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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. Harada Industry Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円-223 Mil. Harada Industry Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-97 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Harada Industry Co's Interest Coverage or its related term are showing as below:
TSE:6904'
s Interest Coverage Range Over the Past 10 Years
Min: 1.68 Med: 7.99 Max: 19.79
Current: 7.99
TSE:6904's Interest Coverage is ranked worse than 64.31% of 1670
companies
in the Hardware industry
Industry Median: 14.28
vs TSE:6904: 7.99
Harada Industry Co (TSE:6904) 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 .
Harada Industry Co Interest Coverage Related Terms
Harada Industry Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Harada Industry 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.
TSE:6904 vs CSCO, MSI, HPE: Interest Coverage Comparison
For the Communication Equipment subindustry, Harada Industry 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.
Harada Industry Co Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Harada Industry Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Harada Industry Co'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:
Harada Industry Co did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Harada Industry Co (TSE:6904) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Harada Industry Co and its competitors. Over the past decade, Harada Industry Co's Interest Coverage has ranged from 1.68 to 19.79. According to the industry distribution chart, Harada Industry Co ranks #1074 out of 1670 companies in the Hardware industry, placing it in the top 64.3%.
Is Harada Industry Co's Interest Coverage too high?
Harada Industry Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 19.79. Based on the distribution chart, Harada Industry Co ranks #1074 out of 1670 companies in the Hardware industry, which is below the industry midpoint. Overall, Harada Industry Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harada Industry Co's Interest Coverage compare to CSCO and MSI?
According to the Hardware industry distribution chart, Harada Industry Co ranks #1074 out of 1670 companies for Interest Coverage. This places Harada Industry Co in the lower half of its industry. The industry median Interest Coverage is 14.28. Historically, Harada Industry Co's own Interest Coverage has ranged from 1.68 to 19.79 over the past decade. 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 14.28, based on 1,670 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. 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 Harada Industry Co and its competitors. For the Hardware industry, the median Interest Coverage is 14.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harada Industry Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harada Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Harada Industry Co (TSE:6904) is currently considered Modestly Undervalued. The stock's GF Value™ is 円507.82, compared to a current price of 円451.00 — trading 11.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Harada Industry Co's overall GF Score™ is 64/100 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 Harada Industry Co (TSE:6904), the current Interest Coverage is 0 (At Loss) 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 Harada Industry Co (TSE:6904) Overvalued in 2026?
Based on GuruFocus' analysis, Harada Industry Co stock appears to be undervalued.
The current stock price of 円451.00 is trading 11.2% below its estimated GF Value™ of 円507.82.
GuruFocus considers Harada Industry Co to be Modestly Undervalued.
Key valuation signals for TSE:6904:
Interest Coverage: 0 (At Loss)
GF Value™: 円507.82 vs. price of 円451.00 (11.2% below fair value)
No single metric tells the full story. See the TSE:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harada Industry Co Ltd manufactures and sells automotive antennas, wireless and data communications antennas, mobile device antennas, actuators, and various automotive parts, electronic devices, and components. It manufactures antennas for radio, GPS, telephone, DSRC, ETC, television. It also provides cables, such as copper clad aluminum, coaxial, and shielded twisted pair cables, as well as connectors.
64GF Score
Get the complete analysis for TSE:6904
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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