AstiTSE:6899 +0.43%77 Interest Coverage is 11.81 as of Mar. 2026, which is 25% below its 10-year median of 15.76. GuruFocus rates TSE:6899 with a GF Score™ of 77/100 and a GF Value™ of 円2,493.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,672 Hardware companies, Asti ranks worse than 54.67% 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. Asti's
Operating Income
for the
six
months ended in Mar. 2026 was 円717 Mil. Asti's Interest Expense for the
six
months ended in Mar. 2026 was 円-61 Mil.
Asti's interest coverage for the quarter that ended in Mar. 2026 was 11.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Asti's Interest Coverage or its related term are showing as below:
TSE:6899'
s Interest Coverage Range Over the Past 10 Years
Min: 3.62 Med: 15.76 Max: 29.56
Current: 10.85
TSE:6899's Interest Coverage is ranked worse than 54.67% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs TSE:6899: 10.85
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 .
Asti Interest Coverage Related Terms
Asti Interest Coverage Historical Data
* Premium members only.
The historical data trend for Asti'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.
TSE:6899 vs APH, GLW: Interest Coverage Comparison
For the Electronic Components subindustry, Asti'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.
Asti Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Asti's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Asti's Interest Coverage falls into.
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:
* 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.
Asti (TSE:6899) has a Interest Coverage of 11.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asti and its competitors. This is 25% below median its historical median of 15.76. Over the past decade, Asti's Interest Coverage has ranged from 3.62 to 29.56. According to the industry distribution chart, Asti ranks #914 out of 1672 companies in the Hardware industry, placing it in the top 54.7%.
Is Asti's Interest Coverage too high?
Asti's current Interest Coverage of 11.81 is 25% below median its 10-year median of 15.76. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 29.56. The Hardware industry median Interest Coverage is 13.73. Asti's value of 11.81 is 14% below this industry median. Based on the distribution chart, Asti ranks #914 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, Asti has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asti's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Asti ranks #914 out of 1672 companies for Interest Coverage. This places Asti in the lower half of its industry. The industry median Interest Coverage is 13.73. Asti's value of 11.81 is 14% below this benchmark. Historically, Asti's own Interest Coverage has ranged from 3.62 to 29.56 over the past decade. While the company's 10-year median is 15.76 vs. the industry median of 13.73, Asti has consistently been below 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. Asti's current Interest Coverage of 11.81 is 14% below 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 Asti 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. Asti's current Interest Coverage is 11.81, which is 25% below median its own 10-year median of 15.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asti stock overvalued right now?
Based on GuruFocus' analysis, Asti (TSE:6899) is currently considered Fairly Valued. The stock's GF Value™ is 円2,493.02, compared to a current price of 円2,320.00 — trading 6.9% below its estimated fair value. The current Interest Coverage is 11.81, which is 25% below median its 10-year median of 15.76 and 14% below the Hardware industry median of 13.73. Asti's overall GF Score™ is 77/100 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 Asti (TSE:6899), the current Interest Coverage is 11.81 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 Asti (TSE:6899) Overvalued in 2026?
Based on GuruFocus' analysis, Asti stock appears to be undervalued.
The current stock price of 円2,320.00 is trading 6.9% below its estimated GF Value™ of 円2,493.02.
GuruFocus considers Asti to be Fairly Valued.
Key valuation signals for TSE:6899:
Interest Coverage: 11.81 (25% below median its 10-year median of 15.76)
GF Value™: 円2,493.02 vs. price of 円2,320.00 (6.9% below fair value)
Industry Position: 14% below the Hardware median (#914 of 1672)
No single metric tells the full story. See the TSE:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asti Corp provides electrical equipment for a car, home electronics, telecommunication equipment, and control equipment. Its product profile consists of Electric control boards for washing machines, Electric control boards for dryers, Controllers for industrial robots, Corner sensor units, Electric control boards for dishwashers, Wire harnesses for cars and ships, Circuit boards for a security camera, and others.
77GF Score
Get the complete analysis for TSE:6899
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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