Lead Co (TSE:6982) Interest Coverage: 3.37 (As of Mar. 2026) — 45% Above Median


TSE:6982 Lead Co Inc TSE:6982
54 GF Score
Price 円595.00
GF Value 円680.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lead Co Interest Coverage?

Lead Co TSE:6982 +2.94% 54 Interest Coverage is 3.37 as of Mar. 2026, which is 45% above its 10-year median of 2.33. GuruFocus rates TSE:6982 with a GF Score™ of 54/100 and a GF Value™ of 円680.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Lead Co ranks worse than 93808.54% 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. Lead Co's Operating Income for the six months ended in Mar. 2026 was 円107 Mil. Lead Co's Interest Expense for the six months ended in Mar. 2026 was 円-32 Mil. Lead Co's interest coverage for the quarter that ended in Mar. 2026 was 3.37. The higher the ratio, the stronger the company's financial strength is.

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


TSE:6982's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.295
* 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.


Lead Co  (TSE:6982) 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 .


Lead Co Interest Coverage Related Terms


Lead Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lead 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.

Lead Co Interest Coverage Chart

Lead 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 0.00 3.10 0.27 0.00 0.00

Lead 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 0.00 0.00 0.00 0.00 3.37

TSE:6982 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Lead 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.


Lead Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lead Co's Interest Coverage distribution charts can be found below:

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


TSE:6982
54GF Score
Lead Co Inc TSE:6982
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lead 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.

Lead 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, Lead Co's Interest Expense was 円-59 Mil. Its Operating Income was 円-112 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,504 Mil.

Lead Co did not have earnings to cover the interest expense.

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

Here, for the six months ended in Mar. 2026, Lead Co's Interest Expense was 円-32 Mil. Its Operating Income was 円107 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,504 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*107.176/-31.814
=3.37

* 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 3.37 mean?
Lead Co (TSE:6982) has a Interest Coverage of 3.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lead Co and its competitors. This is 45% above median its historical median of 2.33. According to the industry distribution chart, Lead Co ranks #999999 out of 1066 companies in the Vehicles & Parts industry.
Is Lead Co's Interest Coverage too high?
Lead Co's current Interest Coverage of 3.37 is 45% above median its 10-year median of 2.33. The Vehicles & Parts industry median Interest Coverage is 8.30. Lead Co's value of 3.37 is 59.4% below this industry median. Based on the distribution chart, Lead Co ranks #999999 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Lead Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lead Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lead Co ranks #999999 out of 1066 companies for Interest Coverage. This places Lead Co in the lower half of its industry. The industry median Interest Coverage is 8.30. Lead Co's value of 3.37 is 59.4% below this benchmark. While the company's 10-year median is 2.33 vs. the industry median of 8.30, Lead Co 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. Lead Co's current Interest Coverage of 3.37 is 59.4% 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 Lead Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Co's current Interest Coverage is 3.37, which is 45% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Co stock overvalued right now?
Based on GuruFocus' analysis, Lead Co (TSE:6982) is currently considered Modestly Undervalued. The stock's GF Value™ is 円680.52, compared to a current price of 円595.00 — trading 12.6% below its estimated fair value. The current Interest Coverage is 3.37, which is 45% above median its 10-year median of 2.33 and 59.4% below the Vehicles & Parts industry median of 8.30. Lead Co's overall GF Score™ is 54/100 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 Lead Co (TSE:6982), the current Interest Coverage is 3.37 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 Lead Co (TSE:6982) Overvalued in 2026?

Based on GuruFocus' analysis, Lead Co stock appears to be undervalued. The current stock price of 円595.00 is trading 12.6% below its estimated GF Value™ of 円680.52. GuruFocus considers Lead Co to be Modestly Undervalued.

Key valuation signals for TSE:6982:

  • Interest Coverage: 3.37 (45% above median its 10-year median of 2.33)
  • GF Value™: 円680.52 vs. price of 円595.00 (12.6% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 59.4% below the Vehicles & Parts median (#999999 of 1066)

No single metric tells the full story. See the TSE:6982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lead Co Business Description

Other Exchanges 6982:Japan
Address 578, Yatougo, Kumagaya-shi, Saitama, JPN, 360-0203
Lead Co Inc is a Japan-based company engages in the manufacture and sale of automotive parts, electronic equipment relates racks and cases, and solar and LED lamps.
54GF Score

Get the complete analysis for TSE:6982

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

円595.00
Price
円680.52
GF Value