850 +1.19% 86 Interest Coverage is 115.35 as of Mar. 2026, which is 20% below its 10-year median of 144.64. GuruFocus rates TSE:6850 with a GF Score™ of 86/100 and a GF Value™ of 円1,385.54 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,678 Hardware companies, Chino ranks better than 82.3% 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. Chino's Operating Income for the six months ended in Mar. 2026 was 円2,307 Mil. Chino's Interest Expense for the six months ended in Mar. 2026 was 円-20 Mil. Chino's interest coverage for the quarter that ended in Mar. 2026 was 115.35. 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. Chino Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6850' s Interest Coverage Range Over the Past 10 Years
Min: 37.17   Med: 144.64   Max: 288.86
Current: 111.28


TSE:6850's Interest Coverage is ranked better than
82.3% of 1678 companies
in the Hardware industry
Industry Median: 13.645 vs TSE:6850: 111.28

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


Chino  (TSE:6850) 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 .


Chino Interest Coverage Related Terms


Chino Interest Coverage Historical Data

* Premium members only.

The historical data trend for Chino'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.

Chino Interest Coverage Chart

Chino 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 187.88 288.86 241.89 205.86 111.28

Chino 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 315.00 178.50 226.38 102.22 115.35

TSE:6850 vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Chino'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.


Chino Interest Coverage vs Hardware Industry

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

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


TSE:6850
86GF Score
Chino Corp TSE:6850
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chino 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.

Chino'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, Chino's Interest Expense was 円-29 Mil. Its Operating Income was 円3,227 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,518 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3227/-29
=111.28

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

Here, for the six months ended in Mar. 2026, Chino's Interest Expense was 円-20 Mil. Its Operating Income was 円2,307 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,518 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2307/-20
=115.35

* 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 115.35 mean?
Chino (TSE:6850) has a Interest Coverage of 115.35 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chino and its competitors. This is 20% below median its historical median of 144.64. Over the past decade, Chino's Interest Coverage has ranged from 37.17 to 288.86. According to the industry distribution chart, Chino ranks #297 out of 1678 companies in the Hardware industry, placing it in the top 17.7%.
Is Chino's Interest Coverage too high?
Chino's current Interest Coverage of 115.35 is 20% below median its 10-year median of 144.64. Over the past 10 years, this metric has ranged from a low of 37.17 to a high of 288.86. The Hardware industry median Interest Coverage is 13.65. Chino's value of 115.35 is 745.4% above this industry median. Based on the distribution chart, Chino ranks #297 out of 1678 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chino has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chino's Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chino ranks #297 out of 1678 companies for Interest Coverage. This places Chino in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.65. Chino's value of 115.35 is 745.4% above this benchmark. Historically, Chino's own Interest Coverage has ranged from 37.17 to 288.86 over the past decade. While the company's 10-year median is 144.64 vs. the industry median of 13.65, Chino 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. Chino's current Interest Coverage of 115.35 is 745.4% 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 Chino 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. Chino's current Interest Coverage is 115.35, which is 20% below median its own 10-year median of 144.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chino stock overvalued right now?
Based on GuruFocus' analysis, Chino (TSE:6850) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,385.54, compared to a current price of 円1,615.00 — trading 16.6% above its estimated fair value. The current Interest Coverage is 115.35, which is 20% below median its 10-year median of 144.64 and 745.4% above the Hardware industry median of 13.65. Chino's overall GF Score™ is 86/100 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 Chino (TSE:6850), the current Interest Coverage is 115.35 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 Chino (TSE:6850) Overvalued in 2026?

Based on GuruFocus' analysis, Chino stock appears to be overvalued. The current stock price of 円1,615.00 is trading 16.6% above its estimated GF Value™ of 円1,385.54. GuruFocus considers Chino to be Modestly Overvalued.

Key valuation signals for TSE:6850:

  • Interest Coverage: 115.35 (20% below median its 10-year median of 144.64)
  • GF Value™: 円1,385.54 vs. price of 円1,615.00 (16.6% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 745.4% above the Hardware median (#297 of 1678)

No single metric tells the full story. See the TSE:6850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chino Business Description

Address 32-8, Kumano-cho, Itabashi-Ku, Tokyo, JPN, 173-8632
Chino Corp is engaged in the manufacture and sale of instrumentation and control equipment. The product line includes - temperature sensors, infrared radiation thermometers, recorders, data loggers, temperature calibration equipment, fuel cell testing systems, compressor performance testing systems, and instrumentation components.
86GF Score

Get the complete analysis for TSE:6850

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

円1,615.00
Price
円1,385.54
GF Value