Leader Electronics (TSE:6867) Interest Coverage: 88.68 (As of Mar. 2026) — 18% Above Median

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TSE:6867 Leader Electronics Corp TSE:6867
61 GF Score
Price 円411.00
GF Value 円519.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Leader Electronics Interest Coverage?

Leader Electronics TSE:6867 +0.24% 61 Interest Coverage is 88.68 as of Mar. 2026, which is 18% above its 10-year median of 75.31. GuruFocus rates TSE:6867 with a GF Score™ of 61/100 and a GF Value™ of 円519.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,685 Hardware companies, Leader Electronics ranks worse than 59347.12% 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. Leader Electronics's Operating Income for the three months ended in Mar. 2026 was 円125 Mil. Leader Electronics's Interest Expense for the three months ended in Mar. 2026 was 円-1 Mil. Leader Electronics's interest coverage for the quarter that ended in Mar. 2026 was 88.68. The higher the ratio, the stronger the company's financial strength is.

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


TSE:6867's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 15.19
* Ranked among companies with meaningful Interest Coverage only.

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


Leader Electronics  (TSE:6867) 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 .


Leader Electronics Interest Coverage Related Terms


Leader Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Leader Electronics'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.

Leader Electronics Interest Coverage Chart

Leader Electronics 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 36.73 0.00 113.89 0.00 3.50

Leader Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 30.59 0.00 0.00 88.68 0.00

TSE:6867 vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Leader Electronics'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.


Leader Electronics Interest Coverage vs Hardware Industry

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

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


TSE:6867
61GF Score
Leader Electronics Corp TSE:6867
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leader Electronics 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.

Leader Electronics'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, Leader Electronics's Interest Expense was 円-8 Mil. Its Operating Income was 円27 Mil. And its Long-Term Debt & Capital Lease Obligation was 円26 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*26.908/-7.693
=3.50

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

Here, for the three months ended in Mar. 2026, Leader Electronics's Interest Expense was 円-1 Mil. Its Operating Income was 円125 Mil. And its Long-Term Debt & Capital Lease Obligation was 円26 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*125.395/-1.414
=88.68

* 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 88.68 mean?
Leader Electronics (TSE:6867) has a Interest Coverage of 88.68 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Leader Electronics and its competitors. This is 18% above median its historical median of 75.31. According to the industry distribution chart, Leader Electronics ranks #999999 out of 1685 companies in the Hardware industry.
Is Leader Electronics' Interest Coverage too high?
Leader Electronics' current Interest Coverage of 88.68 is 18% above median its 10-year median of 75.31. The Hardware industry median Interest Coverage is 15.19. Leader Electronics' value of 88.68 is 483.8% above this industry median. Based on the distribution chart, Leader Electronics ranks #999999 out of 1685 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Leader Electronics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #999999 out of 1685 companies for Interest Coverage. This places Leader Electronics in the lower half of its industry. The industry median Interest Coverage is 15.19. Leader Electronics' value of 88.68 is 483.8% above this benchmark. While the company's 10-year median is 75.31 vs. the industry median of 15.19, Leader Electronics 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 15.19, based on 1,685 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. Leader Electronics's current Interest Coverage of 88.68 is 483.8% 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 Leader Electronics and its competitors. For the Hardware industry, the median Interest Coverage is 15.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Electronics's current Interest Coverage is 88.68, which is 18% above median its own 10-year median of 75.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円519.41, compared to a current price of 円411.00 — trading 20.9% below its estimated fair value. The current Interest Coverage is 88.68, which is 18% above median its 10-year median of 75.31 and 483.8% above the Hardware industry median of 15.19. Leader Electronics' overall GF Score™ is 61/100 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 Leader Electronics (TSE:6867), the current Interest Coverage is 88.68 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 Leader Electronics (TSE:6867) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued. The current stock price of 円411.00 is trading 20.9% below its estimated GF Value™ of 円519.41. GuruFocus considers Leader Electronics to be Modestly Undervalued.

Key valuation signals for TSE:6867:

  • Interest Coverage: 88.68 (18% above median its 10-year median of 75.31)
  • GF Value™: 円519.41 vs. price of 円411.00 (20.9% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 483.8% above the Hardware median (#999999 of 1685)

No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leader Electronics Business Description

Address 2-6-33 Tsunashima-Higashi, Kohoku-ku, Yokohama, JPN, 223-8505
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
61GF Score

Get the complete analysis for TSE:6867

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

円411.00
Price
円519.41
GF Value