Pulstec Industrial Co (TSE:6894) Interest Coverage: 133,736.50 (As of Mar. 2026) — 22061% Above Median


TSE:6894 Pulstec Industrial Co Ltd TSE:6894
74 GF Score
Price 円2,175.00
GF Value 円1,760.61
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Pulstec Industrial Co Interest Coverage?

Pulstec Industrial Co TSE:6894 +1.83% 74 Interest Coverage is 133,736.50 as of Mar. 2026, which is 22061% above its 10-year median of 603.49. GuruFocus rates TSE:6894 with a GF Score™ of 74/100 and a GF Value™ of 円1,760.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,322 Industrial Products companies, Pulstec Industrial Co ranks better than 99.78% 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. Pulstec Industrial Co's Operating Income for the six months ended in Mar. 2026 was 円267 Mil. Pulstec Industrial Co's Interest Expense for the six months ended in Mar. 2026 was 円-0 Mil. Pulstec Industrial Co's interest coverage for the quarter that ended in Mar. 2026 was 133,736.50. 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. Pulstec Industrial Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6894' s Interest Coverage Range Over the Past 10 Years
Min: 174.56   Med: 603.49   Max: 22305.06
Current: 22305.06


TSE:6894's Interest Coverage is ranked better than
99.78% of 2322 companies
in the Industrial Products industry
Industry Median: 14.735 vs TSE:6894: 22305.06

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


Pulstec Industrial Co  (TSE:6894) 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 .


Pulstec Industrial Co Interest Coverage Related Terms


Pulstec Industrial Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pulstec Industrial 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.

Pulstec Industrial Co Interest Coverage Chart

Pulstec Industrial 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 645.37 842.84 1,525.42 3,028.38 22,305.06

Pulstec Industrial Co 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 2,835.27 794.56 6,842.22 6,386.29 133,736.50

TSE:6894 vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Pulstec Industrial 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.


Pulstec Industrial Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pulstec Industrial Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pulstec Industrial Co's Interest Coverage falls into.


TSE:6894
74GF Score
Pulstec Industrial Co Ltd TSE:6894
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pulstec Industrial 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.

Pulstec Industrial 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, Pulstec Industrial Co's Interest Expense was 円-0 Mil. Its Operating Income was 円357 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*356.881/-0.016
=22,305.06

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

Here, for the six months ended in Mar. 2026, Pulstec Industrial Co's Interest Expense was 円-0 Mil. Its Operating Income was 円267 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*267.473/-0.002
=133,736.50

* 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 133,736.50 mean?
Pulstec Industrial Co (TSE:6894) has a Interest Coverage of 133,736.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pulstec Industrial Co and its competitors. This is 22061% above median its historical median of 603.49. Over the past decade, Pulstec Industrial Co's Interest Coverage has ranged from 174.56 to 22,305.06. According to the industry distribution chart, Pulstec Industrial Co ranks #5 out of 2322 companies in the Industrial Products industry, placing it in the top 0.2%.
Is Pulstec Industrial Co's Interest Coverage too high?
Pulstec Industrial Co's current Interest Coverage of 133,736.50 is 22061% above median its 10-year median of 603.49. Over the past 10 years, this metric has ranged from a low of 174.56 to a high of 22,305.06. The Industrial Products industry median Interest Coverage is 14.74. Pulstec Industrial Co's value of 133,736.50 is 907511.1% above this industry median. Based on the distribution chart, Pulstec Industrial Co ranks #5 out of 2322 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pulstec Industrial Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulstec Industrial Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Pulstec Industrial Co ranks #5 out of 2322 companies for Interest Coverage. This places Pulstec Industrial Co in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.74. Pulstec Industrial Co's value of 133,736.50 is 907511.1% above this benchmark. Historically, Pulstec Industrial Co's own Interest Coverage has ranged from 174.56 to 22,305.06 over the past decade. While the company's 10-year median is 603.49 vs. the industry median of 14.74, Pulstec Industrial 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. Pulstec Industrial Co's current Interest Coverage of 133,736.50 is 907511.1% 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 Pulstec Industrial Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulstec Industrial Co's current Interest Coverage is 133,736.50, which is 22061% above median its own 10-year median of 603.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulstec Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Pulstec Industrial Co (TSE:6894) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,760.61, compared to a current price of 円2,175.00 — trading 23.5% above its estimated fair value. The current Interest Coverage is 133,736.50, which is 22061% above median its 10-year median of 603.49 and 907511.1% above the Industrial Products industry median of 14.74. Pulstec Industrial Co's overall GF Score™ is 74/100 with 4 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 Pulstec Industrial Co (TSE:6894), the current Interest Coverage is 133,736.50 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 Pulstec Industrial Co (TSE:6894) Overvalued in 2026?

Based on GuruFocus' analysis, Pulstec Industrial Co stock appears to be overvalued. The current stock price of 円2,175.00 is trading 23.5% above its estimated GF Value™ of 円1,760.61. GuruFocus considers Pulstec Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:6894:

  • Interest Coverage: 133,736.50 (22061% above median its 10-year median of 603.49)
  • GF Value™: 円1,760.61 vs. price of 円2,175.00 (23.5% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 907511.1% above the Industrial Products median (#5 of 2322)

No single metric tells the full story. See the TSE:6894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pulstec Industrial Co Business Description

Address 35, 7000 Nakagawa, Hosoe-cho, Hamana-ku, Shizuoka, Hamamatsu, JPN, 431-1304
Pulstec Industrial Co Ltd is a Japan-based company engaged in the manufacture and sale of electronic applied equipment and systems. Its products include X-ray application, optical application, optical disc, and scanner series. The company is also engaged in engaged in the manufacture and sale of portable X-ray residual stress measuring devices, healthcare, manufacturing of medical equipment, 3D scanners, various measurement, control and data processing devices, and other electronic application devices and equipment.
74GF Score

Get the complete analysis for TSE:6894

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

円2,175.00
Price
円1,760.61
GF Value